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Monday, 16 June 2003
Page: 16563


Mr Murphy asked the Attorney-General, upon notice, on 6 March 2003:

(1) In respect to the Commissioner of Taxation's Annual Report 2000-01 where it was reported on page 64 that the Attorney-General and the Assistant Treasurer had established a bankruptcy taskforce to determine any changes needed to bankruptcy, taxation or other laws to ensure that members of the legal profession may not use bankruptcy as a means of avoiding their tax obligations; what recommendations has the taskforce made to date.

(2) Have any recommendations been implemented; if so, what are the details, if not, why not.


Mr Williams (Attorney-General) —The answer to the honourable member's question is as follows:

(1) On 2 May the Assistant Treasurer and I issued a statement which outlines progress to date on the Taskforce recommendations. The table attached to that statement sets out the recommendations and the action taken in respect of each of them. The statement may be found at www.law.gov.au/olsc or www.itsa.gov.au

(2) See my answer above.