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Short and sweet

By Roach, Peter M
Publication: Charter
Date: Thursday, March 1 2001
HEADNOTE

The Tax Law Improvement Project has been a resounding failure in the minds of many professional advisers. What follows is a modest proposal for truly simplifying this unnecessarily complex law. Peter M. Roach

The

other day I was speaking with one of the ATO's specialist advisers about an obscure point arising from the GST legislation when I remarked how much things had changed since the Commonwealth first enacted a law relating to income tax.

Bearing in mind the massive tomes now necessary to record our taxation laws, tomes which need to be reprinted twice a year, I commented how much simpler our first tax law had been. It was to be found in just 22 pages of the annual volume of Commonwealth statutes for 1915.

To my surprise, the very polite and pleasant officer with whom I was speaking, said he knew of the original legislation. If I understood him correctly, he had learned of it during one of the courses he had undertaken with the ATO.

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