In February 2015, the International Monetary Fund (IMF) released a report estimating that Australia has the highest tax expenditures in the OECD when measured against GDP (see next chart).
According to the report, tax expenditures are:
Family home dominates Australia’s world-beating tax concessions
Leith van Onselen
Tuesday, 31 January 2017
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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