{ "entity_id": "B-003116", "folder": "Board-of-Taxation", "name": "Board of Taxation", "type": "Advisory Body", "jurisdiction": "Commonwealth", "portfolio": "Treasury", "website": "http://taxboard.gov.au/", "data_status": "rich", "completeness": { "has_strategy_brief": true, "has_strategy_structured": true, "has_vision": false, "has_kpi_targets": true, "has_kpi_results": true, "has_strategy_overview": true, "has_legislation_text": true, "has_legislation_structured": false, "has_global_initiatives_text": false, "has_ideas": true, "has_artifacts": true, "n_ideas": 12, "n_legislation": 0, "n_artifacts": 11, "n_kpi_targets": 1, "n_kpi_results": 2, "n_outcomes": 2, "verified_own_data": true }, "strategy_profile": { "status": "published", "confidence": "high", "summary": "The Board provides an independent source of advice to government, from a business and broader community perspective, on taxation matters. In doing so the Board provides advice to the Treasurer and Minister for Housing and Assistant Treasurer on: the quality and effectiveness of tax legislation and the processes for its development, including the processes around community consultation and other aspects of tax design; improvements to the general integrity and functioning of the taxation system; research and other studies commissioned by the Board on topics approved or referred by the Treasurer; and other taxation matters referred to the Board by the Treasurer and/or Minister for Housing and Assistance Treasurer. [CP p.4]", "official_site_url": "http://taxboard.gov.au/", "source_documents": [ { "type": "annual_report", "title": "pdf - 1.11 MB", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf", "period": "2022", "confidence": "high" }, { "type": "annual_report", "title": "pdf - 885.13 KB", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf", "period": "2021", "confidence": "high" }, { "type": "annual_report", "title": "pdf - 1.13 MB", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Final-18-19-Annual-Report.pdf", "period": "2020", "confidence": "high" }, { "type": "annual_report", "title": "pdf - 342.01 KB", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf", "period": "2016-17", "confidence": "high" }, { "type": "annual_report", "title": "pdf - 169.69 KB", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf", "period": "2003-04", "confidence": "high" } ], "purpose": { "text": "The Board provides an independent source of advice to government, from a business and broader community perspective, on taxation matters. In doing so the Board provides advice to the Treasurer and Minister for Housing and Assistant Treasurer on: the quality and effectiveness of tax legislation and the processes for its development, including the processes around community consultation and other aspects of tax design; improvements to the general integrity and functioning of the taxation system; research and other studies commissioned by the Board on topics approved or referred by the Treasurer; and other taxation matters referred to the Board by the Treasurer and/or Minister for Housing and Assistance Treasurer. [CP p.4]", "source_url": "", "source_page": 4, "source_deep_url": "" }, "vision": null, "strategic_priorities": [ { "title": "Economic recovery in a post-COVID-19 world", "description": "Economic recovery in a post-COVID-19 world", "source_url": "", "source_page": 21, "source_deep_url": "" }, { "title": "Drive growth, increase productivity, and reduce red tape", "description": "Drive growth, increase productivity, and reduce red tape", "source_url": "", "source_page": 21, "source_deep_url": "" }, { "title": "Review of GST on Low Value Imported Goods (LVIG)", "description": "Review of GST on Low Value Imported Goods (LVIG)", "source_url": "", "source_page": 21, "source_deep_url": "" } ], "values": [ { "name": "Business perspective", "description": "", "source_url": "", "source_page": null }, { "name": "Community perspective", "description": "", "source_url": "", "source_page": null }, { "name": "Taxation integrity", "description": "", "source_url": "", "source_page": null } ], "outcomes": [ { "name": "Outcome 1: Improved tax system design", "description": "The Board’s mission is to contribute a business and broader community perspective to improving the design of taxation laws and their operation.", "activities": [ "Providing advice to government on tax legislation", "Conducting in-depth reviews of various aspects of the tax system" ], "source_url": "", "source_page": 4, "source_deep_url": "" }, { "name": "Outcome 2: Enhanced tax system integrity", "description": "The Board aims to improve the general integrity and functioning of the taxation system.", "activities": [ "Identifying potential targets for regulatory reform", "Providing feedback on the progress of regulatory reform" ], "source_url": "", "source_page": 21, "source_deep_url": "" } ], "performance_measures": [ { "code": "CCE01", "measure": "Review of GST on Low Value Imported Goods (LVIG)", "target": "Assess the effectiveness of the LVIG regime", "latest_result": "Report released on 6 October 2020", "status": "Achieved", "target_source_url": "", "target_source_page": 21, "result_source_url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf", "result_source_page": 13 }, { "code": "CCE02", "measure": "Review of CGT Roll-overs", "target": "", "latest_result": "Consultation guide published in February 2020", "status": "Achieved", "target_source_url": "", "target_source_page": null, "result_source_url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf", "result_source_page": 14 } ], "document_alignment_terms": { "must_support": [ "The Board provides an independent source of advice to government, from a business and broader community perspective, on taxation matters. In doing so the Board provides advice to t", "Economic recovery in a post-COVID-19 world", "Drive growth, increase productivity, and reduce red tape", "Review of GST on Low Value Imported Goods (LVIG)" ], "watch_terms": [ "Review of GST on Low Value Imported Goods (LVIG)", "Review of CGT Roll-overs" ], "avoid_claiming_without_evidence": [] }, "review_note": "" }, "strategy_brief_md": "# Board of Taxation — Strategy Brief\n\n**Reporting period**: 2024-25\n**Corporate plan in force**: 2025-26\n**Annual Report**: [2024-25](http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)\n\n## Our purpose / purposes\n\n> The Board provides an independent source of advice to government, from a business and broader community perspective, on taxation matters. In doing so the Board provides advice to the Treasurer and Minister for Housing and Assistant Treasurer on: the quality and effectiveness of tax legislation and the processes for its development, including the processes around community consultation and other aspects of tax design; improvements to the general integrity and functioning of the taxation system; research and other studies commissioned by the Board on topics approved or referred by the Treasurer; and other taxation matters referred to the Board by the Treasurer and/or Minister for Housing and Assistance Treasurer. [CP p.4] [CP p.4]\n\n## How we deliver\n\n> The Board will provide advice to the Treasurer on: the quality and effectiveness of tax legislation and the processes for its development, including the processes of community consultation and other aspects of tax design; improvements to the general integrity and functioning of the taxation system; research and other studies commissioned by the Board on topics approved or referred by the Treasurer; and other taxation matters referred to the Board by the Treasurer and/or Minister for Housing and Assistance Treasurer. [CP p.4] [CP p.4]\n\n## Government priorities for this department\n\n- Economic recovery in a post-COVID-19 world [CP p.21]\n- Drive growth, increase productivity, and reduce red tape [CP p.21]\n- Review of GST on Low Value Imported Goods (LVIG) [CP p.21]\n\n## Outcomes\n\n### Outcome 1: Improved tax system design\nThe Board’s mission is to contribute a business and broader community perspective to improving the design of taxation laws and their operation. [CP p.4]\n\n**Key activities:**\n- Providing advice to government on tax legislation\n- Conducting in-depth reviews of various aspects of the tax system\n\n### Outcome 2: Enhanced tax system integrity\nThe Board aims to improve the general integrity and functioning of the taxation system. [CP p.21]\n\n**Key activities:**\n- Identifying potential targets for regulatory reform\n- Providing feedback on the progress of regulatory reform\n\n## Values and principles\n\n- Business perspective\n- Community perspective\n- Taxation integrity\n\n## What they will measure themselves on this year (targets from 2025-26 corporate plan)\n\n| Code | Measure | Target | Source |\n|---|---|---|---|\n| CCE01 | Review of GST on Low Value Imported Goods (LVIG) | Assess the effectiveness of the LVIG regime | CP p.21 |\n\n## How they performed last year (results from 2024-25 annual report)\n\n| Code | Measure | Result | Status | Source |\n|---|---|---|---|---|\n| CCE01 | Review of Corporate Tax Residency Rules | Report released on 6 October 2020 | Achieved | [AR p.13](http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf#page=13)(http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf#page=13) |\n| CCE02 | Review of CGT Roll-overs | Consultation guide published in February 2020 | Achieved | [AR p.14](http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf#page=14)(http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf#page=14) |", "strategy_overview_evidence_md": null, "internal_strategy_evidence_md": "# Board of Taxation - Strategy, Performance, and Operating Profile\n\n**Generated at**: 2026-05-09T22:32:46.289226+00:00\n**Entity ID**: B-003116\n**Entity type**: Advisory Body\n**Jurisdiction**: Commonwealth\n**Portfolio**: Treasury\n**Website**: http://taxboard.gov.au/\n\n> Draft generated from scraped source material. Treat this as an evidence pack for editorial review, not a final judgement.\n\n## Source Coverage\n\n| Source type | Count |\n|---|---:|\n| annual-reports | 5 |\n| other-pdfs | 5 |\n| pages | 21 |\n| reviews | 1 |\n\n## Executive Readout\n\n### Purpose\n\n- [Page 35]\nThe Board of Taxation 2016-17 Annual Report\n5 APPENDIX B: THE BOARD’S CHARTER\n5.1 The Charter\n5.1.1 Mission\nRecognising the Government’s responsibility for determining taxation policy\nand the statutory roles of the Commissioner of Taxation and the\nInspector-General of Taxation, the Board’s mission is to contribute a business\nand broader community perspective to improving the design of taxation laws\nand their operation.\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- [Page 24]\nThe Board of Taxation 2018 — 2019 Annual Report\n4 A: ’\nAPPENDIX THE BOARD S CHARTER\n4.1 The Charter\n4.1.1 Mission\nRecognising the Government’s responsibility for determining taxation policy and the statutory\nroles of the Commissioner of Taxation and the Inspector-General of Taxation, the Board’s\nmission is to contribute a business and broader community perspective to improving the design\nof taxation laws and their operation.\n Source: `annual-reports/2020.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Final-18-19-Annual-Report.pdf)`\n- [Page 28]\nThe Board of Taxation 2019-2020 Annual Report\n4 A A: T B ’ C\nPPENDIX HE OARD S HARTER\n4.1 The Charter\n4.1.1 Mission\nRecognising the Government’s responsibility for determining taxation policy and the statutory\nroles of the Commissioner of Taxation and the Inspector General of Taxation, the Board’s\nmission is to contribute a business and broader community perspective to improving the design\nof taxation laws and their operation.\n Source: `annual-reports/2021.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf)`\n- [Page 31]\nBoard of Taxation 2020-2021 Annual Report\n5 A A: T B ’ C\nPPENDIX HE OARD S HARTER\n5.1 The Charter\n5.1.1 Mission\nRecognising the Government’s responsibility for determining taxation policy and the statutory\nroles of the Commissioner of Taxation and the Inspector General of Taxation, the Board’s\nmission is to contribute a business and broader community perspective to improving the design\nof taxation laws and their operation.\n Source: `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)`\n\n### Role and Functions\n\n- [Page 10]\nActivities of the Board\nTable 1: Board of Taxation meetings, 2003-04\nDate Location\n18 July 2003 Sydney\n17 September 2003 Sydney\n7 October 2003 Sydney\n19 November 2003 Sydney\n17 December 2003 Canberra\n5 February 2004 Canberra\n4 March 2004 Sydney\n8 April 2004 Canberra\n14 May 2004 Sydney\n9 June 2004 Canberra\nAdvisory Panel\nOn 9 July 2002, the Board Chairman announced that the Board had established a\nhigh-level Advisory Panel to assist it in the general performance of its role, including its\nkey functions of advising the Treasurer on the quality and effectiveness of tax legislation\nand on improvements to the integrity and functioning of the tax system.