Frank, you'll appreciate this. The Australian tax-man wanting it all his own way: Section 92(2) of the Sales Tax Assessment Bill:
" For the purposes of cancelling a tax benefit, the Commissioner may, in the assessment, determine any or all of the following: (a) that particular things are to be treated as not having happened; (b) that particular things are to be treated as having been done by a different person or to have happened at a different time; (c) that particular things that did not actually happen are to be treated as having happened and, where appropriate: (i) to have been done by a particular person; (ii) to have happened at a particular time." Fortunately, I don't think it ever got into the Act, which has now been superseded by GST law anyway, but it underlines the way bureaucreats thiink (if that's an apposite word!). John Coyle Brisbane, Australia ----- Original Message ----- From: "frank theriault" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, September 16, 2003 6:57 AM Subject: Re: pentax-discuss-d Digest V03 #984 > Bingo, Tom!! > > You hit the nail on the head with that one. When you owe taxes on a transaction > has nothing to do with when the transaction is actually complete. The IRS, (or in > Canada, RevCan) live in their own little world, that has little bearing on > reality. Of course, when you write the laws... > > What a great line, I'll have to remember that: "You owe the taxes when the tax > people say you owe the taxes." Never have truer words been posted on this list. > <vbg> > > cheers, > frank > > graywolf wrote: > > > You own the taxes when the > > tax people say you owe the taxes. > > -- > Honour - that virtue of the unjust! > -Albert Camus > >
