Atkinson, R. D., & Andes, S. M. (2011). Patent Boxes: Innovation in Tax Policy and Tax Policy for innovation. The Information Technology and Innovation Foundation.
Austrade. (2014). Export markets - countries. Retrieved 2014, from Austrade: http://www.austrade.gov.au/Export/Export-Markets/Countries
Australian Bureau of Statistics. (2013, January 21). Value of goods and services produced by Australian industry. Retrieved 2014, from Australian Bureau of Statistics: http://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/1301.0~2012~Main%20Features~Value%20of%20goods%20and%20services%20produced%20by%20Australian%20Industry~240
BEPS - Frequently Asked Questions. (2014). Retrieved 2014, from OCED: http://www.oecd.org/ctp/beps-frequentlyaskedquestions.htm
Cohen, J. A. (2005). Intangible Assets: Valuation and Economic Benefit. Wiley.
Jarboe, K. P., & Furrow, R. (2008). Intangible Asset Monetization. Athena Alliance.
Minifie, J. C. (2013). The mining boom: impacts and prospects. Grattan Institute.
OECD (2013). (2013). Action Plan on Base Erosion and Profit Shifting. OECD Publishing.
OECD. (2013). OECD publishes comments received on the Revised Discussion Draft on Transfer Pricing Aspects of Intangibles. Retrieved 2014, from OECF: http://www.oecd.org/tax/transfer-pricing/comments-intangibles-discussion-draft.htm
OECD.statextracts. (2011). Revenue Statistics - Comparative Series dataset.
Palazzi, P. (2011). Taxation and Innovation, OECD Taxation Working Papers, No. 9. OECD Publishing.
PWC. (2014). Paying Taxes. PWC.
Reserve Bank of Australia. (2013, September). Financial Stability Review. Retrieved 2014, from Reserve Bank of Australia: http://www.rba.gov.au/publications/fsr/2013/sep/html/aus-fin-sys.html
Reserve Bank of Australia. (2014, December). Index of Commodity Prices. Retrieved 2014, from Reserve Bank of Australia: http://www.rba.gov.au/statistics/frequency/commodity-prices.html
Schwab, K., & Sala-i-Martín, X. (2013). The Global Competitiveness Report. Switzerland: World Economic Forum.
Taxation statistics. (2013). Retrieved 2014, from Australian Taxation Office: https://www.ato.gov.au/About-ATO/Research-and-statistics/Our-statistics/Taxation-statistics/
The Australian Government. The ATO. (2013, October 22). Overview of international profit-shifting risks and activities in the ATO. Retrieved 2014, from Australian Taxation Office: https://www.ato.gov.au/Business/Large-business/In-detail/Resource-centre/Overview-of-international-profit-shifting-risks-and-activities-in-the-ATO/
The Australian Government. The ATO. (2014). ATO corporate plan 2014–18. Australian Taxation Office.
The Australian Government. The ATO. (2014, September 24-25). Base erosion and profit shifting - a progress report on G20/OECD action. Retrieved 2014, from Australian Taxation Office website: https://www.ato.gov.au/Media-centre/Speeches/Other/BEPS---a-progress-report-on-G20/OECD-action/
The Australian Government. The Treasury. (2008, August). 5.3 Australia's tax mix compared with other OECD countries. Retrieved 2014, from Australia's future tax system: http://taxreview.treasury.gov.au/content/Paper.aspx?doc=html/publications/papers/report/section_5-03.htm
The Australian Government. The Treasury. (2009, December). Chapter 5: Investment and entity taxation. Retrieved 2014, from Australia's future tax system: http://taxreview.treasury.gov.au/content/FinalReport.aspx?doc=html/publications/papers/Final_Report_Part_1/chapter_5.htm
The Australian Government. The Treasury. (2014). Scoping Paper on Risks to the Sustainability of Australia’s Corporate Tax Base. Canberra: The Australian Government the Treasury.
World Development Indicators. (2014). Retrieved 2014, from World DataBank: http://data.worldbank.org/products/wdi#archives
1 CY2012 simple average across OECD members excluding Australia. No data available for Japan, Greece and Poland. Corporate tax on profit and capital gains to total tax based off OECD Revenue Statistics, https://stats.oecd.org/Index.aspx?DataSetCode=REVExternal Link. Values from this series for Australia differ from Tax Stats because of conceptual and timing differences. For more information on OECD revenue statistics see, OECD, Revenue Statistics 2013.
2 This increase may be skewed upwards as a number of companies were misclassified during the early 2000s
3 These items refer to tax depreciation on significant capital investments, the offshore banking unit regime and non-assessable non-exempt income items such as 23AH branch, 23AI controlled foreign corporation and 23AJ dividend income.
4 Sum of ABS figures for trade in:
(a) material goods entering (imports) or leaving (exports) Australia, excluding international trade in non-monetary gold and coins, and government goods and services
(b) services rendered by Australian residents to non-residents (credits) and by non-residents to residents (debits).
5 International related party royalty expenses have increased as a share of total royalty expenses paid overseas using data from company income tax return and associated schedules.
6 International related party debt is far greater than foreign direct debt investment in Australia because the former is a construct of tax law and accounting principles while the latter is a construct of the National Accounts. Differences exist in the treatments of debt like hybrid instruments and the treatment of loans between related party financial institutions. Other differences are explained in OECD, Foreign Direct Investment for Development, 2002, http://www.oecd.org/investment/investmentfordevelopment/1959815.pdfExternal Link
7 Country comparisons are made on a weighted average basis to be more representative of the larger economies in the group.
8. In TY2012, the aggregated company income tax return data for royalty expenses paid overseas were $6.4 billion while total international related party royalty expenses and licence fees were $6.2 billion
For more information on balancing periods see the World Bank Help Desk https://datahelpdesk.worldbank.org/knowledgebase/articles/201203-is-all-the-wdi-data-based-on-calendar-year-or-fiscExternal Link; World Bank, World Development Indicators, Primary data documentation notes, 2013, http://data.worldbank.org/products/wdi#archivesExternal Link; ATO, Taxation Statistics, Frequently Asked Questions, https://www.ato.gov.au/About-ATO/Research-and-statistics/In-detail/Tax-statistics/Taxation-statistics---FAQs/#Q4
10 For more information on the difference between tax and financial years see - ATO, PS LA 2007/21 Substituted Accounting Periods (SAPs), http://law.ato.gov.au/atolaw/view.htm?Docid=PSR/PS200721/NAT/ATO/00001External Link
Australia in the global economy reviews the increasing complexity and the challenges that are facing the existing global tax framework. This report discusses in detail the extent of Australia’s international trade and various tax concerns, and how the Australian Taxation Office is addressing those issues.