Australia Council for the Arts submission to the Australia's Future Tax System review
On 13 May 2008 the Australian Government announced the review of Australia's tax system. The review will look at the current tax system and make recommendations to position Australia to deal with the demographic, social, economic and environmental challenges of the 21st century.
The Australia Council's response to the review of the tax system makes nine recomendations aimed at addressing the low levels of individual artist incomes or increasing the financial viability of arts organisations.
This submission focuses specifically on the taxation and transfer system as it pertains to artists or arts organisations. We have identified the major challenges and problems facing artists, particularly with reference to their income levels in their interaction with the taxation and transfer system. Additionally we have highlighted some existing features of the system that are beneficial to artists or arts organisations. We have recommended other reforms to the system that in some cases bring the arts into line with other sectors and in others propose reforms that will have a direct and positive impact on the low income of many artists.
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