Australia's tax system is integral to its economic structure, funding essential public services such as health care, education, social security, infrastructure, and defence. Like many developed nations, Australia employs a multi-layered tax structure comprising federal, state, and local taxes. These taxes ensure that governments have the resources needed to support the country's infrastructure, maintain social programs, and create a stable and fair economy. This booklet will explore the various types of taxes in Australia, including income tax for individuals, company tax, the Goods and Services Tax (GST), stamp duty, and land tax, providing an overview of how they function and their impact on individuals, businesses, and the broader economy.