[Extract]Tax reform is one of those marvellous terms that sounds visionary and idealistic, evoking thoughts of change and new deals.
The reality is grubbier. Grand theories are dissected and dismembered by various interest groups. Political reality creates alarming distortions that challenge the minds of administrators and tax professionals for years afterwards.
Yet where politicians with large political mandates or powerful personalities ignore consultation and the democratic process they often do so at their peril.
Bentley, Duncan and Corkery, Jim
Revenue Law Journal:
1, Article 1.
Available at: http://epublications.bond.edu.au/rlj/vol8/iss1/1