In this paper Sir Ivor Richardson discusses the role and possible methods of work of lawyers assigned to law reform tasks outside their home jurisdictions. In particular, he relates his comments to his own experience in preparing fiscal and banking legislation for Mauritius, Tonga and Western Samoa

In the preface to this collection of essays on the Estate and Gift Duties Act 1968, the editor defines the purpose of the collection as providing an introduction to selected aspects of the new legislation

Evident on both sides of the Tasman has been an increase in the use of trusts for tax planning purposes, brought about by high tax rates in the middle income ranges. This article seeks to answer why the trust is such a successful vehicle for income tax planning, discussing the scheme and...

The Committee of Inquiry into Inflation Accounting was appointed to assess the merits of alternative accounting standards and methods that might be adopted in New Zealand to reflect the then historically high rates of annual inflation. Following some introductory material, including information...

A discussion by a panel of experts, including Sir Ivor Richardson, of topical tax issues, including: (1) the scope for taxpayers to seek judicial review by the courts of the exercise of the Commissioner of Inland Revenue's powers, with particular reference to information gathering by the CIR at...

This paper argues that there is too great a reliance placed on anti-avoidance provisions, discretions reposed in the revenue, and judicially developed doctrines as a means of countering tax avoidance. In view of the difficulties in defining and countering tax avoidance, it is suggested that...

This paper describes the relevance to lawyers and law students of the concept of income for tax purposes and tax policy. Three reasons are given for law practitioners to have an understanding of the policies underlying tax legislation: the complexity of the legislation; the fact that it can...

Section 108 of the Land and Income Tax Act 1954 was of great practical significance as a general anti-avoidance tax section, but was plagued by difficulties of interpretation and application. In this article, Sir Ivor Richardson reviews the development of section 108, the reasons for recasting...

With acknowledgment of the growing popularity of the trust as an effective taxation planning vehicle, this article explores various principles of taxing trusts under the Land and Income Tax Act 1956. The author first analyses the requirements of sections 155(a) and 155(b) of the Act and the...

This paper discusses the growing importance of income tax law, the corresponding increase in tax avoidance, and the different perspectives on tax avoidance. A brief history of income tax is given, and an analysis of the competing objectives of an income tax system, its inherent problems, and the...