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26 Feb 10 Senior Tax Counsel's report

Please find below details of another busy week by the Tax Policy and Research team and our tireless volunteers. We also made further representations to Minister Chris Bowen MP on excess contributions taxes and we are receiving some interest from the business media on the s 23AG issue (income tax exemption for overseas workers).

Also this week, interesting comments by the Treasurer, Wayne Swan MP, on the Ken Henry Tax Review, with the Treasurer saying he will "release an initial, well-considered response" when the Review paper is released (expected no later than Budget night, 11 May). He went on to say: "there are some things we’ll pick up and run with earlier, some things will take longer, and there are some things we probably won't do".

I am looking forward to meeting members attending the National Convention in Melbourne next week.

Kind regards
Robert Jeremenko FTIA

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