The only thing that the Australian Taxation Office has not taxed yet is the male penis. This is due to the fact that 40% of the time it is hanging around unemployed, 30% of the time it is hard up, 20% of the time it is pissed off and 10% of the time it is in the hole. On top of that, it has two dependants and they are both nuts.

Effective January 1st, 2000, your penis will be taxed according to size.

The brackets are as follows:

10 - 12" Luxury Tax $30.00

8 - 10" Pole Tax $25.00

5 - 8" Privilege Tax $15.00

4 - 5" Nuisance Tax $3.00

Males exceeding 12" must file under capital gains.

Anyone under 4 inches is eligible for a refund.

PLEASE DO NOT ASK FOR AN EXTENSION!!!

Sincerely,

Pecker Checker

Australian Taxation Office

We are still waiting for answers for the following questions:

• Are there penalties for early withdrawals?
• What if one's penis is self employed?
• Do multiple partners count as a corporation?
• Are condoms a deductible expense as work clothes?