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Tax Schemes: 'Unscrupulous' promoters stand warned

Published on 01 Mar 04 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Overseas experience in the US, Canada and New Zealand suggests that the introduction of a tax scheme promoter penalty regime should provide additional protection to potential investors in these schemes. We await with much interest to determine whether the Government has a wider agenda.

Author profiles:

David ANDERSON
David is a Senior Associate at Corrs Chambers Westgarth Lawyers. David has over eight years' experience servicing the taxation advisory needs of major multinational clients, including specific services in relation to major infrastructure, property development, financing and construction projects.
Current at October 2005
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Jock MCCORMACK
Jock is a Senior Revenue Partner at DLA Phillip Fox. He has significant expertise and experience managing complex tax and related matters for major multinational clients, including financial services, property development and investment, construction, tourism and major infrastructure projects.
Current at 14 September 2007
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