Gray on 'The Constitutional Validity of State Royalty Schemes and Profit-Based Schemes'

 Professor Anthony Gray of the USQ School of Law and Justice has published a new article titled 'The Constitutional Validity of State Royal Schemes and Profit-Based Schemes'.  The article appears in Volume 36(4) of the Australian Tax Forum.  Here is the abstract:

"This article considers the constitutional validity of state royalty schemes. The conventional wisdom is that such schemes are consistent with s90 of the Constitution. This article questions that orthodoxy. It also considers the constitutional position if states were to move to profit-based schemes."