State plans retrospective tax move

The state government plans to introduce retrospective legislation to reverse the effect of a High Court ruling that could have saved taxpayers tens of millions of dollars in stamp duty.


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Western Australia
These arguments by various business interests are quite contrived in that in order to operate those business's the material assets must be built on land. There for it surely stands to reason that without that land to house those assets upon there could be no material asset. This is typical of our legal system where fanciful and in reality spurious arguments by certain companies try to subvert the intent of laws put in place by duely elected governments of the people. These laws are for all. Even though the laws can be hard at times the necessity is that State governments have a need to raise revenue. To the Justices concerned broaden your out look to understand that if comanies shirk there requirements to pay these duties then that money will be raised by passing the impost along to the general populace.

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