Do investment tax breaks work? A new study finds the evidence is ‘mixed at best’
- Written by Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology
The Reserve Bank of Australia (RBA) released a discussion paper this week on investment tax breaks. The study looks at whether tax incentives, such as instant asset write-offs for utes, boost business investment.
Business investment is an important contributor to overall economic growth, and has been sluggish in recent years.
The authors conclude...
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