Search results for ""Author LEX FULLARTON""

In The Artful Aussie Tax Dodger Lex Fullarton studies the impact of 100 years of taxation legislation in Australia 1915-2016. He finds that despite the lessons of a century of actions and reactions of taxpayers and administrators little changes -- despite entering a new century old habits are hard to break. At Federation on 1 January 1901, the Commonwealth of Australia was empowered to impose income tax on its citizens. However, it was not until 3 September 1915 that it began a century of tax reform when its first Income Tax Assessment Act was introduced. For 100 years, driven by the winds of various political and social interests, Australia reviewed and reformed its tax legislation. Fullarton studies that transformation. Fullartons examination considers the oldest of tax planning entities -- the British Trust (received in Australia at colonisation) -- the introduction of Australias reformed consumption tax -- its VAT, referred to as Goods and Services Tax (GST) in Australia -- an analysis of tax avoidance schemes, and finally government taxation reform activities over the century. Fullarton notes that, just one year into a new century of taxation, the Australian Federal Government put forward a proposal to go forward to the past by repealing certain sections of the Income Tax Assessment Act and transferring Income Taxing powers back to the Australian States, a position which existed prior to 1936. This book looks at how Australias tax legislation was grounded, added to, avoided, and evolved, until it went Back to the Future. It is a collection of studies compiled from a rich mosaic of experience and research conducted over 20 years of involvement in taxation law in rural and remote Australia.

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Lex Fullarton takes a closer look at the three pillars of the sustainable development framework known as the Triple Bottom Line (TBL). The concept of the TBL is that for a project to be sustainable it must not simply be profitable in economic terms, but it must also benefit society and enhance the natural environment. In the 21st century, the greatest threat to Earths natural environment and the population of the planet is the rise of greenhouse gas emissions caused from burning fossil fuel as an energy source. The rise of GHG emissions has resulted in a rise in the ambient air temperature of the Earths atmosphere and is resulting in a significant change in climatic conditions on Earth. Fullarton scrutinizes the problem of getting industry and governments to understand the significance of creating harmony within the TBL. One of the main problems is that partisan politics tends to fragment the factors of the TBL rather than bring them together. Fullarton takes a strong stand in suggesting that taxation systems, which have traditionally been viewed primarily as a means of raising government finance, can be effectively applied to influence industrial and consumer attitudes towards transiting away from polluting fossil-fuel energy sources towards non-polluting renewable energy use.

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This unique book offers an introduction to the development of renewable energy in Australia in the early 2000s. Examining the rise of dispersed, embedded solar energy systems in Western Australia, it looks specifically at the Solex project in Carnarvon, WA, which pioneered the harvest of solar energy from what was once considered the pursuit of the lunatic fringes of society to a viable energy source for mainstream society and industry. In this fascinating case study Fullarton shows how a practical demonstration of innovative existing technology can have an incredible impact on a national scale. The ideas behind the Solex project slowly became adopted by the broader community and were eventually taken up enthusiastically by the general population of Australia. Analysing government and utility policies throughout the 2000s, the book traces how ambivalence was followed by whole-hearted incentives to the roll-out of alternative energy and subsequent active opposition to alternative energy in favour of traditional fossil fuel as government philosophies changed.

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Lex Fullarton's book "Heat, Dust and Taxes: A story of tax schemes in Australia's outback" set in the picturesque but treacherous landscape in the Outback of North-western Australia, tells the story of one of the greatest series of tax avoidance schemes in history. This book is not only an interesting read, it makes a significant contribution to our understanding of taxpayer compliance behaviour development in the highly problematic area of mass marketed tax schemes. Dr Paul Kenny, Associate Professor in Taxation Law, Flinders University, Flinders Business School

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