We could not sustain two parallel systems where, on the one hand, some companies were exempt from tax because they chose to operate as a trust, and on the other, businesses had to pay taxes. Had the integration system worked properly, there would have been no problem, but that was not the case. Businesses changed vehicles simply to cut taxes, which is not a bad thing, but that is why amendments were made to the legislation.
On April 7th, 2008. See this statement in context.