Festival of Outrageous Tax Ideas (FOTI) 2017

Papers

Outrageous Idea 1

Housing affordability demands a complex and outrageous politically charged tax response
Agent Provocateur: Discussants:

Outrageous Idea 2

Time shifting of income undermines income tax equity, efficiency, simplicity and integrity - is fixing it so outrageous?
Agent Provocateur: Discussants:

Outrageous Idea 3

Gender bias in the tax and transfer system is outrageous - so fix it!
Agent Provocateur: Discussant:

Outrageous Idea 4

Let’s tax the dead and remove an outrageous tax haven!
Agent Provocateur: Discussants:
  • Frank Stilwell
  • John Taylor
  • Outrageous Plenary Session

    Is tax reform that hard?: So what are the next "outrageous" steps?
    Agent Provocateur: Bernie Fraser, Former Head of Treasury and Governor of the Reserve Bank

    Panel Members:
    • Kerrie Sadiq, Queensland University of Technology
    • Richard Eccleston, University of Tasmania
    • Michael Walpole, UNSW Business School
    • Neil Warren, UNSW Business School

    Event Details

    When: 13 July 2017
    Where: UNSW CBD Campus, 1 O’Connell St Sydney 2000

    2017 is shaping up as a big year for tax.

    Not only are there major Commonwealth tax reforms being introduced on 1 July and more in prospect, but the States are now moving ahead with their own range of tax reforms, ever mindful that they need to do something about housing affordability.

    For the Commonwealth, the urgency is to ensure personal and business income tax integrity is maintained and that the GST remains robust. However, the reality is that most Commonwealth taxes are under challenge which does little to help repair Budget deficits.

    Not surprisingly, States are concerned that a Budget-repair focussed Commonwealth is now looking to States to step up their tax revenue raising actions. State should be worried. The Commonwealth recently asked the Productivity Commission to undertake an inquiry into the principles underlying the distribution of GST revenue to the States, something States have argued inhibits them embracing reform.

    What we now have is evidence of a broad-based push for major tax reform across all levels of government in the Australian Federation.

    On Thursday 13 July 2017 at the UNSW CBD Campus at 1 O’Connell St Sydney, the School of Taxation and Business Law in the UNSW Business School is holding a “festival” designed to push the tax envelope and raise some “outrageous” tax ideas which could begin to future proof the Australian tax system.

    Leaders in the tax field from a range of disciplines and interests will propose and work through new thinking on four major areas including:

    • A taxation response to housing affordability
    • Addressing how the time shifting of income undermines income taxation design
    • Strategies to address gender bias in the tax and transfer system
    • How death taxes are a way to remove an outrageous “tax haven”

    The format of each of the four sessions is designed to promote possibilities which provoke a rethinking of the way forward for taxation in Australia. Proponents and opponents on the podium will be pitched into the arena at the festival to wrestle with new ideas and wrangle with robust audience participation through panel discussion and Q&A sessions.

    View the preliminary program here.

    Conference Fee

    Standard registration: Free

    Registration closes: Monday 10 July, 2017

    The conference fee includes the following:

    • Attendance at the one day conference and all conference catering at UNSW CBD Campus
    • Access to the key papers before and after the conference
     > Register to attend

    Please direct all queries to: m.magafas@unsw.edu.au.

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