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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.

Indirect Tax Laws Amendment (Assessment) Bill 2012


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Taxation Administration Act 1953, proposed Minerals Resource Rent Tax (Consequential Amendments and Transitional Provisions) Act 2012 and eight other Acts to align the self actuating system for the goods and services tax, the luxury car tax, the wine equalisation tax and fuel tax credits with the self assessment system for income tax; A New Tax System (Goods and Services Tax) Act 1999 and Fuel Tax Act 2006 to allow the Commissioner of Taxation to make a determination allowing a taxpayer to account for errors in relation to net amounts or net fuel amounts for prior tax and fuel tax return periods, providing the error is corrected during the relevant period of review; A New Tax System (Goods and Services Tax) Act 1999, A New Tax System (Luxury Car Tax) Act 1999 and A New Tax System (Wine Equalisation Tax) Act 1999 to clarify the definition of ‘net amount’; and A New Tax System (Goods and Services Tax) Act 1999, Fuel Tax Act 2006, Income Tax Assessment Act 1997 and Taxation Administration Act 1953 to make technical amendments.

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 29/02/12  
Second reading moved 29/02/12  
Referred to Federation Chamber 13/03/12  
Second reading debate 13/03/12  
Second reading agreed to 13/03/12  
Reported from Federation Chamber 13/03/12  
Third reading agreed to 13/03/12  
     
Senate
Introduced and read a first time 14/03/12  
Second reading moved 14/03/12  
Second reading debate 21/03/12  
Second reading agreed to 21/03/12  
Third reading agreed to 21/03/12  
     
Text of bill as passed both Houses 21/03/12  
Assent 15/04/12 Act no.: 39 - Year: 2012
     

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes