Public Interest Journalism Tax Rebate

PIJI’s program of research into taxation to encourage investment in public interest journalism suggests that a tax incentive scheme is worth serious consideration. The following guidebook and research report investigate an industry rebate scheme, specific to news producers.

Cover page PIJI Guidebook to Implement and Claim a Public Interest Journalism Tax Rebate
September 2020
This book provides guidance on activities and eligibility criteria for claiming a Public Interest Journalism Tax Rebate, and serves as a model for policymakers in designing such a scheme.
Guidebook Overview

Research conducted in late 2019 for PIJI suggested that an R&D-style tax rebate for public interest journalism could have a significant positive investment impact.

Conservative analysis suggests a benefit-cost ratio of up to 1.90, and as much as $356m additional benefit.

This guidebook is the extension to that initial investigation, and provides guidance on the types of activities and eligibility criteria for a Public Interest Journalism Tax Rebate, and serves as a model for policymakers in designing a scheme.

Project Details

This paper is the result of work by a task force comprising journalists and journalism academics:

  • Dr Margaret Simons, Honorary Principal Fellow, Centre for Advancing Journalism, University of Melbourne
  • David Pearce, Executive Director, Centre for International Economics
  • Eddie Ahn, Partner, DLA Piper
  • Gabrielle Hedge, Solicitor, DLA Piper
Cover page Tax concessions for public interest
November, 2019
This report considers the economic modeling of a tax rebate scheme for additional public interest journalism.
Key Findings

This report, Tax concessions for public interest journalism, finds that:

  • conservative analysis suggests an R&D-style tax rebate for public interest journalism could have a benefit cost ratio of between 0.97 and 1.90;
  • modelling suggests a 50% tax rebate (the highest scenario) could deliver up to $711 million in public benefit, at a $375 million cost to taxpayers,*and
  • a 25% tax rebate could deliver up to $356 million in public benefit at a $188 cost

 

*Costings to taxpayers include gross value, compliance and administration
costs.

Project Details

This report was prepared for PIJI by:

  • David Pearce, Executive Director, Centre for International Economics

Citations: Centre for International Economics 2019. Tax Concessions for Public Interest Journalism.

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