This article examines the concept of a circular economy and develops a range of taxation policy recommendations that are directed at supporting and encouraging participation in the circular economy within Australia. Unlike the traditional linear economic model, which follows a ‘take-make-use-dispose’ philosophy, the circular economic model promotes a system based on designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. The article considers the literature on tax incentives and impositions related to the circular economy already in place or recommended in other jurisdictions. In order to understand the support needed for a circular economy in the Australian context and the potential for using taxation in these areas, interviews are conducted with circular economy stakeholders and taxation experts. The interview data were analysed and synthesized with the literature review to establish the key recommendations for taxation policy changes. The overarching aim of the article is to set the foundations for an effective national circular economy framework.

Item Type:	Refereed Article
Keywords:	circular economy, tax policy
Research Division:	Commerce, Management, Tourism and Services
Research Group:	Accounting, auditing and accountability
Research Field:	Taxation accounting
Objective Division:	Expanding Knowledge
Objective Group:	Expanding knowledge
Objective Field:	Expanding knowledge in commerce, management, tourism and services
UTAS Author:	Fiedler, TA (Dr Terese Fiedler)
UTAS Author:	Minas, JW (Dr John Minas)
UTAS Author:	O'Keefe, PA (Mrs Patricia O'Keefe)
ID Code:	144662
Year Published:	2021
Deposited By:	TSBE
Deposited On:	2021-06-03
Last Modified:	2021-09-29
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