The law of contracts, trusts and corporations as criteria of tax liability

William Gummow*

*Corresponding author for this work

Research output: Contribution to journalReview articlepeer-review

2 Citations (Scopus)

Abstract

The general law of contracts, trusts and corporations may be thought to provide clear and stable criteria for the operation of revenue laws. But experience suggests this expectation may be overoptimistic. This is not to urge increased legislative resort to criteria preferring substance over form, with the attendant temptation to impose what constitutional doctrine would stigmatise as arbitrary imposts. It is to urge legislative vigilance in the selection of particular criteria to implement policy objectives, and to reiterate the necessity for a good tax lawyer to keep up-to-date with the general law.

Original languageEnglish
Pages (from-to)834-849
Number of pages16
JournalMelbourne University Law Review
Volume37
Issue number3
Publication statusPublished - 2014

Fingerprint

Dive into the research topics of 'The law of contracts, trusts and corporations as criteria of tax liability'. Together they form a unique fingerprint.

Cite this