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Lifestyle

Liz Hobday

REVEALED: Creative types say give us a tax break for art s sake - The Real Truth

Australia Miles Franklin

Submissions to a tax forum on the arts say tax breaks would help the suffering creative sector. (Ethan James/AAP PHOTOS)

A punter betting on the Miles Franklin literary award gets to enjoy their windfall tax-free, unlike the winning author who pays a significant chunk of their $60,000 prize.

The same is true for many prestigious arts awards, such as the $100,000 Archibald Prize for portraits.

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