Component 1: Supporting a global 15% minimum tax

Implement the OECD’s Global Two Pillar plan for a global 15% minimum effective tax rate on multinationals and for the taxes on multinational profits to better reflect where products and services are sold.

Component 2: Limiting debt related deductions by multinationals

Component 1: Supporting a global 15% minimum tax

Implement the OECD’s Global Two Pillar plan for a global 15% minimum effective tax rate on multinationals and for the taxes on multinational profits to better reflect where products and services are sold.

Component 2: Limiting debt related deductions by multinationals

Component 1: Supporting a global 15% minimum tax

Implement the OECD’s Global Two Pillar plan for a global 15% minimum effective tax rate on multinationals and for the taxes on multinational profits to better reflect where products and services are sold.

Component 2: Limiting debt related deductions by multinationals

This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

The proposal has 2 components that would tax the net wealth of Australian residents and non-residents.

For Component 1 and 2, net wealth would be calculated as follows.

The proposal has 2 components that would tax the net wealth of Australian residents and non-residents.

For Component 1 and 2, net wealth would be calculated as follows.