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

Previous Fragment    Next Fragment
Wednesday, 8 December 1976

Mr LYNCH -The area of State death duties and Commonwealth estate duty is, of course, an area in which personal hardship has abounded and does abound at the present time. In that context the Government made it very clear in the election campaign that it would move to make significant amendments in this area. Those amendments were included in the Budget Speech. They were very significant in reducing the considerable degree of hardship faced by people as a consequence of the imposition of Commonwealth estate duty. However, the honourable gentleman raises the question of the changes which have taken place both in Queensland and in other States. Yes, the matter will be examined, as to both the level of Commonwealth estate duty and the basis of it. That examination will be made by the Government in its overall review of the tax system.

Suggest corrections