Tax-related expenses deduction fuels tax minimization, sparking calls for reform.
The article discusses how Australian tax laws allow deductions for expenses related to taxes, like managing tax affairs and tax litigation costs. These deductions were originally meant to encourage tax compliance, but now some think they mainly help people minimize taxes. Some suggest capping these deductions at a low level. The article compares Australia's approach to other similar countries and finds that Australia is more generous in allowing these deductions.