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Bills of previous Parliaments

Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

Tax Laws Amendment (2004 Measures No. 4) Bill 2004


Type
Government
Originating house
House of Representatives
Status
Not Proceeding
Portfolio
Treasury

Summary

Amends the: Income Tax Assessment Act 1997 and Income Tax (Transitional Provisions) Act 1997 to clarify the operation of the consolidation regime and the interaction of the regime with other areas of the tax law; Income Tax Assessment Act 1997, Income Tax (Transitional Provisions) Act 1997 and Taxation Administration Act 1953 to ensure that: copyright collecting societies are not taxed on copyright income they collect on behalf of members; and non-copyright income under prescribed limits is tax exempt; Income Tax Assessment Act 1936, Income Tax Assessment Act 1997, Taxation Administration Act 1953 and Taxation Laws Amendment Act (No. 8) 2003 to: further implement the simplified imputation system, including anti-avoidance rules in relation to exempt entities that are eligible for a refund of imputation credits; and to replace and update certain references and terminology; and Income Tax Assessment Act 1997 to: certain fire and emergency service bodies and other entities as specifically-listed deductible gift recipients; and extend an existing transitional rule in the debt/equity rules for at-call loans to 30 June 2005. Also contains application provisions.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 24/06/04  
Second reading moved 24/06/04  
Second reading agreed to 11/08/04  
Third reading agreed to 11/08/04  
     
Senate
Introduced and read a first time 12/08/04  
Second reading moved 12/08/04  
Lapsed at end of Parliament 16/11/04  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Correction to Explanatory Memorandum

MS-Word PDF HTML
  • Explanatory Memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes