Treasury Laws Amendment (Tax Integrity and Other Measures) Bill 2018

Originating house
House of Representatives
Parliament no

Track (What's this?)



Amends the: Income Tax Assessment Act 1936 to provide that, when determining if the multinational anti-avoidance law applies to a scheme, supplies made and income received by a closely related trust or partnership are treated as being made or received by a foreign entity; Income Tax Assessment Act 1997 to: include additional conditions that must be satisfied to apply the small business capital gains tax concessions to capital gains; and provide an income tax exemption for payments made under the Defence Force Ombudsman Scheme in relation to abuse by Australian Defence Force personnel; and Income Tax Assessment Act 1997, Taxation Administration Act 1953 and Venture Capital Act 2002 to ensure that venture capital investment tax concessions are available for investments in fintech businesses.


House of Representatives
Introduced and read a first time 28 Mar 2018
Second reading moved 28 Mar 2018
Second reading debate 10 May 2018
Second reading agreed to 10 May 2018
Third reading agreed to 10 May 2018
Introduced and read a first time 18 Jun 2018
Second reading moved 18 Jun 2018
Second reading debate 19 Sep 2018
Second reading debate 20 Sep 2018
Second reading agreed to 20 Sep 2018
Committee of the Whole debate
  • Amendment details: 2 Opposition agreed to
20 Sep 2018
Third reading agreed to 20 Sep 2018
House of Representatives
Consideration of Senate message
  • Details: House agreed to Senate amendments
20 Sep 2018
Finally passed both Houses 20 Sep 2018
  • Act no: 124
  • Year: 2018
03 Oct 2018

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments


Schedules of amendments

Bills digest


Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changes to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

Aboriginal and Torres Strait Islander people are advised that this website may contain images and voices of deceased people.