Second Reading Speeches

Treasury Laws Amendment (Enterprise Tax Plan No. 2) Bill 2017

Originating house
House of Representatives
Not Proceeding
Parliament no

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Further to the

Treasury Laws Amendment (Enterprise Tax Plan) Act 2017
, the bill amends the:
Income Tax Rates Act 1986
to: progressively extend the lower 27.5 per cent corporate tax rate to all corporate tax entities by the 2023-24 financial year; and further reduce the corporate tax rate in stages so that by the 2026 27 financial year, the corporate tax rate for all entities will be 25 per cent; and
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997
Treasury Laws Amendment (Combating Multinational Tax Avoidance) Act 2017
Treasury Laws Amendment (Enterprise Tax Plan) Act 2017
to make consequential amendments.

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