TOTAL RESULTS: 737

• Tax and Superannuation Laws Amendment (2014 Measures No. 6) Bill 2014

  Track (What's this?)

  Date

  30 Oct 2014 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends: the

  Income Tax Assessment Act 1997

  to extend the existing business restructure roll overs available where a member of a company or unitholder in a unit trust can defer the income tax consequences of transactions that occur in the course of a business restructure; the

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to ensure that foreign pension funds can access the managed investment trust withholding tax regime and the associated lower rate of withholding tax on income from eligible Australian investments; the

  Income Tax Assessment Act 1936

  to provide an exemption from tax on income derived by certain entities engaged by the Government of the United States of America in connection with Force Posture Initiatives in Australia; the

  Fuel Tax Act 2006

  and Energy Grants (Cleaner Fuels) Scheme Regulations 2004 to: ensure that changes to the amount of excise and excise-equivalent customs duty payable as a result of tariff proposals are taken into account in calculating fuel tax credits and the cleaner fuels grant for biodiesel and renewable diesel; and five Acts to make consequential and technical amendments. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2014 Measures No. 7) Bill 2014

  Track (What's this?)

  Date

  04 Dec 2014 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Introduced with the Excess Exploration Credit Tax Bill 2014, the bill amends: the

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to provide individuals with an option to be taxed on the earnings associated with their excess superannuation non concessional contribution at their marginal tax rate; the

  Inspector-General of Taxation Act 2003

  and

  Ombudsman Act 1976

  to transfer the tax investigative and complaint handling functions of the Commonwealth Ombudsman to the Inspector-General of Taxation and merge that function with the existing function of conducting systemic reviews; the

  Income Tax Assessment Act 1997

  in relation to capital gains tax exemption for certain compensation or damages; the

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to ensure that individuals whose superannuation benefits are involuntarily transferred from one superannuation plan to another plan are not disadvantaged through the transfer; the

  Taxation Administration Act 1953

  to: remove the need for a roll-over benefit statement to be provided to an individual whose superannuation benefits are involuntarily transferred; and allow taxation officers to record or disclose personal information in certain circumstances; the

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to provide for an exploration development tax incentive for investment in small mineral exploration companies undertaking greenfields mineral exploration;

  Income Tax Assessment Act 1936

  ,

  Tax Agent Services Act 2009

  and

  Taxation Administration Act 1953

  to make consequential amendments; and 16 Acts to make technical amendments. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2015 Measures No. 1) Bill 2015

  Track (What's this?)

  Date

  27 May 2015 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  ,

  Medicare Levy Act 1986

  and

  Tax and Superannuation Laws Amendment (2014 Measures No. 1) Act 2014

  to abolish the dependent spouse tax offset;

  Income Tax Assessment Act 1936

  in relation to the offshore banking unit regime;

  Income Tax Assessment Act 1997

  to exempt the Global Infrastructure Hub Ltd from income tax liability;

  Income Tax Assessment Act 1997

  and

  Tax and Superannuation Laws Amendment (2013 Measures No. 2) Act 2013

  to update the list of deductible gift recipients; 16 Acts to make technical and miscellaneous amendments; and

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to enable foreign entities to qualify for concessions under the investment manager regime either by investing directly in Australia or investing through an Australian fund manager. Also repeals the

  First Home Saver Account Providers Supervisory Levy Imposition Act 2008

  ,

  First Home Saver Accounts Act 2008

  and

  Income Tax (First Home Saver Accounts Misuse Tax) Act 2008

  and makes consequential amendments to 18 Acts to abolish the first home saver accounts scheme. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2015 Measures No. 2) Bill 2015

  Track (What's this?)

  Date

  24 Jun 2015 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to: provide tax relief to taxpayers entering into certain arrangements in relation to mining, quarrying and prospecting rights and information; and amend the company loss recoupment rules;

  Income Tax Assessment Act 1997

  to extend the effective life of in-house software from four to five years; and

  Income Tax Assessment Act 1997

  ,

  Income Tax (Transitional Provisions) Act 1997

  and

  Taxation Administration Act 1953

  to provide income tax look-through treatment for instalment warrants, instalment receipts, and other similar arrangements, and for certain limited recourse borrowing arrangements entered into by regulated superannuation funds. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2015 Measures No. 3) Bill 2015

  Track (What's this?)

