Summary
Amends the:
International Tax Agreements Act 1953
to give legislative authority to a protocol amending the existing agreement between Australia and New Zealand in relation to double taxation and the prevention of income tax evasion;
Income Tax Assessment Act 1997
,
Taxation Administration Act 1953
and
Taxation (Interest on Overpayments and Early Payments) Act 1983
to provide a framework for the Australian Commissioner of Taxation to provide assistance in the collection of foreign tax debts; and
International Tax Agreements Act 1953
and
Taxation Administration Act 1953
to provide a framework for the exchange of information on tax matters with other jurisdictions.