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Thursday, 9 December 1971
Page: 4612

Mr Whitlam asked the Treasurer, upon notice:

(1)   What was the ' value of the rebate of payroll tax allowed in respect of export sales in the latest year for which figures are available.

(2)   "What amount and percentage of the rebates were allowed in respect of export sales to the Territory of Papua and New Guinea.

(3)   What ' benefits has this tax concession conferred on (a) Australia and (b) the Territory of Papua New Guinea.

Mr Snedden - The answer to the honourable member's question is as follows:

(1)   Payroll tax export rebates allowed in the financial year. 1970-71 amounted to $49,356,000.

(2)   No statistics are available on pay-roll tax export rebates classified by country of destination of exports.

(3)   (a) Since the introduction of the pay-roll tax rebate scheme for exporters, there have been considerable increases in the value and range of Australian exports. It is not possible to say, however, to what extent these increases would not have occurred in the absence of the rebate scheme, (b) Any benefits to Papua New Guinea from the pay-roll tax rebates scheme would depend on its being able to import a wider range of goods from Australia, perhaps at lower prices, than would otherwise have been the case. It is - not possible to quantify the value of any such benefits.

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