  Date

  27 May 2015 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the

  Income Tax Assessment Act 1997

  and

  Shipping Reform (Tax Incentives) Act 2012

  to abolish the seafarer tax offset; and the

  Income Tax Assessment Act 1997

  to reduce the tax offset rates available under the research and development tax incentive for the first $100 million of eligible expenditure by 1.5 per cent. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2015 Measures No. 4) Bill 2015

  Track (What's this?)

  Date

  20 Aug 2015 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to ensure that capital gains tax scrip for scrip roll-over rules apply appropriately;

  Income Tax Assessment Act 1936

  to remove the income tax exemption for employees of an Australian government agency who work overseas for not less than 91 days delivering Official Development Assistance; and

  Superannuation (Unclaimed Money and Lost Members) Act 1999

  to increase the account balance threshold below which small lost member accounts must be transferred to the Commissioner of Taxation. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2015 Measures No. 5) Bill 2015

  Track (What's this?)

  Date

  15 Oct 2015 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to: reduce the methods for calculating work-related car expense deductions to include the logbook method and the cents per kilometre method; and provide for a single rate for the calculation of the cents per kilometre method to be determined by the Commissioner of Taxation;

  Income Tax Assessment Act 1936

  to restrict the application of the Zone Tax Offset to people whose usual place of residence is within a zone or a prescribed area within a zone;

  Fringe Benefits Tax Assessment Act 1936

  to limit the concessional treatment of salary packaged entertainment benefits;

  Taxation Administration Act 1953

  to create a new reporting regime which requires third parties to report to the commissioner on certain transactions which could reasonably be expected to have tax consequences for other entities; and

  Fringe Benefits Tax Assessment Act 1986

  ,

  Income Tax Assessment Act 1997

  ,

  Tax Agent Services Act 2009

  and

  Taxation Administration Act 1953

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2015 Measures No. 6) Bill 2015

  Track (What's this?)

  Date

  03 Dec 2015 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Income Tax Assessment Act 1997

  to change the capital gains tax treatment of the sale and purchase of businesses involving certain earnout rights (rights to future payments linked to the performance of an asset or assets after sale); and the

  Taxation Administration Act 1953

  to impose withholding obligations on the purchasers of certain Australian assets. Also makes consequential amendments to five Acts. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2016 Measures No. 1) Bill 2016

  Track (What's this?)

  Date

  10 Feb 2016 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  A New Tax System (Goods and Services Tax) Act 1999

  to ensure that the goods and services tax (GST) is applied consistently to all supplies of digital products and other imported services to Australian consumers; and relieve non-resident suppliers of the obligation to account for GST on certain supplies;

  A New Tax System (Australian Business Number) Act 1999

  ,

  A New Tax System (Goods and Services Tax) Act 1999

  and

  Taxation Administration Act 1953

  to make consequential amendments;

  Income Tax Assessment Act 1997

  to increase the maximum amount that can be held in farm management deposits (FMDs) by a primary producer to $800 000; and enable certain primary producers experiencing severe drought conditions to withdraw an amount that has been held in an FMD for less than 12 months;

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to enable FMDs to be used to offset loans or other debts; and

  Income Tax Assessment Act 1997

  to make a technical amendment. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2016 Measures No. 2) Bill 2016

  Track (What's this?)

  Date

  14 Sep 2016 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to establish a remedial power so that the Commissioner of Taxation can make a disallowable legislative instrument to modify the operation of a taxation law in certain circumstances;

  Income Tax Assessment Act 1997

  to enable primary producers to access income tax averaging 10 income years or more after they opted out; and

  A New Tax System (Luxury Car Tax) Act 1999

  to provide an exemption from luxury car tax to certain public institutions that import or acquire luxury cars for the sole purpose of public display. Also makes technical amendments to 10 Acts and repeals 45 excise Acts and the

  Income Tax (War-time Arrangements) Act 1942

  . 

  Bill | Explanatory Memorandum