Published on 01 Jun 07
by "THE TAX SPECIALIST" JOURNAL ARTICLE
An international greenhouse gas abatement regime is likely to be enacted in one form or another very soon. It is highly likely that some form of tax will be an important part of that regime, at least initially, and it will not be a mere “nuisance tax”. In the absence of a tax component, there is a real risk that the fiasco of the European Union Emissions Trading Scheme will be repeated. Important issues of tax design need to be resolved and the application of conventional principles to a tradable credits regime will present some difficulties in the absence of statutory intervention.
David was admitted as a solicitor in 1974 and was called to the Bar in 1977. He was appointed
Queen’s Counsel in 1986. David has lectured and written extensively on taxation related topics in Australia and overseas. David is a Barrister, Wentworth Chambers.
- Current at
01 October 2014