A friend of chicken licken, as the saying goes. These folk lie awake at night fantasizing about Tolley’s Tax Guide, and worry that excise might be retrospectively levied on equity trades in India, and that the IRS might reassess equity swaps as disguised cash transactions. Either of these things might happen, of course, just like the Sky might fall in on our heads.

Now as you all know the Jolly Contrarian doesn’t like to generalise, but — okay, okay, the JC loves to generalise, I admit it — but, tax lawyers really are, uniformly, and consistently, a bit weird. But weird in a good way. They are weird so we don’t have to be. They’re weird in the same way ninjas[1] are a bit weird — that any people who have devoted their lives to the selfless pursuit of any kind of esoteric knowledge are a bit weird. It takes a weird sort of personality to devote your live to imputation credits and so on, after all.

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References

  1. Real Japanese ninjas, that is, not ironically labelled ISDA ninjas, though ccome to think of it, we ISDA ninjas are a bit weird too.