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A Comparison Of Income Averaging Procedures For Income Tax Purposes

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  • Chisholm, Anthony H.

Abstract

A comparison is made of a number of income averaging procedures on the basis of selected performance criteria. The main conclusion which emerges is that the Australian income averaging procedure, currently applied to primary producers, has a number of defects. Several of the alternative income averaging procedures reviewed are judged to be superior to the current Australian system.

Suggested Citation

  • Chisholm, Anthony H., 1971. "A Comparison Of Income Averaging Procedures For Income Tax Purposes," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 15(1), pages 1-15, April.
    • Handle: RePEc:ags:ajaeau:22979
    DOI: 10.22004/ag.econ.22979
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    File URL: https://ageconsearch.umn.edu/record/22979/files/15010036.pdf
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    References listed on IDEAS

    as
    1. William Vickrey, 1939. "Averaging of Income for Income-Tax Purposes," Journal of Political Economy, University of Chicago Press, vol. 47(3), pages 379-379.
    2. McArthur, A.T.G., 1969. "Extra Tax Resulting From Income Variation With Particular Reference To New Zealand," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 13(1), pages 1-6, June.
    3. T.E. Glau, 1970. "The Commonwealth Drought Bond," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 14(2), pages 121-130, December.
    4. A.T.G. McArthur, 1969. "Extra Tax Resulting From Income Variation With Particular Reference To New Zealand," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 13(1), pages 68-73, June.
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    Cited by:

    1. Douglas, Robert A. & Davenport, Scott V., 1995. "A Case for Re-evaluation of Income Averaging for Primary Producers," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 63(01), pages 1-10, April.
    2. Jock R. Anderson, 1972. "Risk And Farm Size In The Pastoral Zone," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 16(1), pages 1-10, April.
    3. Jock R. Anderson, 1975. "Programming For Efficient Planning Against Non‐Normal Risk," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 19(2), pages 94-107, August.
    4. Moon, Lynelle & Peterson, Deborah C. & Kokic, Philip & Douglas, Robert A., 1995. "Period Equity and Tax Averaging Schemes," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 63(01), pages 1-13, April.

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