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TOTAL RESULTS: 164

• New Business Tax System (Consolidation and Other Measures) Bill 2003

  Track (What's this?)

  Date

  12 Dec 2002 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Introduced with the New Business Tax System (Venture Capital Deficit Tax) Bill 2002 and further to the

  New Business Tax System (Consolidation) Act (No. 1) 2002

  ,

  New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002

  and

  New Business Tax System (Consolidation and Other Measures) Act (No. 1) 2002

  , the bill amends the

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  and 5 other Acts to implement the final stage of the consolidation regime which commenced on 1 July 2002 in relation to consolidated groups (including the taxation of life insurance companies) and the simplified imputation system (including venture capital franking). Also contains transitional provisions and makes consequential amendments. 

  Bill | Explanatory Memorandum

• New Business Tax System (Consolidation) Bill (No. 1) 2002

  Track (What's this?)

  Date

  16 May 2002 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Income Tax Assessment Act 1997

  to introduce a consolidation regime for resident entities that comprise a wholly-owned corporate group. Also amends the

  Income Tax (Transitional Provisions) Act 1997

  in relation to transitional concessions available for transferred losses;

  Taxation Administration Act 1953

  in relation to pay as you go instalments for entities in consolidated groups; makes consequential amendments to the

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  ; and contains application and transitional provisions. 

  Bill | Explanatory Memorandum

• New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Bill 2002

  Track (What's this?)

  Date

  27 Jun 2002 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Further to the New Business Tax System (Consolidation) Bill (No. 1) 2002, the bill amends the:

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  ,

  Income Tax (Transitional Provisions) Act 1997

  and

  New Business Tax System (Consolidation) Act (No. 1) 2002

  to further implement the consolidation regime from 1 July 2002;

  Income Tax Assessment Act 1997

  to make consequential amendments in relation to imputation treatment of exempting entities and former exempting entities;

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to allow global company asset valuations in loss integrity measures;

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to introduce a general value shifting regime (in place of existing share value shifting and asset stripping rules), applying mainly to interests in controlled companies and trusts that are not consolidated which meet control or common ownership tests; and

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to provide capital gains tax relief for a demerger in certain circumstances. Also contains application, saving and transitional provisions. 

  Bill | Explanatory Memorandum

• New Business Tax System (Debt and Equity) Bill 2001

  Track (What's this?)

  Date

  28 Jun 2001 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasurer's portfolio 

  Bill | Explanatory Memorandum

• New Business Tax System (Franking Deficit Tax) Amendment Bill 2002

  Track (What's this?)

  Date

  26 Sep 2002 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Administration 

  Summary

  Amends the

  New Business Tax System (Franking Deficit Tax) Act 2002

  to make amendments consequential on the new simplified imputation system to facilitate the transitional determination of franking deficit tax liability for late balancing companies. 

  Bill | Explanatory Memorandum

• New Business Tax System (Franking Deficit Tax) Bill 2002

  Track (What's this?)

  Date

  30 May 2002 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Part of a package of three bills to introduce a simplified imputation system, the bill imposes a franking deficit tax on companies that over-impute franking credits when making franked distributions to shareholders. 

  Bill | Explanatory Memorandum

• New Business Tax System (Imputation) Bill 2002

  Track (What's this?)

  Date

  30 May 2002 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Part of a package of three bills to introduce a simplified imputation system, the bill amends the

  Income Tax Assessment Act 1997

  to implement the new system. Also amends the

  Income Tax Assessment Act 1936

  and

  Income Tax (Transitional Provisions) Act 1997

  to make transitional arrangements. 

  Bill | Explanatory Memorandum

• New Business Tax System (Integrity Measures) Bill 2000

  Track (What's this?)

  Date

  13 Apr 2000 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasurer's portfolio 

  Bill | Explanatory Memorandum

• New Business Tax System (Miscellaneous) Bill (No. 2) 2000

  Track (What's this?)

  Date

  13 Apr 2000 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasurer's portfolio 

  Bill | Explanatory Memorandum

• New Business Tax System (Miscellaneous) Bill (No.1) 2000

  Track (What's this?)

  Date

  09 Dec 1999 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasurer's portfolio 

  Summary

  (No. 1) 2000 

  Bill | Explanatory Memorandum