Part of a package of 15 bills to implement a three-year progressive budget repair levy, the bill amends the Family Trust Distribution Tax (Primary Liability) Act 1998 to increase to 49 per cent the rate of family trust distribution tax.
No proposed amendments have been circulated.
No documents at present
Circulated by members and senators when they propose to make changes to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).
Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.