In this study, comparative analysis of Australian and Turkish Tax Systems has been made and socioeconomic aspects of both systems have been presented in a comparative light.
Australia is a country with one of the world's highest standard of living and a very high national income per capita. It is also the country that has the highest minimum wage. Australia is an island country and has a multicultural structure. Australia has very old historical ties with Turkey and economic and trade relations are developing day by day. However, Turkey, although showing the most progress among the 10 countries published by the World Bank remained behind Australia.
Australia introduced the new tax system on July 1, 2000, enabled the tax administration to act with confidence in society and developed new technologies in taxation. Turkey has also worked continuously in the tax system with the application of tax reforms and new technologies to bring the best level of full automation. The steps taken in both tax management and tax technology have carried the country to an important place among the countries applying a modern tax system. However, in terms of economic growth and social welfare indicators, Turkey stays far behind Australia and OECD country averages and is evaluated in the category of developing countries which is caused by the economic, social and political conditions it faces.
High inflation, unemployment and debt ratios; low growth rates and inability to ensure the fair distribution of income; high indirect tax rates and interrupted tax structure are continuing problems within Turkey while in Australia, there is low inflation, ability to achieve fair income distribution, low unemployment rates and high growth rates.
According to the data obtained in this study, Australia is a developed country that has an effective tax structure and can manage the tax system more smoothly, affecting the socio-economic structure more positively. Turkey is also a country that has a modern tax system. If it can overcome its economic, legal and political problems with the effective fiscal, social and economic policies to be implemented by the governments, it will be able to overcome the problems arising from the tax system and tax structure.