On 1 July 2009, in response to the 2009/2010 federal Budget, s23AG of the Income Tax Assessment Act 1936 (Cth) (ITAA36) was amended to include a new s23(1AA). This amendment has the effect of disallowing certain Australia resident individual taxpayers, who are engaged for more than 90 days of...

Long has there been a debate about the validity of the Rule Against Perpetuities, and whether it is time to extinguish the Rule in the United States. I argue that, yes, and put to rest any claims against a reintroduction of the Rule in the United States. I discuss deficiencies in previous –...