TOTAL RESULTS: 737

• Tax Laws Amendment (2005 Measures No. 1) Bill 2005

  Track (What's this?)

  Date

  10 Feb 2005 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Fringe Benefits Tax Assessment Act 1986

  in relation to exemptions for employer-provided remote area housing, relocation consultant costs and certain work-related items;

  Income Tax Assessment Act 1997

  to: set maximum periods over which deductions for the decline in value of buses, light commercial vehicles, trucks and truck trailers; and introduce a mature age worker tax offset; and

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

  to ensure that the goods and services tax applies to transactions involving non-residents who supply options or rights to things which are connected with Australia. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2005 Measures No. 2) Bill 2005

  Track (What's this?)

  Date

  17 Mar 2005 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  in relation to: the simplified imputation system; capital gains tax roll-over for registrable superannuation entities that merge under new superannuation safety arrangements; and the list of deductible gift recipients;

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to provide capital allowance deductions for certain telecommunications rights;

  Taxation Administration Act 1953

  to simplify transfer from annual to quarterly payment of pay as you go instalments for certain taxpayers;

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

  in relation to the goods and service tax and real property;

  Income Tax Assessment Act 1936

  in relation to tax treatment for superannuation annuities that have been split upon marriage breakdown; and

  Fringe Benefits Tax Assessment Act 1986

  in relation to exemption from fringe benefits tax for payments to worker entitlement funds. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2005 Measures No. 3) Bill 2005

  Track (What's this?)

  Date

  12 May 2005 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to increase flexibility for charitable funds, ancillary funds and prescribed private funds;

  Income Tax Assessment Act 1936

  to: reinstate the taxation of Australian companies with foreign branch income and gains from the operation of ships or aircraft in international traffic to that applying prior to the implementation of the

  New International Tax Arrangements (Participation Exemption and Other Measures) Act 2004

  ; and introduce a standard definition of a dependent child;

  Taxation Administration Act 1953

  to allow disclosure of relevant taxpayer information to the Corruption and Crime Commission of Western Australia; and

  Fringe Benefits Tax Assessment Act 1986

  to make a technical correction in relation to rebatable employer status of government institutions that are charitable institutions. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2005 Measures No. 4) Bill 2005

  Track (What's this?)

  Date

  23 Jun 2005 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to: introduce a 30 per cent tax offset for out-of-pocket child care expenses, to be known as the child care tax rebate, to a maximum of $4000; and update the list of deductible gift recipients;

  Income Tax Assessment Act 1936

  to expand the purposes for which business tax income information may be disclosed to the Australian Statistician; and

  A New Tax System (Wine Equalisation Tax) Act 1999

  to extend the wine equalisation tax rebate to New Zealand wine producers that export wine to Australia. Also makes consequential amendments to the

  A New Tax System (Family Assistance) (Administration) Act 1999

  and

  Taxation Administration Act 1953

  . 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2005 Measures No. 5) Bill 2005

  Track (What's this?)

  Date

  18 Aug 2005 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1936

  to: modify the foreign employment income exemption; and extend the operation of the 12-month rule for forestry managed investments to 30 June 2008;

  Income Tax Assessment Act 1997

  : to allow qualifying high budget television series to apply for the refundable film tax offset; and in relation to debt/equity rules;

  Income Tax Assessment Act 1997

  and 3 other Acts to clarify the operation of the consolidation regime;

  Income Tax (Transitional Provisions) Act 1997

  to make transitional arrangements in relation to the thin capitalisation regime; and

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  and

  New Business Tax System (Debt and Equity) Act 2001

  to make technical amendments in relation to debt/equity rules. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2005 Measures No. 6) Bill 2006

  Track (What's this?)

  Date

  07 Dec 2005 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Income Tax Assessment Act 1997

  to: clarify the operation of the consolidation regime; clarify that certain not-for-profit organisations are not subject to tax on mutual receipts; ensure continued child care tax offset eligibility for parents who work less than 15 hours a week; update the list of deductible gift recipients (DGR); and extend the period for which deductions are allowed for gifts to a certain fund that has time-limited DGR status; and the

  Income Tax Assessment Act 1936

  to exclude cosmetic procedures from the medical expenses offset. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2006 Measures No. 1) Bill 2006

  Track (What's this?)

  Date

  16 Feb 2006 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Fringe Benefits Tax Assessment Act 1986

  ,

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to provide foreign source income tax exemptions for temporary residents;

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to: allow deductions for certain business capital expenses and certain lease and licence-related payments; and amend the cost base for capital gains tax assets and cost rules for uniform capital allowances assets;

  Taxation Administration Act 1953

  and

  Income Tax Assessment Act 1997

  to: introduce a civil penalty regime to deter the promotion of tax avoidance and tax evasion schemes and the implementation of schemes in a materially different way to the relevant taxation product ruling; and provide for injunctions to stop promotion of schemes and enforcement of voluntary undertakings; and

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

  in relation to: goods and services tax (GST) and vouchers, including clarification that prepaid phone card products are “eligible vouchers” for the purposes of the Act; and GST attribution rules. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2006 Measures No. 2) Bill 2006

  Track (What's this?)

  Date

  29 Mar 2006 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to: exempt from income tax ex-gratia lump sum payments made to certain F-111 aircraft maintenance personnel; update the list of deductible gift recipients; extend the scope of what is considered to be a compulsory acquisition for capital gains tax and uniform capital allowance purposes; and rewrite the tax offsets priority rules;

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  in relation to: capital gains tax treatment of options; and franking deficit tax offset;

  Superannuation Guarantee (Administration) Act 1992

  in relation to choice of superannuation fund for employees of constitutional corporations; and 27 Acts to make technical corrections and minor amendments, including removing duplicated definitions, correcting asterisked defined terms, correcting numbering and referencing, updating outdated guide material and correcting typographical and drafting errors. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2006 Measures No. 3) Bill 2006

  Track (What's this?)

  Date

  25 May 2006 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Introduced with the New Business Tax System (Untainting Tax) Bill 2006, the bill amends the:

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to extend eligibility for the beneficiary tax offset to farmers and small business owners in receipt of Cyclone Larry and Cyclone Monica income support payments, and to drought affected taxpayers in receipt of interim income support payments;

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  ,

  Income Tax (Transitional Provisions) Act 1997

  and

  Taxation Administration Act 1953

  to ensure that a company’s share capital account will become tainted if it transfers certain amounts to that account;

  Income Tax Assessment Act 1997

  to: disregard for capital gains tax purposes any capital gain or capital loss resulting from government expense-reimbursing financial assistance; and establish five new deductible gift recipient categories; 6 Acts to provide an offset in respect of Medicare levy surcharge liability for taxpayers receiving an eligible lump sum payment in arrears;

  Superannuation Guarantee (Administration) Act 1992

  and

  Taxation Administration Act 1953

  to require superannuation providers to report details of superannuation contributions to the Australian Taxation Office;

  Fringe Benefits Tax Assessment Act 1986

  to exclude from reporting, fringe benefits provided to address certain employee personal security concerns;

  Income Tax Assessment Act 1936

  to prevent inappropriate use of pre-1 July 1988 superannuation funding credits;

  A New Tax System (Australian Business Number) Act 1999

  and

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

  to allow certain funds that raise money for other deductible gift recipients to obtain an Australian Business Number;

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

  to clarify goods and services tax charity and charitable retirement village concessions; and ensure that supplies of certain types of real property remain input taxed;

  Tax Laws Amendment (Improvements to Self Assessment) Act (No. 2) 2005

  to clarify that the reduced 4 year amendment period for income tax assessments involving tax avoidance applies from the 2004-05 financial year; and

  A New Tax System (Wine Equalisation Tax) Act 1999

  to increase the maximum amount of wine equalisation tax producer rebate claimable by a wine producer each financial year. Also provides tax-free status for certain payments to businesses adversely affected by Cyclone Larry and Cyclone Monica. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2006 Measures No. 4) Bill 2006

  Track (What's this?)

  Date

  22 Jun 2006 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to extend the marriage breakdown capital gains tax (CGT) roll-over to assets transferred under a binding financial agreement or an arbitral award;

  Income Tax (Transitional Provisions) Act 1997

  to clarify the interaction of the consolidation regime with the demerger rules;

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to amend the simplified imputation system to ensure that Australian companies receive franking credits attached to non-assessable non-exempt distributions from New Zealand companies; and

  Financial Corporations (Transfer of Assets and Liabilities) Act 1993

  ,

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  in relation to the CGT treatment of foreign residents. 

  Bill | Explanatory Memorandum