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TAX INCENTIVES AND HIGH RISK INVESTMENT
Author(s) -
Standish Peter E. M.
Publication year - 1984
Publication title -
accounting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.645
H-Index - 49
eISSN - 1467-629X
pISSN - 0810-5391
DOI - 10.1111/j.1467-629x.1984.tb00058.x
Subject(s) - incentive , government (linguistics) , investment (military) , public economics , business , tax incentive , scheme (mathematics) , tax policy , high tech , administration (probate law) , economics , finance , tax reform , microeconomics , political science , linguistics , philosophy , politics , law , mathematical analysis , mathematics
Abstract: The objectives of this paper are to examine reasons for the Australian Government's decision to create a tax incentive for high risk (hi‐tech) industries. Comparisons are made with similar policies in other countries, and policy issues related to the administration of the Australian scheme are discussed. The paper does not attempt to examine the broader issue of whether or not there is a requirement for such a scheme to encourage hi‐tech industries.