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Notice given 30 April 2007

3174  Senator Carr: To ask the Minister for Justice and Customs—With reference to the actual and estimated tariff revenue from textiles, clothing and footwear imports for each up the financial years from 2004-05 to 2009-10, detailed in Table D2 of the 2006-07 Budget Paper No. 1 (p. 38), can a breakdown be provided of these figures for: (a) clothing and finished textiles; (b) cotton sheeting, fabric, carpet and footwear; and (c) sleeping bags, table linen and footwear parts.

3175  Senator Carr: To ask the Minister representing the Minister for Revenue and Assistant Treasurer—With reference to the Tax Expenditures Statements for 2005 and 2006:

(1) Why have the estimates of revenue forgone under the research and development (R&D) tax concession (B53 in the 2005 report and B57 in the 2006 report) been substantially reduced between each of the statements for each of the financial years from 2002-03 to 2004-05.

(2) Why have the forward estimates of revenue forgone under the R&D tax concession been substantially reduced between each of the statements for each of the financial years from 2006-07 to 2009-10.

(3) Can details be provided of the parameter changes underlying the R&D tax concession that have led to the reduced estimates described in paragraphs (1) and (2).

(4) Can details be provided of the parameter changes underlying the amendments to estimates of revenue forgone under the premium tax concession for additional R&D expenditure (B54 in the 2005 report and B58 in the 2006 report) for each of the financial years from: (a) 2002-03 to 2004-05; and (b) 2006-07 to 2008-09.

3176  Senator Carr: To ask the Minister representing the Minister for Revenue and Assistant Treasurer—With reference to the 125 per cent research and development (R&D) tax concession and the premium tax concession for additional R&D expenditure:

 

 (1)  What sources of information are used to predict take-up of each of the concessions and the expenditure by firms on eligible R&D initiatives.

(2) (a) In the 2005-06 financial year, how many firms claimed each of the concessions; and (b) how did these numbers differ from estimates made by Treasury or the Australian Tax Office prior to the 2005-06 financial year.

(3) For the 2006-07 financial year, what is the expected change in the number of firms claiming each of the concessions.

3177  Senator Carr: To ask the Minister representing the Minister for Revenue and Assistant Treasurer—With reference to the research and development (R&D) refundable tax offset for small companies:

(1) (a) For each of the financial years from 2002-03 to 2005-06, what was the actual expenditure on the tax offset; and (b) for each of the financial years from 2006-07 to 2009-10, what is the estimated expenditure on the tax offset.

(2) Can details be provided of any parameter changes that have affected estimates for this program from the financial years 2002-03 to 2006-07.

(3) What is the estimated change in the number of companies accessing the concession for each year of the forward estimates.

(4) What sources of information are used to predict take-up of the tax offset and the expenditure by firms on eligible R&D initiatives.