Abstract

http://ssrn.com/abstract=1868650
 
 

Footnotes (79)



 


 



Policy Forum: A Few Observations on Managing the Taxation of Corporate Groups - The Australian Experience


Graeme S. Cooper


University of Sydney - Faculty of Law


Canadian Tax Journal/Revue Fiscale Canadienne, Vol. 59, No. 2, pp. 265-294, 2011
Sydney Law School Research Paper No. 11/36

Abstract:     
Regimes for aggregating the position of related entities are undertaken for a variety of seemingly worthwhile reasons. Even if the regimes turn out not to be effective, they are nevertheless usually considered relatively harmless aspects of a tax system, perhaps adding a touch of desirable realism to corporate taxation. The Australian experience - attempting and then abandoning its aggregation system, and then starting again - shows, however, that these rules can be dangerous: aggregation rules working in combination can lead to outcomes that are not welcomed by government. A country contemplating an aggregation regime must therefore make a judgment as to whether it is possible to enact measures that accomplish enough of what is sought to make the exercise worthwhile without at the same time opening new avenues for avoidance. If that conclusion cannot be reached with confidence, there appear to be two choices: to abandon the exercise altogether, or instead to accept some type of highly engineered consolidation system that will likely prove costly and difficult to enact, implement, and administer.

Number of Pages in PDF File: 31

Keywords: corporate taxes, consolidation, tax reform

JEL Classification: K10, K30, K34, H25, G38

Accepted Paper Series


Download This Paper

Date posted: June 22, 2011  

Suggested Citation

Cooper, Graeme S., Policy Forum: A Few Observations on Managing the Taxation of Corporate Groups - The Australian Experience. Canadian Tax Journal/Revue Fiscale Canadienne, Vol. 59, No. 2, pp. 265-294, 2011; Sydney Law School Research Paper No. 11/36. Available at SSRN: http://ssrn.com/abstract=1868650

Contact Information

Graeme S. Cooper (Contact Author)
University of Sydney - Faculty of Law ( email )
Faculty of Law Building, F10
The University of Sydney
Sydney, NSW 2006
Australia
Feedback to SSRN


Paper statistics
Abstract Views: 439
Downloads: 76
Download Rank: 188,722
Footnotes:  79
Paper comments
No comments have been made on this paper

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo8 in 0.438 seconds