- Date
-
26 Sep 2002
- Chamber
-
House of Representatives
- Status
-
Act
-
Portfolio
-
Treasury
- Summary
-
Further to the
New Business Tax System (Consolidation) Act (No. 1) 2002
and proposed New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002
, the bill amends the Income Tax Assessment Act 1936
, Income Tax Assessment Act 1997
and Income Tax (Transitional Provisions) Act 1997
to further implement the consolidation regime which commenced on 1 July 2002. Also contains application and transitional provisions and makes consequential amendments to the Financial Corporations (Transfer of Assets and Liabilities) Act 1993
, Income Tax Assessment Act 1936
, Income Tax Assessment Act 1997
, Taxation Administration Act 1953
and Wool Services Privatisation Act 2000
.