Published on 01 Jul 10
by "AUSTRALIAN TAX FORUM" JOURNAL ARTICLE
This paper examines the legislation design stage of the tax reform processes associated with the 1999 Review of Business Taxation. The paper focuses on the legislation design processes associated with the Review’s key small business proposals: the non-commercial loss rules and the former Simplified Tax System. The paper finds that the rapid design of the Review’s tax reform recommendations meant that a number of significant flaws emerged in the legislation. The federal government should have adopted a more critical analysis, as well as a transparent and consultative approach to ensure policy goals are met. Legislation design appears to loom as the key to the success of tax reform under the 2010 Henry Review.
Paul is Associate Professor in Taxation Law, Flinders Business School, Flinders University, South Australia.
- Current at
30 August 2017