Improving the Efficiency of Taxation of Livestock in Australia

In this paper, the neutrality of the income tax provisions for livestock are examined and compared with policies in selected other countries. It is argued that the current system provides significant concessions by deferring the recognition of income. The deferral of recognition of income distorts investment decisions by providing an incentive to invest in livestock which is not available for similar investments. A more efficient system, based in part on the New Zealand National Standard Cost Scheme is suggested, as are possible transition measures.


Subject(s):
Issue Date:
1995-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/12536
Published in:
Review of Marketing and Agricultural Economics, Volume 63, Number 01
Page range:
164-177
Total Pages:
14




 Record created 2017-04-01, last modified 2017-08-23

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