Five Reflections on the RBT's Vision for the Business Tax Base

19 Pages Posted: 16 May 2007  

Graeme S. Cooper

The University of Sydney Law School

Abstract

This essay is about the process and execution of tax reform. It explores three themes: the content of the recommendations that emerged from Australia's Review of Business Tax for the income tax base for businesses, the vision that underpinned those recommendations, and the subsequent execution of the evolving vision of the project in the years after the report was released. This is the lasting legacy of the recommendations of Australia's last business tax Review - a collection of recommendations, certainly, but more especially a mind set, and eight years of quite distinctive tax legislation.

The paper explores five areas in the Review's final report to ascertain whether the Review produced something of wider and more lasting significance - that is, beyond a shopping list of individual successes and failures, in what was delivered and in what was abandoned by the Government.

Keywords: income tax, tax reform, business taxation

JEL Classification: K34, H25, G38

Suggested Citation

Cooper, Graeme S., Five Reflections on the RBT's Vision for the Business Tax Base. Sydney Law School Research Paper No. 07/27. Available at SSRN: https://ssrn.com/abstract=986242 or http://dx.doi.org/10.2139/ssrn.986242

Graeme S. Cooper (Contact Author)

The University of Sydney Law School ( email )

New Law Building, F10
The University of Sydney
Sydney, NSW 2006
Australia

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