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10 Sep 12 Assistant Treasurer addresses The Tax Institute's Queensland Corporate Tax Retreat

On 7 September 2012, the Assistant Treasurer and Minister Assisting for Deregulation, David Bradbury, gave an address entitled "Consultation in the Tax Design Process" to The Tax Institute's Corporate Tax Retreat held at Sanctuary Cove on the Gold Coast, Queensland.

The Assistant Treasurer announced that Treasury will formally bring together its tax law design expertise into a Revenue Group Law Design Practice (LDP), headed up by its own General Manager. The Assistant Treasurer said:

"The Law Design Practice will have three key roles:

First, to ensure that when a policy is being developed, the legislative possibilities and complications are taken into account from the outset – including in the setting of priorities.

The Law Design Practice will coordinate priority setting for tax and superannuation measures and actively project manage the development of those measures, in consultation with the Office of Parliamentary Counsel.

Second, it will ensure that measures are consistent with other law and legal policy of the Australian Government.

Third, the Law Design Practice will be responsible for ensuring that the final legislation that is introduced delivers on the Government's intent in practice, both directly and in how it interacts with the rest of the tax and superannuation law."

 


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