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TOTAL RESULTS: 277

• Tax Laws Amendment (Luxury Car Tax) Bill 2008

  Track (What's this?)

  Date

  26 May 2008 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Part of a package of four bills to increase the luxury car tax rate from 1 July 2008, the bill amends the

  A New Tax System (Luxury Car Tax) Act 1999

  to increase the tax rate from 25 per cent to 33 per cent. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2008 Measures No. 2) Bill 2008

  Track (What's this?)

  Date

  20 Mar 2008 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  in relation to: amounts misappropriated by an employee or agent; the capital gains tax market value substitution rule for interests in certain companies and trusts; exempting from income tax the Endeavour Executive Award and research fellowships under the Awards program; early completion bonuses for apprentices; the list of deductible gift recipients; deductions for capital expenditure for the establishment of trees in carbon sink forests; tax-free grants under the Tobacco Growers Adjustment Assistance Programme 2006 to certain tobacco growers; and income tax exemptions for rent assistance paid to Austudy recipients and Carer Adjustment Payment recipients;

  Superannuation Guarantee (Administration) Act 1992

  in relation to extending the superannuation guarantee late payment offset;

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  in relation to tax-free superannuation lump sums paid to persons with a terminal medical condition;

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  in relation to extensions of the beneficiary tax offset to the Equine Workers Hardship Wage Supplement Payment; and

  Income Tax Assessment Act 1936

  in relation to the farm management deposit scheme. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (Personal Income Tax Reduction) Bill 2008

  Track (What's this?)

  Date

  14 Feb 2008 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Rates Act 1986

  to increase the threshold for the 30 per cent marginal tax rate (from 1 July 2008) and phase-in a decrease to the 40 per cent marginal tax rate commencing 1 July 2009;

  Income Tax Assessment Act 1936

  to increase the maximum amount of low income tax offset; and

  Medicare Levy Act 1986

  to increase the income threshold that applies to taxpayers who are eligible for the senior Australians tax offset. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2008 Measures No. 1) Bill 2008

  Track (What's this?)

  Date

  13 Feb 2008 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  in relation to: removing tax deductibility for contributions and gifts to political parties, members and candidates; and extensions of the beneficiary tax offset to the Equine Workers Hardship Wage Supplement Payment;

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  in relation to tax-free superannuation lump sums paid to persons with a terminal medical condition;

  Income Tax Assessment Act 1997

  in relation to: deductions for capital expenditure for the establishment of trees in carbon sink forests; and tax-free grants under the Tobacco Growers Adjustment Assistance Programme 2006 to certain tobacco growers; and

  Income Tax Assessment Act 1936

  in relation to the farm management deposit scheme. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (Taxation of Financial Arrangements) Bill 2007

  Track (What's this?)

  Date

  20 Sep 2007 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the

  Income Tax Assessment Act 1997

  to: define ‘financial arrangement’ and sets out methods under which gains and losses from financial arrangements will be brought to account for tax purposes; and makes consequential amendments to the

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  ,

  New Business Tax System (Taxation of Financial Arrangements) Act (No. 1) 2003

  , and

  Taxation Administration Act 1953

  . 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2007 Measures No. 6) Bill 2007

  Track (What's this?)

  Date

  13 Sep 2007 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the taxation laws in relation to: tax-exempt asset financing; thin capitalisation; capital gains tax marriage breakdown roll-over; income tax exemptions for the Prime Minister’s Prize for Australian History and Prize for Science; same business test cap removal; partial capital gains tax roll-over for statutory licenses; Australian property trusts and stapled securities; deductible gift recipients; film production offsets; tax deductibility for certain Australian research and development activities; and establishes Innovation Australia to administer innovation and venture capital programs. 

  Bill | Explanatory Memorandum

• Trade Practices Amendment (Small Business Protection) Bill 2007

  Track (What's this?)

  Date

  15 Aug 2007 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the

  Trade Practices Act 1974

  to enable the Australian Competition and Consumer Commission to take legal action on behalf of persons who have suffered or are likely to suffer loss or damage as a result of unlawful secondary boycotts. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2007 Measures No. 4) Bill 2007

  Track (What's this?)

  Date

  21 Jun 2007 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Part of a package of three bills, the bill amends the taxation laws in relation to: foreign income tax offset rules; capital gains tax roll-over for medical defence organisations; superannuation funds investment in instalment warrants; updating the list of deductible gift recipients; increasing family trust flexibility; trustee beneficiary reporting rules; the transition to the simplified superannuation regime; and makes technical and other amendments in relation to: income tax deductibility for gifts to certain scholarship funds; the formula for the fringe benefit tax depreciation rate for a car; tax file number withholding from payments to certain exempt entities; and capital gains tax exemption for certain organisations. Also repeals the

  A New Tax System (Ultimate Beneficiary Non-disclosure Tax) Act (No. 1) 1999

  and

  A New Tax System (Ultimate Beneficiary Non-disclosure Tax) Act (No. 2) 1999

  . 

  Bill | Explanatory Memorandum

• Taxation (Trustee Beneficiary Non-disclosure Tax) Bill (No. 1) 2007

  Track (What's this?)

  Date

  21 Jun 2007 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Part of a package of three bills to amend the taxation laws, the bill imposes a trustee beneficiary non-disclosure tax at the rate of 46.5 per cent on the untaxed part of a share of the trust’s net income if the trustee fails to make a correct trustee beneficiary statement. 

  Bill | Explanatory Memorandum

• Taxation (Trustee Beneficiary Non-disclosure Tax) Bill (No. 2) 2007

  Track (What's this?)

  Date

  21 Jun 2007 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Part of a package of three bills to amend the taxation laws, the bill imposes a trustee beneficiary non-disclosure tax at the rate of 46.5 per cent on a share or part of a share of the trust’s net income if the trustee of a closely held trust becomes presently entitled to income attributable to the share (or part of it). 

  Bill | Explanatory Memorandum