Source: Australian Tax Forum Journal Article
Published Date: 1 Feb 2012
Twelve years have elapsed since the Review of Business Taxation (RBT) set out its international business tax reform recommendations in A Tax System Redesigned and 10 years have now elapsed since the Review of International Taxation Arrangements (RITA) was announced. These reviews were the first major evaluation of Australia’s international tax regime since the late 1980’s and early 1990’s when Australia’s international tax rules were ‘modernised’.
As tax reform is not a linear process, many recommendations have been implemented or shelved, while others have continued to evolve (eg Australia’s tax treaty policy) or have been absorbed into other projects (eg Board of Taxation, Review of the Foreign Source Income Anti-deferral Regimes: Report (September 2008)). Other international tax reform measures were progressed outside the RBT and RITA processes. Given the magnitude of the changes it has been difficult to track:
As the Government commences to implement the recommendations of Australia’s future tax system: Report to the Treasurer, released on 2 May 2010, it is crucial to catalogue the reform outcomes, particularly as the Report did not focus on international tax issues. This is done by first providing a brief overview of the key international reform processes before providing detailed history of the reform proposals and their fate in tabular form.
More by Dr Michael Dirkis
The times they are a-changing: Recent developments in Australia's international tax rules - Journal 01 Apr 2018
Recent developments in Australia's international tax rules - Paper 14 Mar 2018
Recent developments in Australia's international tax rules - Presentation 14 Mar 2018
The Australian taxation system: The 2017 great debate - Journal 01 Mar 2018
Recent developments in tax transparency - Presentation 02 Mar 2016
Curious cases of footballers, aircraft crew, lawyers, scientists and a motel - The general deduction jurisprudence of Justice Graham Hill - Journal 01 Jun 2013
The residence of companies and trusts revisited - Paper 17 Oct 2012
The residence of companies and trusts revisited - Presentation 17 Oct 2012
Ahead of two days in October: Reviewing the status of the recommendations of Australia's future tax system review - Journal 01 Sep 2011
More by Brett Bondfield
The times they are a-changing: Recent developments in Australia's international tax rules - Journal 01 Apr 2018
Recent developments in Australia's international tax rules - Paper 14 Mar 2018
Ahead of two days in October: Reviewing the status of the recommendations of Australia's future tax system review - Journal 01 Sep 2011
"The science of tax design?: Tax policy within the Australian Government's White Paper on the Carbon Pollution Reduction Scheme (CPRS) - Journal 01 Nov 2009
DAcjA vu: The tax aspects of the CPRS White - Journal 01 Feb 2009
The RBT ANTS Bite: Small Business the First Casualty - Journal 01 Apr 2004
A year on in the Simplified Tax System: has reality matched the rhetoric? - Journal 01 Nov 2002
If there is an art to taxation the Simplified Tax System is a dark art - Journal 01 Jul 2002
Sorry, this is subscriber only content.
To gain access to this material and much more - Subscribe Now.
(Note: Members can access Taxation in Australia journal articles without a Tax Knowledge Exchange subscription - please log in to access).
Already a Subscriber? Login now
Already a Subscriber? Login now
Details
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags