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About TIESOn 8 February 2008, the Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, the Hon Chris Bowen MP, announced the appointment of a Tax Design Review Panel (the Review Panel) to examine how to reduce delays in the introduction of tax legislation and improve the quality of tax law changes. The Review Panel also considered the 2007 report on ‘Improving Australia’s Tax Consultation System’ in which the Board of Taxation recommended the Treasury and the Tax Office pilot a Tax Issues Entry System (TIES). View a full copy of the ‘ Improving Australia’s Tax Consultation System’ report. On 22 August 2008, the Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, the Hon Chris Bowen MP, announced that the government had accepted the recommendations of the Review Panel including:
The Government should pilot the Tax Issues Entry System (TIES) to identify legislative and administrative issues relating to the care and maintenance of the tax system. The Board of Taxation should review the operation of the system after 12 months.’
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