Direct tax code should revert to 2009 while simplifying further

The final draft - say DTC14 - had cleared all ministries but was not taken to Cabinet

The direct tax code or DTC has undergone several incarnations. During all of 2007, I had the opportunity to work on the initial 2009 (DTC09) version. Upon my return from Her Majesty’s Revenue and Customs, the UK, it was clear to me that the 2010 version (DTC10) that had emerged after stakeholder and tax administration inputs, was a parried-down version, resembling the Income Tax Act (ITA) itself rather than DTC09. Nevertheless, DTC10 had gone to the Parliamentary Finance Committee (PFC), and received major suggestions, rightfully so. By end-2012, I was obliged to return to government to consider, among other matters,