- Originating house
- House of Representatives
- Parliament no
- Part of a package of 15 bills to implement a three-year progressive budget repair levy, the bill amends the
Taxation (Trustee Beneficiary Non-disclosure Tax) Act (No. 1) 2007 to increase to 49 per cent the rate of trustee beneficiary non-disclosure tax where a share of the net income of a trust is distributed to the trustee of a closely held trust and there is no correct trustee beneficiary statement.
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