- Date
-
27 May 2015
- Chamber
-
House of Representatives
- Status
-
Not Proceeding
-
Portfolio
-
Treasury
- Summary
-
Amends the
Income Tax Assessment Act 1997
and Shipping Reform (Tax Incentives) Act 2012
to abolish the seafarer tax offset; and the Income Tax Assessment Act 1997
to reduce the tax offset rates available under the research and development tax incentive for the first $100 million of eligible expenditure by 1.5 per cent.