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The Good, the Bad and the Ugly- A Story of the Life Cycle of ANTS

Published on 04 May 00 by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE

This paper discusses the life cycle of ANTS and considers the birth, development and future of the GST.

Author profile

Lachlan Wolfers CTA
Lachlan Wolfers, CTA, is the Global Head of Indirect Taxes for KPMG, and also the Global Head of Data for KPMG Tax & Legal. He is also the National Leader of KPMG Law in Canada. He has over 25 years of experience advising multinational companies on indirect taxes, as well as tax transformation and technology. Lachlan is passionate about the role of indirect taxes in driving developments in the digitalization of the tax function. His recent publications, 'Transforming the in-house tax function through Technology', ‘The Future of Indirect Taxes to 2030‘, ‘The Future of VAT in a Digital World’ and ‘The Future of Generative AI in the Tax Profession’ all seek to provide insights on developments in areas like indirect taxes, how data is managed in the tax function and in the use of technologies to chart a course to the future. Lachlan has a strong sector focus on the digital economy and in the financial services sectors, and acts for many of the largest companies in these sectors, including for industry bodies. Lachlan also has considerable experience in the implementation of VAT/GST systems, having done so in Australia in the year 2000, and in China from 2012 to 2016. In 2020 Lachlan was awarded the Indirect Tax Advisor of the year for the Asia Pacific region by the International Tax Review. Lachlan has a long history of providing support and expertise to policymakers, finance ministries and tax authorities around the world, including in China, Australia and the UK, as well as the OECD. He is admitted as a Solicitor to the Supreme Court of NSW, and is called to the Bar by the Law Society of Ontario. Earlier in his career, Lachlan was the Associate to Justice Keith Mason, President of the NSW Court of Appeal. Lachlan has co-authored the leading textbook on capital gains tax in Australia (with Adjunct Professor Gordon Cooper AM), as well as authoring chapters for textbooks on income tax and GST. He was previously a National Director of the Taxation Institute of Australia. - Current at 19 September 2025
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This was presented at 35TH SOUTH AUSTRALIAN ANNUAL CONVENTION: "ANTS AND OTHER PESTS!" .

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Individual sessions

The Bite of a Bull Ant - Anti-avoidance

Author(s):  D BLOOM

Materials from this session:

The Hidden Life of ANTS- GST Supplies and Other Terms

Author(s):  M BUTLER

Materials from this session:

The Good, the Bad and the Ugly- the Life Cycle of ANTS

Author(s):  Lachlan R WOLFERS

Materials from this session:

Defending the Nest Egg-New Rules for Restructuring

Author(s):  Bruce SPANGLER

Materials from this session:

Building the Nest Egg- The New Rules for Superannuation

Author(s):  Stephen HUNTER

Materials from this session:

ANTS in Your Pants- Pay as You Go

Author(s):  T GILBERT

Materials from this session:

Choosing Your Queen Bee- Post Family Trust Election

Author(s):  Peter SIEBELS

Materials from this session:

The Sting- Profits First Rule

Author(s):  Louise LOVERING

Materials from this session:

Ralph's Impact on CGT

Author(s):  Paul INGRAM

Materials from this session:

Ralph's Impact on CGT

Author(s):  Michael MCCLAREN

Materials from this session:

Get to the Core- Ralph's Impact on Depreciation

Author(s):  Geoff LLOYD

Materials from this session:

The Government Bites Again- Social Security Update

Author(s):  Mark MOFFATT

Materials from this session:

The Web- What you can Catch on the Web

Author(s):  Fiona COCHRANE

Materials from this session:

Crawling all Over you: Access & Legal Privilege

Author(s):  Michael BERSTEN

Materials from this session:


No Bugs on us: Plantation Eucalypts

Author(s):  Neville HILL

Materials from this session:

Further details about this event:

 

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