AH Slater QC
The latest Part of the Australian Tax Review includes the following articles: “Revenue v capital: A new direction, or back to the future?” – AH Slater QC; “The debt-equity rules: A continuing experiment in economic substance” – Jesse Murphy; and “Applying VAT to financial services in China: Opportunities for China and lessons for the world?” – Yan Xu and Richard Krever. There is also an Editorial; and Book Reviews on “Tax Simplification” by Chris Evans, Rick Krever and Peter Mellor – reviewed by Helen Hodgson; and “International and Cross-Border Taxation in New Zealand” by Professor Craig Elliffe – reviewed by Kerrie Sadiq.
The May 2011 Issue of the Australian Tax Review includes interesting articles on the difficulties of taxing trust income after the High Court decision in FCT v Bamford, the role of context in the construction of statutes and the amended concessions to small business for capital gains tax. This issue also includes a book review of Australia’s Future Tax System: The Prospects After Henry by Chris Evans, Richard Krever and Peter Mellor.