Save Search
    Prev   Next   Return to results listPrint ListEmail Document Link

Title

BILLS

Tax Laws Amendment (Research and Development) Bill 2010, Income Tax Rates Amendment (Research and Development) Bill 2010

In Committee

Database

Senate Hansard

Date

23-08-2011

Source

Senate

Parl No.

43

Electorate

 

Interjector

 

Page

5163

Party

ALP

Presenter

 

Status

Final

Question No.

 

Questioner

 

Responder

 

Speaker

Carr, Sen Kim

Stage

In Committee

Type

 

Context

BILLS

System Id

chamber/hansards/48af2d83-d811-41d9-874b-d9e299d7e485/0016


Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Current HansardDownload Current Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Tuesday, 23 August 2011
Page: 5163


Senator CARR (Victoria—Minister for Innovation, Industry, Science and Research) (12:51): The problem with that approach is that it did not recognise that they were being claimed and they were viable under the existing arrangements. Because of the changes in administrative interpretation, they were quite clearly outside the policy intent of all players in this game at the political level. The problem is that under the old regime they were able to be made and there was an incredibly complex process of appeal. Nonetheless, those claims could be made. That is why this legislation is so important.

Question agreed to.

Bill, as amended, agreed to.

Income Tax Rates Amendment (Research and Development) Bill 2010

Bill—by leave—taken as a whole.