Supporting the circular economy in Australia through taxation reform.

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
  • Additional Information
    • Subject Terms:
    • Abstract:
      This article examines the concept of a circular economy and develops a range of taxation policy recommendations that are directed at supporting and encouraging participation in the circular economy within Australia. Unlike the traditional linear economy, which follows a "take-make-use-dispose" philosophy, the circular economy promotes a system based on designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. The article considers the literature on tax incentives and impositions related to the circular economy already in place or recommended in other jurisdictions. In order to understand the support needed for a circular economy in the Australian context and the potential for using taxation in these areas, interviews are conducted with circular economy stakeholders and taxation experts. The interview data were analysed and synthesized with the literature review to establish the key recommendations for taxation policy changes. The overarching aim of the article is to set the foundations for an effective national circular economy framework. [ABSTRACT FROM AUTHOR]
    • Abstract:
      Copyright of Australian Tax Forum is the property of Tax Institute and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)