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...

In his observations on countering tax avoidance, Sir Ivor concludes that a clearly formulated, well understood and workable general anti-avoidance provision is an essential feature of a modern income tax system. But it is not the peg on which the whole system should rest. The practical answer...