The Commonwealth Treasury


2001 Tax Expenditures Statement

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No. 12

2001 Tax Expenditures Statement

The Treasury today released the 2001 Tax Expenditures Statement. The Statement provides estimates of the financial benefits derived by the recipients of many tax concessions, which are usually delivered by tax exemptions, tax deductions, tax rebates and reduced tax rates. They lower the tax burden by either reducing the amount of, or delaying the collection of, taxation revenue.

The main points to note from this year's Statement are:

The 2001 Tax Expenditures Statement is available from Government Information Shops and through the internet at http://www.treasury.gov.au.

Canberra Contact: Darren Kennedy
14 December 2001 (02) 6263 3851