\n Source: `annual-reports/2003-04.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf)`\n- [Page 27]\nAPPENDIX D: CONSULTATION BY THE BOARD\nTable 3: Speeches and presentations, 2003-04\nDate Presentation Event Member\n2 September 2003 Address on tax reform in Function connected with Richard\nAustralia the 57th Annual Warburton\nConference of the\nInternational Fiscal\nAssociation (Sydney)\n30 January 2004 Address on the role and 16th Annual Conference Richard\ncurrent activities of the of the Australasian Tax Warburton\nBoard of Taxation Teachers’ Association\n(Adelaide)\n10 February 2004 Address on the role and 2nd Annual Australian Richard\nactivities of the Board of Taxation Summit, Warburton\nTaxation and progress of (Sydney)\nbusiness tax reform\n31 March 2004 After dinner speech on Taxation Institute of Brett Heading\nthe role and current Australia, Queensland\nactivities of the Board of Division (Brisbane)\nTaxation\nPage 21\n Source: `annual-reports/2003-04.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf)`\n- Table 1: Terms of Board members\nMember Initial term commenced Term expires/ceased\nRosheen Garnon, Chair(a) 26 March 2020 31 March 2025\nDr Julianne Jaques KC(b) 1 July 2017 30 September 2025\nIan Kellock(c) 12 May 2021 11 August 2027\nAndrea Laing(d) 21 October 2021 20 October 2027\nAndrew Mills 8 December 2023 7 December 2026\nJudy O’Connell 8 December 2023 7 December 2026\nRob Heferen 1 March 2024 Ex officio\nDr Steven Kennedy PSM(e) 2 September 2019 Ex officio – 16 June 2025\nJenny Wilkinson PSM(f) 16 June 2025 Ex officio\nMeredith Leigh 11 October 2021 Ex officio\na) Mrs Rosheen Garnon term as Chair and Board member ceased on 31 March 2025 following the Treasurer accepting her\nresignation.\nb) Dr Julianne Jaques KC was appointed as acting Chair from 1 April 2025 to 30 September 2025.\nc) Ian Kellock was re-appointed for an additional term to 11 August 2027.\n Source: `other-pdfs/2024-25-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-10/2024-25-bot-ar.pdf)`\n- [pages 25,26,27,28,29,30,31]\n19 Ex officio – 16 June 2025\nJenny Wilkinson PSM(f) 16 June 2025 Ex officio\nMeredith Leigh 11 October 2021 Ex officio\na) Mrs Rosheen Garnon term as Chair and Board member ceased on 31 March 2025 following the Treasurer accepting her\nresignation.\nb) Dr Julianne Jaques KC was appointed as acting Chair from 1 April 2025 to 30 September 2025.\nc) Ian Kellock was re-appointed for an additional term to 11 August 2027.\nd) Andrea Laing was re-appointed for an additional term to 20 October 2027.\ne) Dr Steven Kennedy PSM occupied the role of Secretary to the Treasury from 2 September 2019 until 16 June 2025.\nf) Jenny Wilkson PSM was appointed as the 20th Secretary to the Treasury on 16 June 2025 and as a result also became an ex officio\nmember of the Board.\n Source: `other-pdfs/2024-25-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-10/2024-25-bot-ar.pdf)`\n- Table 4: External events attended by Board members\nOrganisations Events\nSydney University Digital tax presentation\nFinancial Services Accountants\nFSAA conference\nAssociation (FSAA)\nPwC Quarterly Tax Briefing\nTax Institute October summit on tax reform\nTax Summit – the role of tax governance in the world of ATO\nTax Institute\nJustified Trust engagements\nAccountants Daily Keynote address\nTax risk management and governance – tax controls over\nPwC/ATO\nthird party data\nTreasury International Women’s Day 2022\nTop 1000 Reviews, Tax Governance & where to next for\nATO\nJustified Trust\nATO Tax oversight committee of Indonesia presentation\nCorporate Tax Association (CTA) CTA 2022 National Heads of Tax meeting\nPage 24\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- [Page 13]\n2 ACTIVITIES OF THE BOARD IN 2016-17\n2.1 Overview\nDuring 2016-17, the Board continued the role of providing advice to the\nGovernment in relation to tax improvements, tax system design and other\npriorities for the tax system.\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n\n### Strategic Priorities\n\n- Key activities of the Board in 2016-17 included:\nFinalised Reports, Advice and Submissions\n• Report on the implementation of anti-hybrid rules to regulatory capital\n• Report on introducing an asset merger roll-over relief\n• Report on targeted trust simplification\n• Advice on the Mandatory Disclosure Rules\n‘Real-time’ policy advice\n• Review of international experience and best practice in managing shadow\neconomy tax collection risks – this self-initiated review led to the\nestablishment of the Black Economy Taskforce by Government\n• Input on the Government’s Superannuation reforms\n• Input on consultation on stapled structures\n• Input on the review of Tax and Corporate Whistleblower Protections in\nAustralia\n• Collaborating with the AASB to develop draft guidance on calculation of a\nbusiness’s effective tax rate\n• Submission of tax ideas for consideration as part of the 2016-17 Budget\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- [Page 13]\n2 ACTIVITIES OF THE BOARD IN 2016-17\n2.1 Overview\nDuring 2016-17, the Board continued the role of providing advice to the\nGovernment in relation to tax improvements, tax system design and other\npriorities for the tax system.\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- [Page 12]\nThe Board of Taxation 2018 — 2019 Annual Report\n2 A B 2018-19\nCTIVITIES OF THE OARD IN\n2.1 Overview\nDuring 2018-19, the Board provided advice to the Government in relation to tax improvements,\ntax system design and other priorities for the tax system.\n Source: `annual-reports/2020.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Final-18-19-Annual-Report.pdf)`\n- [Page 33]\nAPPENDIX F: FINANCIAL STATEMENTS\nTable 7: Revenue, expenses and operating result\n2002-03 2003-04\nExpenses $ $\nEmployee expenses(a)\nWages 309,244 395,369\nSuperannuation 50,448 93,617\nOther employee expenses 137,642 141,125\nTotal employee expenses 497,334 630,111\nOther expenses\nTravel(b) 80,298 82,985\nComputers (non-asset) 875 359\nOffice machines & furniture 5,790 6\nCommunications 579 0\nFreight and storage 6,528 0\nConferences and training 14,608 3,740\nConsultants and contracts 273,432 176,268\nLegal services 1,539 2,190\nOffice supplies 81 1,039\nAdvertising 8,166 9,649\nPrinting 43,858 190\nPublications and subscriptions 3,469 2,014\nOther supplier expenses 88,483 100,314\nDepreciation and amortisation 1,894 4,700\nTotal operating expenses 529,600 383,455\nTotal expenses 1,026,934 1,013,566\nRevenue\nFunding from Government 2,000,000 2,000,000\nOperating surplus 973,066 986,434\n Source: `annual-reports/2003-04.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf)`\n- [Page 47]\nThe Board of Taxation 2016-17 Annual Report\n12 APPENDIX I: FINANCIAL STATEMENTS\nTable 9: Revenue, expenses and operating result\n2015-16 2016-17\n$ $\nRevenue\nRevenue – Department of the Treasury budget\n1,865,334 1,855,000\nallocation\nRevenue — Other 270,693 304,046\nTotal revenue 2,136,027 2,159,046\nExpenses\nEmployee expenses\nWages 577,107 688,099\nSuperannuation 152,542 165,392\nOther employee expenses 560,545 587,547\nTotal employee expenses 1,290,194 1,441,038\nOther expenses\nTravel 199,442 220,844\nConferences and training 13,440 12,431\nConsultants and Contractors 110,217 20,860\nSeconded Employees 387,561 449,055\nOffice supplies 24,229 1,096\nPublications and subscriptions 3,109 7,778\nOther supplier expenses 6,376 3,448\nTotal operating expenses 744,374 715,512\nTotal expenses 2,034,567 2,156,550\nOperating surplus 101,460 2,496\nPage 37\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- Table 5: External events attended by Board members\nAsian Racing Federation Asian Racing Federation’s anti-illegal betting taskforce\nATO Presentation on the Black economy taskforce’ to ATO staff at\nthe ATO Brisbane office\nCurtin University 2019 Australasian Tax Teachers' Association (ATTA) Conference\nFinancial Services Council FSC Tax Committee Meeting\nInstitute of Public Accountants 2019 Tasmania Congress\nLaw Council of Australia Taxation Workshop\nMelbourne University Tax in practice crafting the law\nMelbourne University Black Economy and Law Reform\nMinerals Council of Australia Minerals Council of Australia – Tax Conference 2019 - Tax\nTransparency - 19-20 March 2019\nMonash University Business Leaders Panel – Future of Australia’s Tax system\nSchool\nOECD Shadow Economy Advisory Working Group\nTax Talk Podcast review of small business tax concessions\nTax Talk Podcast Board of Taxation\n Source: `annual-reports/2020.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Final-18-19-Annual-Report.pdf)`\n- [Page 39]\nThe Board of Taxation 2018 — 2019 Annual Report\n11 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 8: Revenue, expenses and operating result\n2018-19 2017-18\n$ $\nRevenue\nRevenue – Department of the Treasury budget allocation 1,854,557 1,924,290\nRevenue — Other 455,869 483,343\nTotal revenue 2,310,426 2,407,633\nExpenses\nEmployee expenses\nWages 701,583 737,251\nSuperannuation 180,769 188,335\nOther employee expenses 583,971 600,250\nTotal employee expenses 1,466,323 1,525,836\nOther expenses\nTravel 150,828 180,587\nConferences and training 3,924 2,473\nConsultants and Contractors 74,998 -\nSeconded Employees 570,022 663,107\nOffice supplies 1,001 1,603\nPublications and subscriptions - 706\nOther supplier expenses 43,330 33,321\nTotal other expenses 844,103 881,797\nTotal expenses 2,310,426 2,407,633\nOperating surplus - -\nTable 9: Remuneration paid to non-government Board members,\n2018-19\n Source: `annual-reports/2020.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Final-18-19-Annual-Report.pdf)`\n- [Page 37]\nThe Board of Taxation 2019-2020 Annual Report\n11 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 8: Revenue, expenses and operating result\n2018-19 2019-20\n$ $\nRevenue\nRevenue — Department of the Treasury budget allocation 1,854,557 1,610,642\nRevenue — Other 455,869 542,243\nTotal revenue 2,310,426 2,152,885\nExpenses\nEmployee expenses\nWages 701,583 601,542\nSuperannuation 180,769 157,983\nOther employee expenses 583,971 507,497\nTotal employee expenses 1,466,323 1,267,022\nOther expenses\nTravel 150,828 87,674\nConferences and training 3,924 5,004\nConsultants and Contractors 74,998 66,000\nSeconded Employees 570,022 678,606\nOffice supplies 1,001 4\nOther supplier expenses 43,330 48,575\nTotal other expenses 844,103 885,863\nTotal expenses 2,310,426 2,152,885\nOperating surplus - -\nTable 9: Remuneration paid to non-government Board members,\n2019-20\nBoard Members 2019-20 $\nTotal $417,255\nPage 29\n Source: `annual-reports/2021.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf)`\n- 3.5.1 Corporate tax residency rules\nThe Government announced in the 2020-21 Federal Budget on 6 October 2020 that it will adopt\nthe Board’s key recommendation set out in the Board’s report in relation to the review of the\ncorporate tax residency rules.\n Source: `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)`\n- 3.5.5 Individual tax residency rules\nThe Board was delighted by the announcement of reforms to the individual tax residency rules\nin the 2021-22 Federal Budget on 11 May 2021 to make them more certain and easier to\nunderstand and apply in practice.\n Source: `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)`\n\n## KPIs, Targets, and Where They Are At\n\n- [Page 33]\nAPPENDIX F: FINANCIAL STATEMENTS\nTable 7: Revenue, expenses and operating result\n2002-03 2003-04\nExpenses $ $\nEmployee expenses(a)\nWages 309,244 395,369\nSuperannuation 50,448 93,617\nOther employee expenses 137,642 141,125\nTotal employee expenses 497,334 630,111\nOther expenses\nTravel(b) 80,298 82,985\nComputers (non-asset) 875 359\nOffice machines & furniture 5,790 6\nCommunications 579 0\nFreight and storage 6,528 0\nConferences and training 14,608 3,740\nConsultants and contracts 273,432 176,268\nLegal services 1,539 2,190\nOffice supplies 81 1,039\nAdvertising 8,166 9,649\nPrinting 43,858 190\nPublications and subscriptions 3,469 2,014\nOther supplier expenses 88,483 100,314\nDepreciation and amortisation 1,894 4,700\nTotal operating expenses 529,600 383,455\nTotal expenses 1,026,934 1,013,566\nRevenue\nFunding from Government 2,000,000 2,000,000\nOperating surplus 973,066 986,434\n Source: `annual-reports/2003-04.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf)`\n- [Page 47]\nThe Board of Taxation 2016-17 Annual Report\n12 APPENDIX I: FINANCIAL STATEMENTS\nTable 9: Revenue, expenses and operating result\n2015-16 2016-17\n$ $\nRevenue\nRevenue – Department of the Treasury budget\n1,865,334 1,855,000\nallocation\nRevenue — Other 270,693 304,046\nTotal revenue 2,136,027 2,159,046\nExpenses\nEmployee expenses\nWages 577,107 688,099\nSuperannuation 152,542 165,392\nOther employee expenses 560,545 587,547\nTotal employee expenses 1,290,194 1,441,038\nOther expenses\nTravel 199,442 220,844\nConferences and training 13,440 12,431\nConsultants and Contractors 110,217 20,860\nSeconded Employees 387,561 449,055\nOffice supplies 24,229 1,096\nPublications and subscriptions 3,109 7,778\nOther supplier expenses 6,376 3,448\nTotal operating expenses 744,374 715,512\nTotal expenses 2,034,567 2,156,550\nOperating surplus 101,460 2,496\nPage 37\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- [Page 39]\nThe Board of Taxation 2018 — 2019 Annual Report\n11 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 8: Revenue, expenses and operating result\n2018-19 2017-18\n$ $\nRevenue\nRevenue – Department of the Treasury budget allocation 1,854,557 1,924,290\nRevenue — Other 455,869 483,343\nTotal revenue 2,310,426 2,407,633\nExpenses\nEmployee expenses\nWages 701,583 737,251\nSuperannuation 180,769 188,335\nOther employee expenses 583,971 600,250\nTotal employee expenses 1,466,323 1,525,836\nOther expenses\nTravel 150,828 180,587\nConferences and training 3,924 2,473\nConsultants and Contractors 74,998 -\nSeconded Employees 570,022 663,107\nOffice supplies 1,001 1,603\nPublications and subscriptions - 706\nOther supplier expenses 43,330 33,321\nTotal other expenses 844,103 881,797\nTotal expenses 2,310,426 2,407,633\nOperating surplus - -\nTable 9: Remuneration paid to non-government Board members,\n2018-19\n Source: `annual-reports/2020.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Final-18-19-Annual-Report.pdf)`\n- [Page 37]\nThe Board of Taxation 2019-2020 Annual Report\n11 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 8: Revenue, expenses and operating result\n2018-19 2019-20\n$ $\nRevenue\nRevenue — Department of the Treasury budget allocation 1,854,557 1,610,642\nRevenue — Other 455,869 542,243\nTotal revenue 2,310,426 2,152,885\nExpenses\nEmployee expenses\nWages 701,583 601,542\nSuperannuation 180,769 157,983\nOther employee expenses 583,971 507,497\nTotal employee expenses 1,466,323 1,267,022\nOther expenses\nTravel 150,828 87,674\nConferences and training 3,924 5,004\nConsultants and Contractors 74,998 66,000\nSeconded Employees 570,022 678,606\nOffice supplies 1,001 4\nOther supplier expenses 43,330 48,575\nTotal other expenses 844,103 885,863\nTotal expenses 2,310,426 2,152,885\nOperating surplus - -\nTable 9: Remuneration paid to non-government Board members,\n2019-20\nBoard Members 2019-20 $\nTotal $417,255\nPage 29\n Source: `annual-reports/2021.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf)`\n- [Page 40]\nBoard of Taxation 2020-2021 Annual Report\n12 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 7: Revenue, expenses, and operating result\n2019-20 2020-21\n$ $\nRevenue\nRevenue – Department of the Treasury budget\n1,610,642 1,370,103\nallocation\nRevenue – Other 542,243 426,441\nTotal revenue 2,152,885 1,796,544\nExpenses\nEmployee expenses\nWages 601,542 463,990\nSuperannuation 157,983 129,945\nOther employee expenses 507,497 527,919\nTotal employee expenses 1,267,022 1,121,854\nOther expenses\nTravel 87,674 26,396\nConferences and training 5,004 16,000\nConsultants and Contractors 66,000 -\nSeconded Employees 678,606 584,959\nOffice supplies 4 46\nOther supplier expenses 48,575 47,289\nTotal operating expenses 885,863 674,690\nTotal expenses 2,152,885 1,796,544\nOperating surplus - -\nTable 8: Remuneration paid to non-government Board members,\n2020-21\nBoard Members 2020-21 $\nTotal $463,575\nPage 31\n Source: `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)`\n- IT2 Actioned by the Evidence of whether a loan meets Div 7A requirements could be drawn from the basis on which the loan is being The Board provided a report to Government on its Post-Implementation Review\nBoard repaid. of Division 7A in 2014.Refer to 2016-17 Budget measure “Ten Year Enterprise\nPlan - targeted amendments to Division 7A”.\n Source: `other-pdfs/Outcome_of_Legacy_Ideas.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/migrated/Outcome_of_Legacy_Ideas.pdf)`\n- [Page 33]\nBoard of Taxation 2021–2022 Annual Report\n11 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 7: Revenue, expenses, and operating result\n2020-21 2021-22\n$ $\nRevenue\nRevenue – Department of the Treasury budget\n1,370,103 1,434,800\nallocation\nRevenue – Other 426,441 467,832\nTotal revenue 1,796,544 1,902,632\nExpenses\nEmployee expenses\nWages 463,990 390,585\nSuperannuation 129,945 125,415\nOther employee expenses 527,919 525,222\nTotal employee expenses 1,121,854 1,041,222\nOther expenses\nTravel 26,396 31,980\nConferences and training 16,000 13,931\nSeconded Employees 584,959 777,273\nOffice supplies 46 1,263\nOther supplier expenses 47,289 36,963\nTotal operating expenses 674,690 861,410\nTotal expenses 1,796,544 1,902,632\nOperating surplus - -\nTable 8: Remuneration paid to non-government Board members,\n2021–22\nBoard Members 2021–22 $\nTotal* $521,869\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- [Page 34]\nAnnual Report 2022–23\nAppendix I: Financial Statements\nTable 7: Revenue, expenses, and operating result\n2021–22 2022–23\n$ $\nRevenue\nRevenue – Department of the Treasury budget allocation 1,434,800 1,460,973\nRevenue – Other 467,832 398,169\nTotal revenue 1,902,632 1,859,142\nExpenses\nEmployee expenses\nWages 390,585 424,756\nSuperannuation 125,415 134,475\nOther employee expenses 525,222 529,668\nTotal employee expenses 1,041,222 1,088,899\nOther expenses\nTravel(a) 31,980 141,398\nConferences and training 13,931 1,127\nSeconded Employees 777,273 613,314\nOffice supplies 1,263 -\nOther supplier expenses 36,963 14,404\nTotal operating expenses 861,410 770,243\nTotal expenses 1,902,632 1,859,142\nOperating surplus - -\nNotes the Financial Statements\n(a) During the 2022–23 reporting year, the Board returned to in person Board meetings, hosted in Adelaide, Melbourne, Sydney,\n Source: `other-pdfs/2022-23-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2024-03/2022-23-bot-ar.pdf)`\n- [Page 32]\nAnnual Report 2023–24\nAppendix F: Financial Statements\nTable 5: Revenue, expenses, and operating result\n2022–23 2023–24\n$ $\nRevenue\nRevenue – Department of the Treasury budget\n1,460,973 1,270,678\nallocation\nRevenue – Other 398,169 192,525\nTotal revenue 1,859,142 1,463,203\nExpenses\nEmployee expenses\nWages 424,756 504,166\nSuperannuation 134,475 144,074\nOther employee expenses 529,668 507,667\nTotal employee expenses 1,088,899 1,155,907\nOther expenses\nTravel (a) 141,398 60,962\nConferences and training 1,127 3,550\nSeconded Employees(b) 613,314 228,470\nOffice supplies - 432\nOther supplier expenses 14,404 13,881\nTotal operating expenses 770,243 307,296\nTotal expenses 1,859,142 1,463,203\nOperating surplus - -\nNotes the Financial Statements\na) During the 2023–24 reporting year, the Board held seven Board meetings, two were held virtually and the remaining five\n Source: `other-pdfs/2023-24-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-09/2023-24-bot-ar.pdf)`\n- Table 1: Terms of Board members\nMember Initial term commenced Term expires/ceased\nRosheen Garnon, Chair(a) 26 March 2020 31 March 2025\nDr Julianne Jaques KC(b) 1 July 2017 30 September 2025\nIan Kellock(c) 12 May 2021 11 August 2027\nAndrea Laing(d) 21 October 2021 20 October 2027\nAndrew Mills 8 December 2023 7 December 2026\nJudy O’Connell 8 December 2023 7 December 2026\nRob Heferen 1 March 2024 Ex officio\nDr Steven Kennedy PSM(e) 2 September 2019 Ex officio – 16 June 2025\nJenny Wilkinson PSM(f) 16 June 2025 Ex officio\nMeredith Leigh 11 October 2021 Ex officio\na) Mrs Rosheen Garnon term as Chair and Board member ceased on 31 March 2025 following the Treasurer accepting her\nresignation.\nb) Dr Julianne Jaques KC was appointed as acting Chair from 1 April 2025 to 30 September 2025.\nc) Ian Kellock was re-appointed for an additional term to 11 August 2027.\n Source: `other-pdfs/2024-25-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-10/2024-25-bot-ar.pdf)`\n- [pages 25,26,27,28,29,30,31]\n19 Ex officio – 16 June 2025\nJenny Wilkinson PSM(f) 16 June 2025 Ex officio\nMeredith Leigh 11 October 2021 Ex officio\na) Mrs Rosheen Garnon term as Chair and Board member ceased on 31 March 2025 following the Treasurer accepting her\nresignation.\nb) Dr Julianne Jaques KC was appointed as acting Chair from 1 April 2025 to 30 September 2025.\nc) Ian Kellock was re-appointed for an additional term to 11 August 2027.\nd) Andrea Laing was re-appointed for an additional term to 20 October 2027.\ne) Dr Steven Kennedy PSM occupied the role of Secretary to the Treasury from 2 September 2019 until 16 June 2025.\nf) Jenny Wilkson PSM was appointed as the 20th Secretary to the Treasury on 16 June 2025 and as a result also became an ex officio\nmember of the Board.\n Source: `other-pdfs/2024-25-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-10/2024-25-bot-ar.pdf)`\n- [Page 28]\nAnnual Report 2024–25\nAppendix E: Financial Statements\nTable 4: Revenue, expenses, and operating result\n2023–24 2024–25\n$ $\nRevenue\nRevenue – Department of the Treasury budget allocation 1,270,678 1,530,864\nRevenue – Other 192,525 148,370\nTotal revenue 1,463,203 1,679,233\nExpenses\nEmployee expenses\nWages 504,166 575,332\nSuperannuation 144,074 153,161\nOther employee expenses 507,667 493,067\nTotal employee expenses 1,155,907 1,221,559\nOther expenses\nTravel(a) 60,962 112,811\nConferences and training 3,550 3,942\nSeconded Employees(b) 228,470 340,448\nOffice supplies 432 -\nOther supplier expenses 13,881 473\nTotal operating expenses 307,296 457,674\nTotal expenses 1,463,203 1,679,233\nOperating surplus - -\nNotes the Financial Statements\na) During the 2024–25 reporting year, the Board held seven Board meetings, all in-person.\n Source: `other-pdfs/2024-25-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-10/2024-25-bot-ar.pdf)`\n- [Page 21]\nBoard of Taxation 2021–2022 Annual Report\n2.4.2 Review of GST on low value imported goods\nOn 5 July 2021, the former Government announced that the Board would undertake a review\ninto the LVIG measure which facilitates the addition of GST on LVIG.\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- [Page 12]\nActivities of the Board\nPost-implementation review of the quality and\neffectiveness of the non-commercial losses legislation\nIn 2003-04 the Board conducted its first post-implementation review, on the quality and\neffectiveness of the non-commercial losses measure contained in Division 35 of the Income\nTax Assessment Act 1997.\n Source: `annual-reports/2003-04.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf)`\n\n## Key Metrics\n\n| Values found | Evidence | Source |\n|---|---|---|\n| $417,255 | [Page 37]\nThe Board of Taxation 2019-2020 Annual Report\n11 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 8: Revenue, expenses and operating result\n2018-19 2019-20\n$ $\nRevenue\nRevenue — Department of the Treasury budget allocation 1,854,557 1,610,642\nRevenue — Other 455,869 542,243\nTotal revenue 2,310,426 2,152,885\nExpenses\nEmployee expenses\nWages 701,583 601,542\nSuperannuation 180,769 157,983\nOther employee expenses 583,971 507,497\nTotal employee exp | `annual-reports/2021.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf)` |\n| $463,575 | [Page 40]\nBoard of Taxation 2020-2021 Annual Report\n12 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 7: Revenue, expenses, and operating result\n2019-20 2020-21\n$ $\nRevenue\nRevenue – Department of the Treasury budget\n1,610,642 1,370,103\nallocation\nRevenue – Other 542,243 426,441\nTotal revenue 2,152,885 1,796,544\nExpenses\nEmployee expenses\nWages 601,542 463,990\nSuperannuation 157,983 129,945\nOther employee expenses 507,497 527,919\nTotal employee expens | `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)` |\n| $521,869 | [Page 33]\nBoard of Taxation 2021–2022 Annual Report\n11 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 7: Revenue, expenses, and operating result\n2020-21 2021-22\n$ $\nRevenue\nRevenue – Department of the Treasury budget\n1,370,103 1,434,800\nallocation\nRevenue – Other 426,441 467,832\nTotal revenue 1,796,544 1,902,632\nExpenses\nEmployee expenses\nWages 463,990 390,585\nSuperannuation 129,945 125,415\nOther employee expenses 527,919 525,222\nTotal employee expens | `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)` |\n| $10 million, $6,500, 10 million | The Government announced the increase in the small business turnover\nGovernment’s tax threshold to $10 million in the 2016-17 Budget.\nreform process\nSBT7 Considered via When fiscal circumstances permit, increase the small business instant asset write-off threshold back to $6,500. | `other-pdfs/Outcome_of_Legacy_Ideas.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/migrated/Outcome_of_Legacy_Ideas.pdf)` |\n| $20,000 | The 2016-17 Budget extends the instant asset write-off to 30\nreform process June 2017 for small business acquiring assets that cost less than $20,000. . | `other-pdfs/Outcome_of_Legacy_Ideas.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/migrated/Outcome_of_Legacy_Ideas.pdf)` |\n| $10 million, 10 million | The Government announced in the 2016-17 Budget that simpler business\nActioned via other\nTA6 activity statements will become the standard reporting option for all small\navenues\nbusinesses with a turnover of less than $10 million from 1 July 2017. | `other-pdfs/Outcome_of_Legacy_Ideas.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/migrated/Outcome_of_Legacy_Ideas.pdf)` |\n| $20,000 | The small business instant asset write-off threshold was lifted to $20,000 in the\nGovernment’s tax 2015-16 Budget. | `other-pdfs/Outcome_of_Legacy_Ideas.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/migrated/Outcome_of_Legacy_Ideas.pdf)` |\n| $630,111 , $573,756 | Of\ntotal employee expenses of $630,111 in 2003-04, $573,756 was attributed to the Secretariat. | `annual-reports/2003-04.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf)` |\n| 2% | H��W[o�8\u0016~ϯࣴ�\u0014��n��v.m��6�xv\u0017H�A��ċ��ZJ���=\u0017��h'�\u0002�\".%������Lg\u0007��m��i�����I߷��B\\\u001d�6����t�C\\�,Ou���ʫ�i�B\u0014Y�j-�R�e�a���u��\u0014����b�\u0015�3z�hoW�_m��ߦ�G����2\u0013�Nd�/-2%D7_\u001f\u001c�f��bvs��Y��l.\u0012\\)1{\u0016\n�a{#�H+P�(�\u0012�<\u001c\\E�X\u0016��RLc\u001dm�-�.��\u0006_�Y�����2-�\nN�\u0016���\u0013�G?b����U���\b�S1��dI'2�=Ë�$��{�FW��\u0013������\u0013>��(L�\u0011���\u0011_lP�>\u0010)�.r�'\u0012(\u001e<\"�#�\u0013�=!e\n��鼔�N�ZTZ��B�Y��9���8N7}�yp��E�6U!\u001a�f�����4��8�n6��1�z\u0014G]�iS��~)�\u0017��v)�[t�!���Y��T&���(*C�\n��N{P�R;2\u0003�\u0018�\\|�%ɥ�5D�\u001e��x\u0017�\u0006�\u0007t`��b\u000eJ�\u0007��q | `pages/annual-reports-index__00.html (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)` |\n| $417,255 | [Page 37]\nThe Board of Taxation 2019-2020 Annual Report\n11 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 8: Revenue, expenses and operating result\n2018-19 2019-20\n$ $\nRevenue\nRevenue — Department of the Treasury budget allocation 1,854,557 1,610,642\nRevenue — Other 455,869 542,243\nTotal revenue 2,310,426 2,152,885\nExpenses\nEmployee expenses\nWages 701,583 601,542\nSuperannuation 180,769 157,983\nOther employee expenses 583,971 507,497\nTotal employee exp | `annual-reports/2021.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf)` |\n| $463,575 | [Page 40]\nBoard of Taxation 2020-2021 Annual Report\n12 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 7: Revenue, expenses, and operating result\n2019-20 2020-21\n$ $\nRevenue\nRevenue – Department of the Treasury budget\n1,610,642 1,370,103\nallocation\nRevenue – Other 542,243 426,441\nTotal revenue 2,152,885 1,796,544\nExpenses\nEmployee expenses\nWages 601,542 463,990\nSuperannuation 157,983 129,945\nOther employee expenses 507,497 527,919\nTotal employee expens | `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)` |\n| $521,869 | [Page 33]\nBoard of Taxation 2021–2022 Annual Report\n11 A H: F S\nPPENDIX INANCIAL TATEMENTS\nTable 7: Revenue, expenses, and operating result\n2020-21 2021-22\n$ $\nRevenue\nRevenue – Department of the Treasury budget\n1,370,103 1,434,800\nallocation\nRevenue – Other 426,441 467,832\nTotal revenue 1,796,544 1,902,632\nExpenses\nEmployee expenses\nWages 463,990 390,585\nSuperannuation 129,945 125,415\nOther employee expenses 527,919 525,222\nTotal employee expens | `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)` |\n\n## Key Achievements\n\n- [Page 27]\nAPPENDIX D: CONSULTATION BY THE BOARD\nTable 3: Speeches and presentations, 2003-04\nDate Presentation Event Member\n2 September 2003 Address on tax reform in Function connected with Richard\nAustralia the 57th Annual Warburton\nConference of the\nInternational Fiscal\nAssociation (Sydney)\n30 January 2004 Address on the role and 16th Annual Conference Richard\ncurrent activities of the of the Australasian Tax Warburton\nBoard of Taxation Teachers’ Association\n(Adelaide)\n10 February 2004 Address on the role and 2nd Annual Australian Richard\nactivities of the Board of Taxation Summit, Warburton\nTaxation and progress of (Sydney)\nbusiness tax reform\n31 March 2004 After dinner speech on Taxation Institute of Brett Heading\nthe role and current Australia, Queensland\nactivities of the Board of Division (Brisbane)\nTaxation\nPage 21\n Source: `annual-reports/2003-04.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf)`\n- [Page 14]\nThe Board of Taxation 2016-17 Annual Report\n• Review on taxation and the sharing economy\n• Study on differences in core definitions and concepts between state,\nterritory and federal tax laws\n• Review on improving residency tests\n• Post implementation review of contingent consideration rules\nOther ongoing work\n• Monitoring uptake of and promoting the ‘Voluntary Tax Transparency\nCode’\n• Analysing the ideas generated by the sounding board platform and making\nrecommendations for tax system improvement including ideas for inclusion\nin regular Regulatory Reform Bills1\n• Performing the Ministerial Advisory Council (MAC) advisory role\n• Reporting role in relation to the ATO as part of the Government’s Regulator\nPerformance Framework\n• Overseeing role in relation to the exercise of the Commissioner’s remedial\npower\n2.2 Completed projects\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- [pages 14,15,16,17]\nn to the exercise of the Commissioner’s remedial\npower\n2.2 Completed projects\nDuring the 2016-17 year, the Board finalised several reports, advice and\nsubmissions, as set out below.\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- The actual expenditure for this\nconsultant, consultancies completed in 2016-17 and for payments made to\nservice providers in 2016-17, was $20, 860 (GST exclusive).\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- Completed references, 2019-20\nFringe benefits tax compliance cost review Review of the tax implications of granny flat\narrangements\nRosheen Garnon (Chair) Craig Yaxley (Chair)\nNeville Mitchell Neville Mitchell\nTony Principe Peter Quiggin PSM\nBinh Tran-Nam\nPost-implementation review of the voluntary Not-for-profit sector tax issues\ntax transparency code\nAnn-Maree Wolff (Chair) Dr Julianne Jaques (Chair)\nNeville Mitchell\nMichael Andrew AO\nKaren Payne\nBroader work of the Board\nCorporate tax residency review CGT roll-over rules review\nNeville Mitchell (Chair) Craig Yaxley (Chair)\nAnn-Maree Wolff\nAnn-Maree Wolff\nDr Julianne Jaques\nTax system improvement (Sounding Board) Regulator performance framework (MAC)\nCraig Yaxley Neville Mitchell (Chair)\nNeville Mitchell Craig Yaxley\nPeter Quiggin PSM\nWatching briefs\nAlignment of tax and accounting International developments digital tax\n Source: `annual-reports/2021.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf)`\n- In addition to the six tax measures, announced as part of the 2020-21 and 2021-22 Federal\nBudgets that reflected the Board’s work over many years, highlights from the 2020-21 reporting\nyear include:\n• The completion of the review of corporate tax residency rules;\n• The ongoing review of CGT roll-overs;\n• The commencement of the review of the dual agency administration of R&DTI program;\nand\n• Maintaining watching briefs over international developments in the taxation of the digital\neconomy and the impact of the COVID-19 pandemic on Australian small businesses.\n Source: `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)`\n- 3.5.6 Collective investment vehicles\nThe Government’s announced in the 2021-22 Budget to progress the tax and regulatory reforms\nfor corporate collective investment vehicles.\n Source: `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)`\n- Completed reviews 2020-21\nCorporate tax residency review\nNeville Mitchell (Chair)\nAnn-Maree Wolff\nDr Julianne Jaques\nOngoing reviews 2020-21\nCGT roll-over rules review\nCraig Yaxley/Ian Kellock (Chair)\nAnn-Maree Wolff\nCommenced reviews 2020-21\nReview of dual-agency administration of the R&DTI program\nNeville Mitchell (Chair)\nChris Vanderkley\nWatching briefs\nInternational developments digital tax COVID-19 impacts on Small Business\nAnn-Maree Wolff (Chair) Dr Mark Pizzacalla (Chair)\nCraig Yaxley\nDr Julianne Jaques\nRosheen Garnon\nPeter Quiggin\nTable 3: Secondments from the private sector, 2020-21\nEY – Vicky Lin, Manager, Melbourne\nPage 25\n Source: `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)`\n- During that tenure, as a Board Member and as Chair, the Board has delivered the following Reports to Government:\nReview of the Tax Treatment of Digital Assets and Transactions in Australia, 2024\nReview of CGT Rollovers, 2022\nReview of GST on low value imported goods, 2021\nR&DTI – Review of the dual agency model, 2021\nCorporate Tax Residency Review, 2020\nReview of Granny Flat Arrangements, 2020\nReforming Individual Tax Residency Rules – A Model for Modernisation, 2019\nReview of Small Business Tax Concessions, 2019\nReview of Fringe Benefits Tax Compliance Costs, 2019\nPost-implementation Review of the Voluntary Tax Transparency Code, 2019\nGreater alignment between tax and accounting systems in Australia, 2018\nReforming the Income Tax Residency Rules for Individuals, 2018.\n Source: `pages/media-releases-index__10.html (http://taxboard.gov.au/publications-and-media/media-release/chair-board-resignation)`\n- [Page 7]\nBoard of Taxation 2021–2022 Annual Report\nU CEO\nPDATE FROM THE\nThe 2021–22 reporting year was again very productive for the Board and Secretariat, with the\nkey highlights including:\n• The completion of the review of the dual agency administration of the R&DTI program;\n• The commencement and completion of the review of GST on Low Value Imported Goods;\n• The ongoing review of CGT roll-overs;\n• The announcement and commencement of the review of the Taxation of Digital Assets and\nTransactions;\n• With the easing of COVID-19 restrictions in early 2022, the Board re-connected with\nstakeholders through in-person meetings and stakeholder engagements; and\n• Farewelling and welcoming Board members.\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- [Page 20]\nBoard of Taxation 2021–2022 Annual Report\n2.4 Completed projects\n2.4.1 Review of the Dual-Agency Administration model for the\nResearch & Development Tax Incentive (R&DTI) Program\nOn 11 May 2021, the former Government announced the Board would undertake a review of\nthe dual-agency administration model for the R&DTI program.\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- Completed reviews 2021–22\nReview of dual-agency administration of the R&DTI program\nNeville Mitchell (Chair)\nChris Vanderkley\nReview of GST on low value imported goods\nDr Julianne Jaques KC (Chair)\nTanya Titman\nAndrea Liang\nOngoing reviews 2021–22\nCGT roll-over rules review\nIan Kellock (Chair)\nAnthony Klein\nCommenced reviews 2021–22\nReview of the Tax Treatment of Digital Assets and Transactions in Australia\nAnthony Klein (Chair)\nTanya Titman\nTable 3: Secondments from the private sector, 2021–22\nPwC – Christina Sahyoun (CEO) KPMG – Chris McFallan (Senior Adviser)\nPage 23\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n\n## Key Issues, Risks, and Recommendations\n\n- [Page 23]\nThe Board of Taxation 2016-17 Annual Report\n• The Board provided comments and input on a number of implementation\nand transitional issues in relation to the Government’s superannuation\nreforms, based on members’ observations and discussions with the business\ncommunity.\n• The Board provided its views and recommendations to the Treasurer and\nMinister for Revenue and Financial Services in preparation for the Budget\n2017-18.\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- Committee of the Sydney 2009 World\nDuring his nearly 30 years in the public\nMasters Games.