Second Reading Speeches

Superannuation (Departing Australia Superannuation Payments Tax) Amendment Bill 2016

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
45

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Summary

Part of a package of four bills in relation to tax arrangements for working holiday makers, the bill amends the

Superannuation (Departing Australia Superannuation Payments Tax) Act 2007
to increase the rate of the departing Australia superannuation payments tax to 95 per cent for working holiday makers.