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Australia

Australian Taxes on income Stats

Definitions

  • Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
STAT AMOUNT DATE RANK HISTORY
Profits and capital gains > % of revenue 65.27% 2005 1st out of 70
Profits and capital gains > % of total taxes 71.13% 2005 3rd out of 70
Profits and capital gains > Current LCU 208.58 billion 2008 22nd out of 86
Profits and capital gains including income tax > % of revenue 66.67% 2008 1st out of 87
Profits and capital gains including income tax > % of total taxes 73.01% 2008 4th out of 86

SOURCES: World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files.

Citation

Australia Economy > Tax > Taxes on income Profiles (Subcategories)

Profits and capital gains 3

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