Overview of the 2016 Federal Budget

By Michael Fox on 23/5/2016 in Resale royalties, Valuation, Federal budget, Company tax, Family trusts, Innovation, Negative gearing, Superannuation, Super art, GST, Artists, Taxation of the arts industries

The government was elected in 2013 without an arts policy and it has run an almost full term without being able to enunciate one. In the Tony Abbott era, no direct tax measures for the arts were announced and the model of peer-reviewed grants funding, based on the 2002 Myer Report, endorsed by John Howard and supported by the Rudd-Gillard administrations, was overturned. T...

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