Miscellaneous 2022

Environmental markets - An overview of carbon and biodiversity credit schemes in Australia and their taxation treatment

Source: New South Wales

Published Date: 19 May 2022

 

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Environmental credits - what are they and how do you tax them?

This paper covers:

  • An overview of the Emissions Reduction Fund and Australian Carbon Credit Units (ACCUs), including how credits may be generated
  • The proposal for new Safeguard Mechanism Credits - what is proposed and what projects would be eligible
  • The Reef Credit Scheme•An overview of the biodiversity credit schemes in Australia, including how credits are generated, traded and retired
  • The roles and responsibilities of various parties in credit trading schemes (eg landowners, philanthropists/environmental groups, developers, brokers and government)
  • Taxation treatment.

Individual Session

Environmental markets - An overview of carbon and biodiversity credit schemes in Australia and their taxation treatment

Author(s): Samantha Daly , Lachlan Smithers

Details

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Miscellaneous 2022

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