Published on 22 Dec 06
by THE TAX INSTITUTE
The Taxation Institute's preliminary comments on the Board of Taxation's review of the anti-tax-deferral regimes.
The submission is structured to address the objectives of the Review, being:
- reduce the complexity and compliance costs associated with the anti-tax-deferral regimes inlcuding whether the current regimes can be collapsed into a single regime; and
- to examine whether the anti-tax-deferral regimes strike an appropriate balance between effectively countering trax deferral and the unnecessarily inhibiting Australians from competing in the global economy
NATIONAL INSTITUTE OF ACCOUNTANTS
TAXATION INSTITUTE OF AUSTRALIA