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TOTAL RESULTS: 736

• Tax Agent Services (Transitional Provisions and Consequential Amendments) Bill 2009

  Track (What's this?)

  Date

  24 Jun 2009 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Consequent on the

  Tax Agent Services Act 2009

  , the bill: amends eight Acts; and provides for transitional arrangements for certain entities providing tax agent services before the commencement of the

  Tax Agent Services Act 2009

  . 

  Bill | Explanatory Memorandum

• Tax Agent Services Bill 2009

  Track (What's this?)

  Date

  13 Nov 2008 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  The bill: establishes a national Tax Practitioners Board as a statutory authority within the Australian Taxation Office; requires certain entities that provide tax agent services and Business Activity Statement (BAS) services to be registered; introduces a Code of Professional Conduct to govern tax and BAS agents; provides for disciplinary sanctions to be imposed by the Board; and replaces criminal penalties for certain misconduct by agents and unregistered entities with civil penalties and injunctions. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2012 Measures No. 1) Bill 2012

  Track (What's this?)

  Date

  01 Mar 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

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

  to provide: that a supply made by a health care provider to an insurer, statutory compensation scheme operator, compulsory third party scheme operator or a government entity is treated as GST-free supply; and that non-commercial activities of government related entites are not subject to GST;

  Income Tax Assessment Act 1997

  to pause the indexation of the superannuation concessional contributions cap during the 2013-14 financial year;

  Income Tax Assessment Act 1997

  ,

  Superannuation (Government Co-contribution for Low Income Earners) Act 2003

  ,

  Taxation Administration Act 1953

  and

  Taxation (Interest on Overpayments and Early Payments) Act 1983

  to allow eligible individuals the option to have excess concessional contributions taken out of their superannuation fund and assessed at their marginal tax rates;

  Taxation Administration Act 1953

  to: permit the Australian Taxation Office to disclose individual’s superannuation information to superannuation entities and their administrators for certain purposes; and provide the Commisioner of Taxation with a discretion to delay refunding an amount to a taxpayer pending integrity checks of their claim; and

  Superannuation Industry (Supervision) Act 1993

  to require employers to report, on payslips, any information prescribed in the regulations about superannuation contributions. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2013 Measures No. 1) Bill 2013

  Track (What's this?)

  Date

  13 Feb 2013 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends: the

  Income Tax Assessment Act 1997

  ,

  Superannuation (Departing Australia Superannuation Payments Tax) Act 2007

  and

  Superannuation (Unclaimed Money and Lost Members) Act 1999

  to provide that income tax is generally not payable on the interest paid by the Commonwealth on unclaimed money from 1 July 2013; the

  Fringe Benefits Tax Assessment Act 1986

  to: align the airline transport fringe benefits rules with the in-house property and in-house residual fringe benefit provisions; and update the method for determining the taxable value of airline transport fringe benefits; the

  Income Tax Assessment Act 1997

  to enable participants in the Sustainable Rural Water Use and Infrastructure Program to choose to make payments they derive under the program free of income tax, with expenditure related to infrastructure improvements required under the program then being non-deductible; the

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  ,

  Income (Transitional Provisions) Act 1997

  and

  Taxation Administration Act 1953

  to: enable corporate tax entities to carry-back losses to previous income years; and make consequential amendments; and 18 Acts to make technical amendments. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2013 Measures No. 2) Bill 2013

  Track (What's this?)

  Date

  20 Mar 2013 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to: define ‘documentary’ in accordance with the Australian Communications and Media Authority’s guidelines; clarify that game shows are ineligible for film tax offsets; and update the list of deductible gift recipients;

  Income Tax Assessment Act 1997

  ,

  Tax Laws Amendment (2011 Measures No. 1) Act 2011

  and

  Tax Laws Amendment (2012 Measures No. 1) Act 2012

  to exempt from income tax certain ex-gratia payments made in relation to natural disasters during the 2011-12 and 2012-13 financial years;

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

  to enable entities who currently pay their goods and services tax by instalments to continue to do so if they move into a net refund position;

  Superannuation Industry (Supervision) Act 1993

  to require trustees to establish and implement procedures in relation to the consolidation of multiple member accounts;

  Superannuation (Government Co-contribution for Low Income Earners) Act 2003

  to reduce the amount of superannuation co-contribution available from the 2012-13 financial year;

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to consolidate dependency tax offsets into the Dependant (Invalid and Carer) Tax Offset from 1 July 2012; and

  Income Tax Assessment Act 1997

  and

  Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009

  to clarify the operation of the taxation of financial arrangements regime. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2014 Measures No. 1) Bill 2014

  Track (What's this?)

  Date

  26 Feb 2014 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Superannuation Industry (Supervision) Act 1993

  to provide that a person must not promote a scheme that has resulted in a payment being made from a regulated superannuation fund otherwise than as prescribed by payment standards and impose a civil penalty for any contravention;

  Superannuation Industry (Supervision) Act 1993

  and

  Taxation Administration Act 1953

  to provide the power to give directions and impose administrative penalties for contraventions relating to self managed superannuation funds;

  Income Tax Assessment Act 1936

  to phase out the net medical expenses tax offset by the end of the 2018-19 income year; and

  Income Tax Assessment Act 1997

  to update the list of deductible gift recipients; and

  Fringe Benefits Tax Assessment Act 1986

  ,

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2014 Measures No. 2) Bill 2014

  Track (What's this?)

  Date

  29 May 2014 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Medicare Levy Act 1986

  to increase the Medicare levy low-income threshold amounts for families and the dependent child-student component of the threshold from the 2013-14 financial year;

  Income Tax Assessment Act 1936

  to ensure outcomes are preserved in relation to tax assessments where taxpayers have self-assessed on the basis of certain announced taxation measures which have been discontinued;

  Income Tax Assessment Act 1997

  to limit the ability of taxpayers who obtain additional franking credits as a result of ‘dividend washing’ to obtain a tax benefit; and

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  and

  Medicare Levy Act 1986

  to make technical amendments. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2014 Measures No. 3) Bill 2014

  Track (What's this?)

  Date

  29 May 2014 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Income Tax Assessment Act 1997

  to limit immediate deductibility of expenditure on mining rights and mining information first used for exploration. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2014 Measures No. 4) Bill 2014

  Track (What's this?)

  Date

  17 Jul 2014 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to: amend the statutory debt limits for the thin capitalisation rules; increase the

  de minimis

  threshold for thin capitalisation limits; provide for a new gearing debt test for inbound investors; prevent the double counting of certain non-taxable Australian real property assets that can distort the application of the Principal Asset Test; and clarify the meaning of ‘permanent establishment’;

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to make non-portfolio returns on equity to Australian resident companies exempt of Australian income tax;

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to require taxpayers to be issued with an annual tax receipt for the income tax assessed to them; and 15 Acts to make style changes, repeal redundant provisions, correct anomalous outcomes and make technical corrections. 

  Bill | Explanatory Memorandum

• Tax and Superannuation Laws Amendment (2014 Measures No. 5) Bill 2014

  Track (What's this?)

  Date

  04 Sep 2014 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to abolish the mature age worker tax offset;

  Income Tax Assessment Act 1997

  and

  Shipping Reform (Tax Incentives) Act 2012

  to abolish the seafarer tax offset; and

  Income Tax Assessment Act 1997

  to: reduce the tax offset rates available under the research and development tax incentive by 1.5 per cent; and update the list of deductible gift recipients. 

  Bill | Explanatory Memorandum