09 Mar 12 The Tax Institute in the media
The Tax Institute was quoted in relation to the recent Part IVA changes in SmartCompany on Friday 2 March: “”Be careful what you sign”: Businesses warned to seek advice on new contracts after Arbib sneaks through vague new tax avoidance provisions” and in BusinessDay on Monday 5 March: “Tax evasion laws adequate, says expert”.
The Tax Institute was mentioned in the Weekend Australian Financial Review on Saturday 3 March: “Bradbury’s work cut out” with respect to the appointment of The Hon. David Bradbury MP as Assistant Treasurer.
The Australian Financial Review quoted The Tax Institute on Monday 5 March: “Cut to tax perks spark backlash” in relation to the Government’s living away from home allowance changes. In the article, The Tax Institute says that temporary residents often pay bigger medical bills and higher school fees, and cannot access social security benefits.
The Tax Institute is quoted in the Australian Financial Review on Friday 9 March: "Miners lose tax breaks to pay for minnows" in relation to the Business Tax Reform Group's work on losses and rumoured offsets being considered to pay for the extra concessions. In the article, The Tax Institute says that the Government should consider whether it could afford to introduce the carryback tax loss scheme for smaller companies without taking away tax concessions from other industry sectors. “They are picking winners and losers if they remove accelerated depreciation for one industry and introduce it for another,” “I’m sure the aviation industry would consider themselves the losers if they lost accelerated depreciation.”
On Sunday 4 March, the Canberra Times mentioned The Tax Institute’s upcoming National Convention in Canberra on 14-16 March 2012 “Tax word with Mike Bannon”.