The NSW Government has commissioned an independent review of the State’s revenue system as it relates to federal funding and its interactions with the state tax system.
ISA endorses the NSW Review of Federal Financial Relations' broad-brush approach to tax reform especially examining the rational structure of taxes and overall fiscal relations.
ISA’s submission is limited to consideration of a single federal tax reform – replacing the corporate income tax with a cash flow tax and also how this initiative could be linked to the supply of high priority affordable housing.
*The above material, whilst correct at the time of publication may include references or statements which are no longer current.