\nservice, Dr Kennedy has held other\nUntil his appointment as Commissioner senior positions including Deputy\nof Taxation in January 2013, Mr Jordan Secretary at the Department of the\nwas a member of the Sydney Children’s Prime Minister and Cabinet; Deputy\nHospital Foundation Board, the Board Secretary at the Department of\nof the Bell Shakespeare Company, a Industry, Innovation and Science;\nmember of the Audit Risk Committee Deputy Secretary at the Department of\nof the Art Gallery of NSW and Chair of the Environment; Deputy Secretary at\nthe Committee for Sydney. the Department of Climate Change and\nEnergy Efficiency, and the Head of\nMr Jordan has been a member of the Secretariat of the Garnaut Climate\nBoard since its inception Change Review – Update 2011.\nin September 2000.\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- [Page 39]\nThe Board of Taxation 2016-17 Annual Report\n7 APPENDIX D: PUBLISHED BOARD REPORTS\nTable 5: Published Board reports\nYear Title of Report\n2016 Application of hybrid mismatch rules to regulatory capital\n2016 Implementation of the OECD hybrid mismatch rules\n2016 A tax transparency code\nReview of the debt and equity tax rules – The related scheme and equity\n2015\noverride integrity provisions (accelerated report)\nReview of the debt and equity tax rules – The related scheme and equity\n2015\noverride integrity provisions (final report)\n2014 Review of Tax Impediments Facing Small Business\n2014 Review of the Thin Capitalisation Arm’s Length Debt Test\nPost-Implementation Review of Division 7A of Part III of the Income Tax\n2014\nAssessment Act 1936\n2013 Post-Implementation Review into Certain Aspects of the Consolidation Regime\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- His background of Taxation in January 2013, Mr Jordan\nincludes a Graduate Diploma of Law was a member of the Sydney Children’s\n(Taxation) from Monash University and Hospital Foundation Board, the Board of\na Bachelor of Business (Accounting, Law the Bell Shakespeare Company, a\nand IT) from Federation University. member of the Audit Risk Committee of\nthe Art Gallery of NSW and Chair of the\nMr Vanderkley was appointed as a Committee for Sydney.\npart-time member for a 3 year period\nfrom 26 March 2020.\n Source: `annual-reports/2021.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf)`\n- [Page 22]\nBoard of Taxation 2020-2021 Annual Report\n3 A 2020-21\nCTIVITIES OF THE BOARD IN\n3.1 Overview\nDuring the 2020-21 reporting year, the Board provided advice to the Government on a range of\nissues in relation to the taxation system through a variety of processes, including:\n• Formal reports to government with Board recommendations;\n• Letters to the Treasurer, the Minister for Housing and Assistant Treasurer, Treasury and\nthe ATO providing insights into the operation of the tax system including emerging issues\nidentified by the Board members through consultation with stakeholders;\n• Providing real-time intelligence to the Treasury and ATO, particularly in relation to the\nimpacts of the COVID-19 pandemic on the Australian businesses;\n• Meetings with Ministers to provide real time policy advice;\n• Providing oversight of the Commissioner’s remedial powers; and\n Source: `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)`\n- [Page 18]\nBoard of Taxation 2021–2022 Annual Report\n2 A B 2021–22\nCTIVITIES OF THE OARD IN\n2.1 Overview\nDuring the 2021–22 reporting year, the Board provided advice to the Government on a range of\nissues in relation to the taxation system, in a variety of forms, including:\n• Formal reports to the Government with Board recommendations;\n• Advice to the Government, the Treasury and the ATO, on a range of taxation policy matters;\n• Meetings with Ministers to provide real time policy advice; and\n• Acting as a trusted adviser on various ad-hoc matters to the Government, the Treasury and\nthe ATO.\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- [Page 20]\nAnnual Report 2022–23\nActivities of the Board in 2022–23\nOverview\nDuring the 2022–23 reporting year, the Board provided advice to the Government on a range of issues in\nrelation to the taxation system, in a variety of forms, including:\n• formal reporting to the Government with Board recommendations\n• advice to the Government, the Treasury and the ATO, on a range of taxation policy matters\n• meetings with ministers to provide real time policy advice\n• acting as a trusted adviser on various ad-hoc matters to the Government, the Treasury and the ATO.\n Source: `other-pdfs/2022-23-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2024-03/2022-23-bot-ar.pdf)`\n- 3.5.1 Corporate tax residency rules\nThe Government announced in the 2020-21 Federal Budget on 6 October 2020 that it will adopt\nthe Board’s key recommendation set out in the Board’s report in relation to the review of the\ncorporate tax residency rules.\n Source: `annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)`\n- Key activities of the Board in 2016-17 included:\nFinalised Reports, Advice and Submissions\n• Report on the implementation of anti-hybrid rules to regulatory capital\n• Report on introducing an asset merger roll-over relief\n• Report on targeted trust simplification\n• Advice on the Mandatory Disclosure Rules\n‘Real-time’ policy advice\n• Review of international experience and best practice in managing shadow\neconomy tax collection risks – this self-initiated review led to the\nestablishment of the Black Economy Taskforce by Government\n• Input on the Government’s Superannuation reforms\n• Input on consultation on stapled structures\n• Input on the review of Tax and Corporate Whistleblower Protections in\nAustralia\n• Collaborating with the AASB to develop draft guidance on calculation of a\nbusiness’s effective tax rate\n• Submission of tax ideas for consideration as part of the 2016-17 Budget\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- Table 4: External events attended by Board members\nOrganisations Events\nSydney University Digital tax presentation\nFinancial Services Accountants\nFSAA conference\nAssociation (FSAA)\nPwC Quarterly Tax Briefing\nTax Institute October summit on tax reform\nTax Summit – the role of tax governance in the world of ATO\nTax Institute\nJustified Trust engagements\nAccountants Daily Keynote address\nTax risk management and governance – tax controls over\nPwC/ATO\nthird party data\nTreasury International Women’s Day 2022\nTop 1000 Reviews, Tax Governance & where to next for\nATO\nJustified Trust\nATO Tax oversight committee of Indonesia presentation\nCorporate Tax Association (CTA) CTA 2022 National Heads of Tax meeting\nPage 24\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- [pages 22,23,24,25,26]\nfairs of businesses operating in Australia provides benefits to both\nbusinesses and the wider community.\n• Through transparent taxation reporting, a business is able to demonstrate good governance on tax\nmatters, engagement at the Board / senior management level on tax governance and a commitment to\nresponsible tax practices.\n• Increased tax transparency can help protect a business’ ‘social licence to operate’ and lower\nreputational risk.\n• Publishing additional tax information can make a business more attractive to investors by highlighting\ngood governance, a lower tax risk profile and/or providing additional information with which to make\ninvestment decisions.\n Source: `other-pdfs/2022-23-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2024-03/2022-23-bot-ar.pdf)`\n- [Page 14]\nThe Board of Taxation 2016-17 Annual Report\n• Review on taxation and the sharing economy\n• Study on differences in core definitions and concepts between state,\nterritory and federal tax laws\n• Review on improving residency tests\n• Post implementation review of contingent consideration rules\nOther ongoing work\n• Monitoring uptake of and promoting the ‘Voluntary Tax Transparency\nCode’\n• Analysing the ideas generated by the sounding board platform and making\nrecommendations for tax system improvement including ideas for inclusion\nin regular Regulatory Reform Bills1\n• Performing the Ministerial Advisory Council (MAC) advisory role\n• Reporting role in relation to the ATO as part of the Government’s Regulator\nPerformance Framework\n• Overseeing role in relation to the exercise of the Commissioner’s remedial\npower\n2.2 Completed projects\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- [Page 42]\nThe Board of Taxation 2016-17 Annual Report\nName of Organisation: Name of the Event:\nMinerals Council of Australia Queensland Tax Forum\nMinerals Council of Australia Western Australian Tax Forum\nMinerals Council of Australia Biennial Tax Conference 2017\nProperty Council of Australia CFO Roundtable\nPodcasts (Board of Taxation activities, small business tax\nTax and Super Australia\nissues and small business restructure rollover relief)\nTax Institute of Australia 49th WA State Convention\nTax Institute of Australia 2016 Qld Tax Forum\nTax Institute of Australia 2016 National Resources Tax Conference\nTax Institute of Australia Victorian 4th Annual Tax Forum\nTax Institute of Australia 2016 National Resources Tax Conference\nTax Institute of Australia Financial Services Conference\nTax Institute of Australia 32nd National Convention (x2)\nTax Institute of Australia Women in Tax lunch 2017\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- [Page 20]\nThe Board of Taxation 2018 — 2019 Annual Report\n2.5 Stakeholder Consultation\n2.5.1 General\nThe Board undertakes a program of regular consultation with external stakeholders, including\nmembers of its Advisory Panel, on issues falling within its Charter.\n Source: `annual-reports/2020.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Final-18-19-Annual-Report.pdf)`\n\n## Corporate Values and Operating Culture\n\n- Table 3: Board meetings and stakeholder events, 2024–25\nDate Location Board Meeting Stakeholder event\nATO Yes Private Wealth\n26 July 2024\nFranklin Street, Adelaide, SA\nTreasury, No Academics\n14 August 2024\nKent Street, Sydney, NSW\nHost venue: Stakeholder event No Indigenous Businesses\n5 September 2025\n5 September 2024 Noongar Chamber of Commerce and\nIndustry (NCCI)\nSt Georges Terrace, Perth, WA\nHost venue: Board meeting Yes Oil & Gas Industry\n6 September 2025\n6 September 2024 Chartered Accountant Australia and\nNew Zealand (CA ANZ)\nMill Street, Perth, WA\nATO Yes Digital Service\n25 October 2024\nElizabeth Street, Brisbane QLD Providers\nTreasury Yes No stakeholder event\n6 December 2024\nCollins Street, Melbourne, VIC held\nTreasury Yes Professional\n7 February 2025\nCollins Street, Melbourne, VIC Associations\nTreasury Yes No stakeholder event\n1-2 May 2025\nLangton Crescent, Parkes, ACT held\n Source: `other-pdfs/2024-25-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-10/2024-25-bot-ar.pdf)`\n- Committee of the Sydney 2009 World\nDuring his nearly 30 years in the public\nMasters Games.\nservice, Dr Kennedy has held other\nUntil his appointment as Commissioner senior positions including Deputy\nof Taxation in January 2013, Mr Jordan Secretary at the Department of the\nwas a member of the Sydney Children’s Prime Minister and Cabinet; Deputy\nHospital Foundation Board, the Board Secretary at the Department of\nof the Bell Shakespeare Company, a Industry, Innovation and Science;\nmember of the Audit Risk Committee Deputy Secretary at the Department of\nof the Art Gallery of NSW and Chair of the Environment; Deputy Secretary at\nthe Committee for Sydney. the Department of Climate Change and\nEnergy Efficiency, and the Head of\nMr Jordan has been a member of the Secretariat of the Garnaut Climate\nBoard since its inception Change Review – Update 2011.\nin September 2000.\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- [Page 36]\nBoard of Taxation 2021–2022 Annual Report\nLVIG Low Value Imported Goods\nNFPs Not-for-profit organisations\nOECD Organisation for Economic Co-operation and Development\nOPC Office of Parliamentary Counsel\nPwC PricewaterhouseCoopers\nPSM Public Service Medal\nR&D Research and Development\nR&DTI Research and Development Tax Incentive\nSME Small and Medium Enterprises\nVAT Value-Added Tax\nPage 32\n Source: `other-pdfs/2021-22-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf)`\n- [Page 10]\nActivities of the Board\nTable 1: Board of Taxation meetings, 2003-04\nDate Location\n18 July 2003 Sydney\n17 September 2003 Sydney\n7 October 2003 Sydney\n19 November 2003 Sydney\n17 December 2003 Canberra\n5 February 2004 Canberra\n4 March 2004 Sydney\n8 April 2004 Canberra\n14 May 2004 Sydney\n9 June 2004 Canberra\nAdvisory Panel\nOn 9 July 2002, the Board Chairman announced that the Board had established a\nhigh-level Advisory Panel to assist it in the general performance of its role, including its\nkey functions of advising the Treasurer on the quality and effectiveness of tax legislation\nand on improvements to the integrity and functioning of the tax system.\n Source: `annual-reports/2003-04.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf)`\n- The\nbalance of $56,355 comprises payments to non-Government members of the Board (the total figure of\n$53,774 shown in Table 8 ‘Fees paid to non-Government Board members, 2003-04’ plus $2,498 in\nsuperannuation payments in respect of non-Government members who receive daily fees rather than\nhaving them paid to their employing organisations, and $83 in meal allowances).\n(b) For 2003-04, includes travel costs of $10,330 for consultants to the Board.\n Source: `annual-reports/2003-04.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf)`\n- [Page 39]\nThe Board of Taxation 2016-17 Annual Report\n7 APPENDIX D: PUBLISHED BOARD REPORTS\nTable 5: Published Board reports\nYear Title of Report\n2016 Application of hybrid mismatch rules to regulatory capital\n2016 Implementation of the OECD hybrid mismatch rules\n2016 A tax transparency code\nReview of the debt and equity tax rules – The related scheme and equity\n2015\noverride integrity provisions (accelerated report)\nReview of the debt and equity tax rules – The related scheme and equity\n2015\noverride integrity provisions (final report)\n2014 Review of Tax Impediments Facing Small Business\n2014 Review of the Thin Capitalisation Arm’s Length Debt Test\nPost-Implementation Review of Division 7A of Part III of the Income Tax\n2014\nAssessment Act 1936\n2013 Post-Implementation Review into Certain Aspects of the Consolidation Regime\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- [Page 40]\nThe Board of Taxation 2016-17 Annual Report\nYear Title of Report\nReview of the Legal Framework for the Administration of the Goods and\n2008\nServices Tax\n2008 Review of the Foreign Source Income Anti-Tax Deferral Regimes\n2008 Application of Consistent Self-Assessment Principles\n2008 Review of the Taxation Treatment of Off-Market Share Buybacks\n2007 Scoping study of Small Business Tax Compliance Costs\n2007 Improving Australia’s Tax Consultation System\nIdentification and possible repeal of inoperative provisions of the 1936 and 1997\n2005\nIncome Tax Assessment Acts\nA Post-implementation Review of the Quality and Effectiveness of the Small\n2005 Business Capital Gains Tax Concessions in Division 152 of the Income Tax\nAssessment Act 1997\nPost Implementation review of the Quality and Effectiveness of the Non-\n2004\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n- During 2016-17, the Board engaged one consultant for an amount over $10,000,\nfor a total value of $15,554 (GST inclusive).\n Source: `annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)`\n\n## Global Ideas and Case Study Inputs\n\n_No global-intelligence source text found yet. Run `CLAUDE/global-ideas-scraper.py ` to populate case-study sources._\n\n## Source Artifacts Used\n\n- `annual-reports/2003-04.pdf` - annual-reports - http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf\n- `annual-reports/2016-17.pdf` - annual-reports - http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf\n- `annual-reports/2020.pdf` - annual-reports - http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Final-18-19-Annual-Report.pdf\n- `annual-reports/2021.pdf` - annual-reports - http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf\n- `annual-reports/2022.pdf` - annual-reports - http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf\n- `reviews/statutory-review-thin-cap-cg.pdf` - reviews - http://taxboard.gov.au/sites/taxboard.gov.au/files/2026-03/statutory-review-thin-cap-cg.pdf\n- `pages/about.html` - pages - http://taxboard.gov.au/about\n- `pages/annual-reports-index.html` - pages - http://taxboard.gov.au/publications-and-media/publications\n- `pages/annual-reports-index__00.html` - pages - http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf\n- `pages/annual-reports-index__01.html` - pages - http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.docx\n- `pages/annual-reports-index__02.html` - pages - http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf\n- `pages/annual-reports-index__03.html` - pages - http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.rtf\n- `pages/contact.html` - pages - http://taxboard.gov.au/contact-us\n- `pages/homepage.html` - pages - http://taxboard.gov.au/\n- `pages/media-releases-index.html` - pages - http://taxboard.gov.au/publications-and-media/media-release\n- `pages/media-releases-index__08.html` - pages - https://taxboard.gov.au/publications-and-media/media-release\n- `pages/media-releases-index__09.html` - pages - http://taxboard.gov.au/publications-and-media/media-release\n- `pages/media-releases-index__10.html` - pages - http://taxboard.gov.au/publications-and-media/media-release/chair-board-resignation\n- `pages/media-releases-index__11.html` - pages - http://taxboard.gov.au/publications-and-media/media-release/board-taxation-explained\n- `pages/ministers.html` - pages - https://ministers.treasury.gov.au/\n- `pages/publications-index.html` - pages - http://taxboard.gov.au/publications-and-media\n- `pages/reforms-index.html` - pages - http://taxboard.gov.au/current-activities/regulatory-reform\n- `pages/reforms-index__06.html` - pages - https://taxboard.gov.au/current-activities/regulatory-reform\n- `pages/reforms-index__07.html` - pages - http://taxboard.gov.au/current-activities/regulatory-reform\n- `pages/reviews-index.html` - pages - http://taxboard.gov.au/review/thin-capitalisation-reforms\n- `pages/reviews-index__04.html` - pages - http://taxboard.gov.au/sites/taxboard.gov.au/files/2026-03/statutory-review-thin-cap-cg.pdf\n- `pages/reviews-index__05.html` - pages - http://taxboard.gov.au/sites/taxboard.gov.au/files/2026-03/statutory-review-thin-cap-cg.docx\n- `other-pdfs/Outcome_of_Legacy_Ideas.pdf` - other-pdfs - http://taxboard.gov.au/sites/taxboard.gov.au/files/migrated/Outcome_of_Legacy_Ideas.pdf\n- `other-pdfs/2021-22-bot-ar.pdf` - other-pdfs - http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf\n- `other-pdfs/2022-23-bot-ar.pdf` - other-pdfs - http://taxboard.gov.au/sites/taxboard.gov.au/files/2024-03/2022-23-bot-ar.pdf\n- `other-pdfs/2023-24-bot-ar.pdf` - other-pdfs - http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-09/2023-24-bot-ar.pdf\n- `other-pdfs/2024-25-bot-ar.pdf` - other-pdfs - http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-10/2024-25-bot-ar.pdf\n\n## Gaps To Fix\n\n- No corporate plan text source found.\n- No global comparison/case-study sources found.", "legislation_md": "# Board of Taxation - Acts and Legislation Discovery\n\n**Generated at**: 2026-05-09T21:20:46.190716+00:00\n**Entity ID**: B-003116\n**Jurisdiction**: Commonwealth\n**Portfolio**: Treasury\n\n> This is an evidence-based discovery list from scraped department material. A mention does not always mean the department administers the legislation; high-confidence and official register links should be reviewed.\n\n## Summary\n\n- Source files scanned: 32\n- Unique legislation references found: 7\n\n| Type | Count |\n|---|---:|\n| Act | 6 |\n| Scheme | 1 |\n\n## Legislation References\n\n### Income Tax Assessment Act 1997\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 8\n**Register search**: https://www.legislation.gov.au/search?query=Income+Tax+Assessment+Act+1997\n\n**Sources**:\n- `pages/annual-reports-index__03.html`\n- `annual-reports/2003-04.pages.jsonl`\n- `annual-reports/2016-17.pages.jsonl`\n\n**Evidence contexts**:\n- arrsid5009453 the quality and effectiveness of the non}{\\insrsid14703734 \\_}{\\insrsid10298990\\charrsid5009453 commercial loss}{\\insrsid8847562 es}{\n\n\\insrsid10298990\\charrsid5009453 measure contained in Division\\~35 of the }{\\i\\insrsid10298990\\charrsid5009453 Income Tax Assessment Act 1997}{\\insrsid10298990\\charrsid5009453 . }{\\insrsid16400763\\charrsid5009453 T}{\\insrsid15805636\\charrsid5009453 \n\nhe Board established a Working Group}{\\insrsid13136504\\charrsid5009453 comprising Mr}{\\insrsid15818033 \\~Brett\\~}{\\insrsid13136504\\charrsid5009453 Hea\n Source: `pages/annual-reports-index__03.html`\n- 8791\\charrsid3409293 Post}{\\insrsid14703734 \\_}{\\insrsid13138791\\charrsid3409293 implementation review of the non}{\\insrsid14703734 \\_}{\\insrsid13138791\\charrsid3409293 commercial losses provisions in Division\\~35 of the }{\n\n\\i\\insrsid13138791\\charrsid3409293 Income Tax Assessment Act 1997}{\\i\\insrsid1130232 : }{\\insrsid13138791\\charrsid3409293 conduct an evaluation of the compliance and administration costs of the provisions.\\cell }\\pard \n\n\\s31\\qr \\li0\\ri0\\sb60\\sa60\\widctlpar\\intbl\\aspalpha\\aspnum\\faauto\\adjustright\\rin0\\lin0\\pararsid7552442 {\n Source: `pages/annual-reports-index__03.html`\n- 93 BDO Kendalls\\cell Post}{\\insrsid14703734 \\_}{\\insrsid13138791\\charrsid3409293 implementation review of the non}{\\insrsid14703734 \\_}{\n\n\\insrsid13138791\\charrsid3409293 commercial losses provisions in Division\\~35 of the }{\\i\\insrsid13138791\\charrsid3409293 Income Tax Assessment Act 1997}{\\i\\insrsid1130232 : }{\\insrsid13138791\\charrsid3409293 \n\nconduct an evaluation of the quality and effectiveness of the provisions.\\cell }\\pard \\s31\\qr \\li0\\ri0\\sb60\\sa60\\widctlpar\\intbl\\aspalpha\\aspnum\\faauto\\adjustright\\rin0\\lin0\\pararsid7552442 {\\insrsid13\n Source: `pages/annual-reports-index__03.html`\n- ntation review of the quality and\neffectiveness of the non-commercial losses legislation\nIn 2003-04 the Board conducted its first post-implementation review, on the quality and\neffectiveness of the non-commercial losses measure contained in Division 35 of the Income\nTax Assessment Act 1997. The Board established a Working Group comprising\nMr Brett Heading (Chairman), Mr John Bronger and Mr Tony D’Aloisio to oversee this\nreview.\nIn undertaking the review the Board focused on the extent to which the legislation:\n• gives effect to the Government’s\n Source: `annual-reports/2003-04.pages.jsonl`\n- s, and report editing.\nPage 25\n\n[page 32]\nAppendix E: Consultancies\n1\nConsultant Project Engaged Reason Procurement\nCost ($) Method 2\nUnisearch Ltd Post-implementation review of 37,600 (c), (e) Select\nthe non-commercial losses\nprovisions in Division 35 of the\nIncome Tax Assessment Act\n1997: conduct an evaluation of\nthe compliance and\nadministration costs of the\nprovisions.\nBDO Kendalls Post-implementation review of 30,800 (c), (e) Select\nthe non-commercial losses\nprovisions in Division 35 of the\nIncome Tax Assessment Act\n1997: conduct an evalua\n Source: `annual-reports/2003-04.pages.jsonl`\n\n### Integrity and Transparency) Act 2024\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 3\n**Register search**: https://www.legislation.gov.au/search?query=Integrity+and+Transparency%29+Act+2024\n\n**Sources**:\n- `pages/reviews-index.html`\n- `reviews/statutory-review-thin-cap-cg.pages.jsonl`\n\n**Evidence contexts**:\n- reforms\nThe Government has asked the Board of Taxation to independently review the recent changes to Australia’s thin capitalisation rules. These changes were introduced in Schedule 2 of the\nTreasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity and Transparency) Act 2024\n.\nBackground\nSection 4 of the Act requires this review. The Board will assess whether the changes are operating as intended.\nTerms of Reference\nIn conducting the review, the Board will assess whether the amendments are operating in a manner consistent with th\n Source: `pages/reviews-index.html`\n- page 4]\nOFFICIAL\nConsultation Guide\nStatutory review of Australia’s\nthin capitalisation reforms\nRecent amendments to Australia’s thin capitalisation rules were introduced in Schedule 2 of\nthe Treasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity and\nTransparency) Act 2024 (Amending Act).\nIn accordance with Section 4 of the Amending Act, the Government has requested the Board to\nundertake an independent review of the operation of the amendments to the thin capitalisation\nrules.\nBackground\nAs part of the 2022-23 Budget, the Gove\n Source: `reviews/statutory-review-thin-cap-cg.pages.jsonl`\n- on Guide\nAppendix A\nTerms of Reference\nThe Board of Taxation (Board) is requested to examine the operation of the amendments to Australia’s thin\ncapitalisation rules made by Schedule 2 to the Treasury Laws Amendment (Making Multinationals Pay Their\nFair Share—Integrity and Transparency) Act 2024. This review is a statutory requirement contained in\nsection 4 of that Act.