International Monetary Fund Urges GST Hike and Capital Gains Tax Overhaul Ahead of May Budget
The International Monetary Fund has called on Treasurer Jim Chalmers to implement major tax reforms in the upcoming May budget, including increasing the Goods and Services Tax and winding back capital gains tax concessions. In one of its strongest interventions on Australia’s fiscal settings, the IMF said a “comprehensive reform package” is needed to improve … Read more