Tax complexity in Australia a survey-based comparison to the OECD average Thomas Hoppe
By: Hoppe, Thomas
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Material type: 
ArticlePublisher: 2020Subject(s): EMPRESAS MULTINACIONALES | IMPUESTOS | AUSTRALIA | DERECHO COMPARADO
In:
Australian Tax Forum: a journal of Taxation Policy, Law and Reform v. 35, n. 4, 2020, p. 451-475Summary: This article comprehensively reviews Australia’s corporate income tax complexity as faced by multinational corporations (MNCs) and compares it to the average of the remaining OECD countries. Building on unique survey data, I find that the Australian tax code is considerably more complex than the OECD average, which is mainly due to overly complex anti-avoidance legislation, such as regulations on transfer pricing, general anti-avoidance or controlled foreign corporations (CFC). In contrast, Australia’s tax framework, which covers processes and features such as tax law enactment or tax audits, is close to the OECD average. A more detailed analysis yields further interesting insights. For example, excessive details in the tax code and the time between the announcement of a tax law change and its enactment turn out to be serious issues in Australia relative to the remaining OECD countries.
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| OP 1867/2020/3-6 Voluntary tax disclosures and corporate tax avoidance | OP 1867/2020/3-7 Tear down and rebuild, or retrofit? | OP 1867/2020/4 Australian Tax Forum: a journal of Taxation Policy, Law and Reform | OP 1867/2020/4-1 Tax complexity in Australia | OP 1867/2020/4-2 Spoiling Oktoberfest | OP 1867/2020/4-3 From uncertainty to objectivity | OP 1867/2020/4-4 Does the Australian Taxation Office disclosure of information impact the costs of tax aggressiveness |
Resumen.
This article comprehensively reviews Australia’s corporate income tax complexity as faced by multinational corporations (MNCs) and compares it to the average of the remaining OECD countries. Building on unique survey data, I find that the Australian tax code is considerably more complex than the OECD average, which is mainly due to overly complex anti-avoidance legislation, such as regulations on transfer pricing, general anti-avoidance or controlled foreign corporations (CFC). In contrast, Australia’s tax framework, which covers processes and features such as tax law enactment or tax audits, is close to the OECD average. A more detailed analysis yields further interesting insights. For example, excessive details in the tax code and the time between the announcement of a tax law change and its enactment turn out to be serious issues in Australia relative to the remaining OECD countries.
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