\nIn conducting the review, the Board will assess whether the amendments are operating in a manner\nconsistent with the policy intent, which was to strengthen Australia’s thin capitalisa\n Source: `reviews/statutory-review-thin-cap-cg.pages.jsonl`\n\n### Elements of the Taxation of Employee Share Scheme 2010\n\n**Type**: Scheme\n**Confidence**: medium\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Elements+of+the+Taxation+of+Employee+Share+Scheme+2010\n\n**Sources**:\n- `annual-reports/2016-17.pages.jsonl`\n\n**Evidence contexts**:\n- naged funds\nReview of taxation arrangements under the Venture Capital Limited Partnership\n2011\nregime\n2011 Post Implementation review of the Tax Design Review Panel Recommendations\n2010 Review of the Application of GST to Cross-Border Transactions\nReview into Elements of the Taxation of Employee Share Scheme\n2010\nArrangements\n2010 Review of the Tax Issues Entry System\nPost-Implementation Review into the Alienation of Personal Services Income\n2009\nRules\n2009 Review of the Tax Arrangements Applying to Managed Investment Trusts\nPage 29\n\n[page 40]\nThe Board of Taxation 20\n Source: `annual-reports/2016-17.pages.jsonl`\n\n### Idea No Referred to Treasury for Customs Act 1901\n\n**Type**: Act\n**Confidence**: medium\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Idea+No+Referred+to+Treasury+for+Customs+Act+1901\n\n**Sources**:\n- `other-pdfs/Outcome_of_Legacy_Ideas.pages.jsonl`\n\n**Evidence contexts**:\n- T2\npolicy reform proposals regarding PRRT compliance cost burdens via its new Sounding\nBoard platform.\n18\n\n[page 19]\nOther Taxes Ideas\nStatus Description Reason\nRemove maturation requirement for imports of brandy, whisky and rum applied by section 105A of the\nIdea No Referred to Treasury for Customs Act 1901. Provision applies unnecessary administrative burden on importers and the Department of Potential for reduction in regulatory burden for affected taxpayers. Referred to\nOTI1\nimplementation Immigration and Border Protection, whilst the broad definition of bran\n Source: `other-pdfs/Outcome_of_Legacy_Ideas.pages.jsonl`\n\n### Extension of Charitable Purpose Act 2004\n\n**Type**: Act\n**Confidence**: low\n**Mentions**: 2\n**Register search**: https://www.legislation.gov.au/search?query=Extension+of+Charitable+Purpose+Act+2004\n\n**Sources**:\n- `pages/annual-reports-index__03.html`\n- `annual-reports/2003-04.pages.jsonl`\n\n**Evidence contexts**:\n- natory membership, and closed or c\n\nontemplative religious orders that offer prayerful intervention to the public.}{\\insrsid3872016\\charrsid5009453 }{\\insrsid1072426\\charrsid5009453 T}{\\insrsid13138791\\charrsid5009453 he }{\\i\\insrsid13138791\\charrsid5009453 \n\nExtension of Charitable Purpose Act 2004}{\\insrsid13138791\\charrsid5009453 commenced on 1\\~July 2004.\n\n\\par }\\pard\\plain \\s2\\ql \\li0\\ri1134\\sa240\\keepn\\widctlpar{\\*\\pn \\pnlvlcont\\ilvl0\\ls0\\pnrnot0\\pndec }\\aspalpha\\aspnum\\faauto\\outlinelevel1\\adjustright\\rin1134\\lin0\\itap0\\pararsid13115385 \n\n\\b\\f37\\f\n Source: `pages/annual-reports-index__03.html`\n- ension to the common law\nmeaning of a charity to include non-profit child care available to the public, self-help\ngroups with open and non-discriminatory membership, and closed or contemplative\nreligious orders that offer prayerful intervention to the public. The Extension of Charitable\nPurpose Act 2004 commenced on 1 July 2004.\n1 Treasurer’s Press Release No. 31 of 11 May 2004: ‘Final Response to the Charities Definition Inquiry’.\nPage 5\n\n[page 12]\nActivities of the Board\nPost-implementation review of the quality and\neffectiveness of the non-commercial loss\n Source: `annual-reports/2003-04.pages.jsonl`\n\n### Remuneration Tribunal Act 1973\n\n**Type**: Act\n**Confidence**: low\n**Mentions**: 2\n**Register search**: https://www.legislation.gov.au/search?query=Remuneration+Tribunal+Act+1973\n\n**Sources**:\n- `annual-reports/2016-17.pages.jsonl`\n- `annual-reports/2020.pages.jsonl`\n\n**Evidence contexts**:\n- 2,496\nPage 37\n\n[page 48]\nThe Board of Taxation 2016-17 Annual Report\nTable 10: Remuneration paid to non-government Board members,\n2016-17\nBoard Members 2016-17 $\nTotal $505,268\nBoard members are remunerated in accordance with subsections 7(3) and 7(4)\nof the Remuneration Tribunal Act 1973. During 2016-17, remuneration\ndetermination 2015/20 and remuneration determination 2016/18 applied.\nPage 38\n Source: `annual-reports/2016-17.pages.jsonl`\n- 4,103 881,797\nTotal expenses 2,310,426 2,407,633\nOperating surplus - -\nTable 9: Remuneration paid to non-government Board members,\n2018-19\nBoard Members 2018-19 $\nTotal $512,765\nBoard members are remunerated in accordance with subsections 7(3) and 7(4) of the\nRemuneration Tribunal Act 1973. During 2018-19, two remuneration determinations applied,\ndated 25 June 2018 and 21 December 2018.\nPage 39\n Source: `annual-reports/2020.pages.jsonl`\n\n### C)(1) of the Fringe Benefits Tax Assessment Act 1986\n\n**Type**: Act\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=C%29%281%29+of+the+Fringe+Benefits+Tax+Assessment+Act+1986\n\n**Sources**:\n- `other-pdfs/Outcome_of_Legacy_Ideas.pages.jsonl`\n\n**Evidence contexts**:\n- ion of temporary accommodation to expatriates inbound from overseas has become fully subject to FBT\nPossible future\nfrom 1 Oct 2012. Recommend this become eligible for a reduction in taxable value effectively to nil under section\nFBT20 consideration by the\n61(C)(1) of the Fringe Benefits Tax Assessment Act 1986 akin to accommodation provided to Australian based\nBoard\nemployee relocating for work. Will reduce unnecessary complexity.\nPossible future Increase minor benefit threshold to $1,000.00 but retain the irregularity and infrequency provisions (Long Service\nFBT21\n Source: `other-pdfs/Outcome_of_Legacy_Ideas.pages.jsonl`\n\n## Files Scanned\n\n- `pages/about.html` (page)\n- `pages/annual-reports-index.html` (page)\n- `pages/annual-reports-index__00.html` (page)\n- `pages/annual-reports-index__01.html` (page)\n- `pages/annual-reports-index__02.html` (page)\n- `pages/annual-reports-index__03.html` (page)\n- `pages/contact.html` (page)\n- `pages/homepage.html` (page)\n- `pages/media-releases-index.html` (page)\n- `pages/media-releases-index__08.html` (page)\n- `pages/media-releases-index__09.html` (page)\n- `pages/media-releases-index__10.html` (page)\n- `pages/media-releases-index__11.html` (page)\n- `pages/ministers.html` (page)\n- `pages/publications-index.html` (page)\n- `pages/reforms-index.html` (page)\n- `pages/reforms-index__06.html` (page)\n- `pages/reforms-index__07.html` (page)\n- `pages/reviews-index.html` (page)\n- `pages/reviews-index__04.html` (page)\n- `pages/reviews-index__05.html` (page)\n- `annual-reports/2003-04.pages.jsonl` (pdf_pages)\n- `annual-reports/2016-17.pages.jsonl` (pdf_pages)\n- `annual-reports/2020.pages.jsonl` (pdf_pages)\n- `annual-reports/2021.pages.jsonl` (pdf_pages)\n- `annual-reports/2022.pages.jsonl` (pdf_pages)\n- `other-pdfs/2021-22-bot-ar.pages.jsonl` (pdf_pages)\n- `other-pdfs/2022-23-bot-ar.pages.jsonl` (pdf_pages)\n- `other-pdfs/2023-24-bot-ar.pages.jsonl` (pdf_pages)\n- `other-pdfs/2024-25-bot-ar.pages.jsonl` (pdf_pages)\n- `other-pdfs/Outcome_of_Legacy_Ideas.pages.jsonl` (pdf_pages)\n- `reviews/statutory-review-thin-cap-cg.pages.jsonl` (pdf_pages)", "global_initiatives_md": null, "strategy": { "reporting_period": "2024-25", "corporate_plan_period": "2025-26", "vision": null, "vision_source_page": null, "purposes": "The Board provides an independent source of advice to government, from a business and broader community perspective, on taxation matters. In doing so the Board provides advice to the Treasurer and Minister for Housing and Assistant Treasurer on: the quality and effectiveness of tax legislation and the processes for its development, including the processes around community consultation and other aspects of tax design; improvements to the general integrity and functioning of the taxation system; research and other studies commissioned by the Board on topics approved or referred by the Treasurer; and other taxation matters referred to the Board by the Treasurer and/or Minister for Housing and Assistance Treasurer. [CP p.4]", "purposes_source_page": 4, "how_we_deliver": "The Board will provide advice to the Treasurer on: the quality and effectiveness of tax legislation and the processes for its development, including the processes of community consultation and other aspects of tax design; improvements to the general integrity and functioning of the taxation system; research and other studies commissioned by the Board on topics approved or referred by the Treasurer; and other taxation matters referred to the Board by the Treasurer and/or Minister for Housing and Assistance Treasurer. [CP p.4]", "how_we_deliver_source_page": 4, "government_priorities": [ { "text": "Economic recovery in a post-COVID-19 world", "source_page": 21 }, { "text": "Drive growth, increase productivity, and reduce red tape", "source_page": 21 }, { "text": "Review of GST on Low Value Imported Goods (LVIG)", "source_page": 21 } ], "outcomes": [ { "name": "Outcome 1: Improved tax system design", "description": "The Board’s mission is to contribute a business and broader community perspective to improving the design of taxation laws and their operation.", "key_activities": [ "Providing advice to government on tax legislation", "Conducting in-depth reviews of various aspects of the tax system" ], "source_page": 4 }, { "name": "Outcome 2: Enhanced tax system integrity", "description": "The Board aims to improve the general integrity and functioning of the taxation system.", "key_activities": [ "Identifying potential targets for regulatory reform", "Providing feedback on the progress of regulatory reform" ], "source_page": 21 } ], "values": [ "Business perspective", "Community perspective", "Taxation integrity" ], "values_framework_name": null, "kpi_targets_2025_26": [ { "code": "CCE01", "measure": "Review of GST on Low Value Imported Goods (LVIG)", "target": "Assess the effectiveness of the LVIG regime", "source_page": 21 } ], "kpi_results_2024_25": [ { "code": "CCE01", "measure": "Review of Corporate Tax Residency Rules", "result": "Report released on 6 October 2020", "status": "Achieved", "source_page": 13 }, { "code": "CCE02", "measure": "Review of CGT Roll-overs", "result": "Consultation guide published in February 2020", "status": "Achieved", "source_page": 14 } ], "_source_urls": { "annual_report_url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf", "corporate_plan_url": "" } }, "ideas": [ { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Citizen Participation", "scale": "small", "title": "Consultation feedback summaries with response tracking", "idea": "Summarise consultation submissions by theme and publish what changed in response.", "quote": "In 2020-2021 the Board’s broad range of engagements – including Board meetings, consultation\nsessions and broader stakeholder engagements - were predominately held virtually due to travel\nrestrictions in place as a result of COVID-19.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Citizens / stakeholders / policy teams", "source": "annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Citizen Participation", "scale": "large", "title": "Always-on policy participation platform", "idea": "Create a standing participation platform where citizens and stakeholders can propose, vote, and track ideas.", "quote": "In 2020-2021 the Board’s broad range of engagements – including Board meetings, consultation\nsessions and broader stakeholder engagements - were predominately held virtually due to travel\nrestrictions in place as a result of COVID-19.