Out of the mouths of journalists

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The Australian seems to have summed tax planning up quite nicely:

The essence of tax planning is that a lawyer will fly close to the wind, invoke the letter and the loophole of the law, if you like, to maximise the interest of the client.

And this in an article entitled Tax planners become an endangered species which laments the 'draconian powers of the tax office' to prevent such action.

Some of aren't so worried about the future of this particular species.

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