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Citizens / stakeholders / policy teams", "source": "annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Regulation & Policy", "scale": "small", "title": "Regulatory burden scan for forms, guidance, and reporting", "idea": "Identify the top 10 highest-friction reporting obligations and simplify guidance, forms, or evidence requirements.", "quote": "[Page 14]\nThe Board of Taxation 2016-17 Annual Report\n• Review on taxation and the sharing economy\n• Study on differences in core definitions and concepts between state,\nterritory and federal tax laws\n• Review on improving residency tests\n• Post implementation review of contingent consideration rules\nOther ongoing work\n• Monitoring uptake of and promoting the ‘Voluntary Tax Transparency\nCode’\n• Analysing the ideas generated by the sounding board platform and making\nrecommendations for tax system improvement including ideas for inclusion\nin regular Regulatory Reform Bills1\n• Performing the Ministerial Advisory Council (MAC) advisory role\n• Reporting role in relation to the ATO as part of the Government’s Regulator\nPerformance Framework\n• Overseeing role in relation to the exercise of the Commissioner’s remedial\npower\n2.2 Completed projects", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Regulated entities / policy teams", "source": "annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Regulation & Policy", "scale": "large", "title": "Adaptive regulation program with live feedback loops", "idea": "Create an adaptive regulation model using sandboxes, industry data, risk scoring, and regular rule updates.", "quote": "[Page 14]\nThe Board of Taxation 2016-17 Annual Report\n• Review on taxation and the sharing economy\n• Study on differences in core definitions and concepts between state,\nterritory and federal tax laws\n• Review on improving residency tests\n• Post implementation review of contingent consideration rules\nOther ongoing work\n• Monitoring uptake of and promoting the ‘Voluntary Tax Transparency\nCode’\n• Analysing the ideas generated by the sounding board platform and making\nrecommendations for tax system improvement including ideas for inclusion\nin regular Regulatory Reform Bills1\n• Performing the Ministerial Advisory Council (MAC) advisory role\n• Reporting role in relation to the ATO as part of the Government’s Regulator\nPerformance Framework\n• Overseeing role in relation to the exercise of the Commissioner’s remedial\npower\n2.2 Completed projects", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Regulated entities / policy teams", "source": "annual-reports/2016-17.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Risk & Assurance", "scale": "small", "title": "Recommendation tracker for audits, reviews, and inquiries", "idea": "Publish a single internal tracker for audit/review recommendations, owners, due dates, and implementation evidence.", "quote": "[Page 22]\nBoard of Taxation 2020-2021 Annual Report\n3 A 2020-21\nCTIVITIES OF THE BOARD IN\n3.1 Overview\nDuring the 2020-21 reporting year, the Board provided advice to the Government on a range of\nissues in relation to the taxation system through a variety of processes, including:\n• Formal reports to government with Board recommendations;\n• Letters to the Treasurer, the Minister for Housing and Assistant Treasurer, Treasury and\nthe ATO providing insights into the operation of the tax system including emerging issues\nidentified by the Board members through consultation with stakeholders;\n• Providing real-time intelligence to the Treasury and ATO, particularly in relation to the\nimpacts of the COVID-19 pandemic on the Australian businesses;\n• Meetings with Ministers to provide real time policy advice;\n• Providing oversight of the Commissioner’s remedial powers; and", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Executives / assurance teams", "source": "annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Risk & Assurance", "scale": "large", "title": "Integrated assurance and lessons-learned system", "idea": "Create an assurance system that connects audit findings, risk registers, delivery reviews, and investment decisions.", "quote": "[Page 22]\nBoard of Taxation 2020-2021 Annual Report\n3 A 2020-21\nCTIVITIES OF THE BOARD IN\n3.1 Overview\nDuring the 2020-21 reporting year, the Board provided advice to the Government on a range of\nissues in relation to the taxation system through a variety of processes, including:\n• Formal reports to government with Board recommendations;\n• Letters to the Treasurer, the Minister for Housing and Assistant Treasurer, Treasury and\nthe ATO providing insights into the operation of the tax system including emerging issues\nidentified by the Board members through consultation with stakeholders;\n• Providing real-time intelligence to the Treasury and ATO, particularly in relation to the\nimpacts of the COVID-19 pandemic on the Australian businesses;\n• Meetings with Ministers to provide real time policy advice;\n• Providing oversight of the Commissioner’s remedial powers; and", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Executives / assurance teams", "source": "annual-reports/2022.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Staff Productivity", "scale": "small", "title": "Reusable briefing and summary assistant for internal documents", "idea": "Create controlled templates for summarising reports, submissions, minutes, and ministerial briefs.", "quote": "[Page 20]\nAnnual Report 2022–23\nActivities of the Board in 2022–23\nOverview\nDuring the 2022–23 reporting year, the Board provided advice to the Government on a range of issues in\nrelation to the taxation system, in a variety of forms, including:\n• formal reporting to the Government with Board recommendations\n• advice to the Government, the Treasury and the ATO, on a range of taxation policy matters\n• meetings with ministers to provide real time policy advice\n• acting as a trusted adviser on various ad-hoc matters to the Government, the Treasury and the ATO.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "APS staff / executives", "source": "other-pdfs/2022-23-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2024-03/2022-23-bot-ar.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Sensitive information leakage", "Inconsistent quality of generated drafts" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Staff Productivity", "scale": "large", "title": "Department-wide knowledge and briefing platform", "idea": "Build a secure knowledge platform that lets staff search, summarise, and cite approved departmental material.", "quote": "[Page 20]\nAnnual Report 2022–23\nActivities of the Board in 2022–23\nOverview\nDuring the 2022–23 reporting year, the Board provided advice to the Government on a range of issues in\nrelation to the taxation system, in a variety of forms, including:\n• formal reporting to the Government with Board recommendations\n• advice to the Government, the Treasury and the ATO, on a range of taxation policy matters\n• meetings with ministers to provide real time policy advice\n• acting as a trusted adviser on various ad-hoc matters to the Government, the Treasury and the ATO.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "APS staff / executives", "source": "other-pdfs/2022-23-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2024-03/2022-23-bot-ar.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Sensitive information leakage", "Inconsistent quality of generated drafts" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Citizen Services", "scale": "small", "title": "Plain-language service pages and proactive status updates", "idea": "Rewrite high-volume pages and letters into plain language, add status notifications, and measure contact reduction.", "quote": "[Page 21]\nAnnual Report 2023–24\nActivities of the Board in 2023–24\nCompleted reviews/projects\nReview of the Tax Treatment of Digital Assets and Transactions\nin Australia\nOn 21 March 2022, the former government released the Terms of Reference for a review of the taxation\ntreatment of digital assets (crypto assets) and transactions in Australia which were confirmed by the\ncurrent Government in August 2022.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Citizens / service users", "source": "other-pdfs/2023-24-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-09/2023-24-bot-ar.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Citizen Services", "scale": "large", "title": "Single front door for life-event based services", "idea": "Bundle services around life events so citizens can complete related steps across agencies in one journey.", "quote": "[Page 21]\nAnnual Report 2023–24\nActivities of the Board in 2023–24\nCompleted reviews/projects\nReview of the Tax Treatment of Digital Assets and Transactions\nin Australia\nOn 21 March 2022, the former government released the Terms of Reference for a review of the taxation\ntreatment of digital assets (crypto assets) and transactions in Australia which were confirmed by the\ncurrent Government in August 2022.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Citizens / service users", "source": "other-pdfs/2023-24-bot-ar.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-09/2023-24-bot-ar.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Data & Performance", "scale": "small", "title": "KPI evidence register with named owners", "idea": "Create a simple register mapping each KPI to source data, owner, frequency, target, and last result.", "quote": "IT2 Actioned by the Evidence of whether a loan meets Div 7A requirements could be drawn from the basis on which the loan is being The Board provided a report to Government on its Post-Implementation Review\nBoard repaid. of Division 7A in 2014.Refer to 2016-17 Budget measure “Ten Year Enterprise\nPlan - targeted amendments to Division 7A”.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Executives / Parliament / public", "source": "other-pdfs/Outcome_of_Legacy_Ideas.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/migrated/Outcome_of_Legacy_Ideas.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "B-003116", "entity_name": "Board of Taxation", "folder_name": "Board-of-Taxation", "category": "Data & Performance", "scale": "large", "title": "Outcome dashboard linking budget, delivery, and public impact", "idea": "Build a public-facing outcome dashboard showing spend, outputs, outcomes, and delivery confidence.", "quote": "IT2 Actioned by the Evidence of whether a loan meets Div 7A requirements could be drawn from the basis on which the loan is being The Board provided a report to Government on its Post-Implementation Review\nBoard repaid. of Division 7A in 2014.Refer to 2016-17 Budget measure “Ten Year Enterprise\nPlan - targeted amendments to Division 7A”.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Executives / Parliament / public", "source": "other-pdfs/Outcome_of_Legacy_Ideas.pdf (http://taxboard.gov.au/sites/taxboard.gov.au/files/migrated/Outcome_of_Legacy_Ideas.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] } ], "legislation_administered": [], "artifacts": [ { "category": "annual-reports", "year": "2022", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf", "file": "annual-reports/2022.pdf", "bytes": 1163386, "link_text": "pdf - 1.11 MB" }, { "category": "annual-reports", "year": "2021", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2021-08/Final-19-20-Annual-Report.pdf", "file": "annual-reports/2021.pdf", "bytes": 906370, "link_text": "pdf - 885.13 KB" }, { "category": "annual-reports", "year": "2020", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Final-18-19-Annual-Report.pdf", "file": "annual-reports/2020.pdf", "bytes": 1183443, "link_text": "pdf - 1.13 MB" }, { "category": "annual-reports", "year": "2016-17", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-01/Final_Annual_Report_2016-2017.pdf", "file": "annual-reports/2016-17.pdf", "bytes": 350221, "link_text": "pdf - 342.01 KB" }, { "category": "annual-reports", "year": "2003-04", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2020-06/Annual_Report_2003_04.pdf", "file": "annual-reports/2003-04.pdf", "bytes": 173764, "link_text": "pdf - 169.69 KB" }, { "category": "reviews", "year": "2026", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2026-03/statutory-review-thin-cap-cg.pdf", "file": "reviews/statutory-review-thin-cap-cg.pdf", "bytes": 338139, "link_text": "PDF 281 KB" }, { "category": "other-pdfs", "year": null, "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/migrated/Outcome_of_Legacy_Ideas.pdf", "file": "other-pdfs/Outcome_of_Legacy_Ideas.pdf", "bytes": 360148, "link_text": "PDF 352KB" }, { "category": "other-pdfs", "year": "2023-24", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-09/2023-24-bot-ar.pdf", "file": "other-pdfs/2023-24-bot-ar.pdf", "bytes": 959215, "link_text": "pdf - 936.73 KB" }, { "category": "other-pdfs", "year": "2024-25", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2025-10/2024-25-bot-ar.pdf", "file": "other-pdfs/2024-25-bot-ar.pdf", "bytes": 1092073, "link_text": "pdf - 1.04 MB" }, { "category": "other-pdfs", "year": "2022-23", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2024-03/2022-23-bot-ar.pdf", "file": "other-pdfs/2022-23-bot-ar.pdf", "bytes": 1199214, "link_text": "pdf - 1.14 MB" }, { "category": "other-pdfs", "year": "2021-22", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2023-01/2021-22-bot-ar.pdf", "file": "other-pdfs/2021-22-bot-ar.pdf", "bytes": 1025234, "link_text": "pdf - 1001.21 KB" } ], "_meta": { "snapshot_built_at": "2026-05-13T11:02:42+00:00", "strategy_brief_meta": { "model": "nova-micro", "folder": "Board-of-Taxation", "annual_report": { "file": "annual-reports\\2022.txt", "url": "http://taxboard.gov.au/sites/taxboard.gov.au/files/2022-04/Final-20-21-Annual-Report.pdf", "year": "2022" }, "corporate_plan": { "file": null, "url": "", "year": null 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