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A New Tax System (Tax Administration) Bill (No. 1) 2000
1998-99

1998-99

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

 

 

A New Tax System (Tax Administration) Bill (No. 2) 1999

 

No.      , 1999

 

(Treasury)

 

 

 

A Bill for an Act to implement A New Tax System by amending the law about taxation, and for related purposes

   

   



Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedule(s)......................................................................................... 3

Schedule 1—PAYG instalments and trusts                                                             4

Taxation Administration Act 1953                                                                            4

Schedule 2—Fringe benefits tax instalments                                                        15

Fringe Benefits Tax Assessment Act 1986                                                              15

Taxation Administration Act 1953                                                                          20

Schedule 3—Consequential amendments relating to collection and recovery rules           21

A New Tax System (Family Assistance) (Administration) Act 1999                  21

A New Tax System (Luxury Car Tax) Act 1999                                                      21

A New Tax System (Tax Administration) Act 1999                                               21

A New Tax System (Wine Equalisation Tax) Act 1999                                        21

Fringe Benefits Tax Assessment Act 1986                                                              22

Higher Education Funding Act 1988                                                                     22

Income Tax Assessment Act 1936                                                                             23

Income Tax Assessment Act 1997                                                                             26

Petroleum Resource Rent Tax Assessment Act 1987                                            27

Social Security Act 1991                                                                                           28

Social Security (Administration) Act 1999                                                            28

Student Assistance Act 1973                                                                                    28

Superannuation Contributions Tax (Assessment and Collection) Act 1997 29

Superannuation Contributions Tax (Members of Constitutionally Protected Superannuation Funds) Assessment and Collection Act 1997                                                                                                   29

Taxation Administration Act 1953                                                                          29

Termination Payments Tax (Assessment and Collection) Act 1997                  31

Tobacco Charges Assessment Act 1955                                                                 32

Trust Recoupment Tax Assessment Act 1985                                                         32

Veterans’ Entitlements Act 1986                                                                             32

Wool Tax (Administration) Act 1964                                                                      33

Schedule 4—Miscellaneous amendments                                                                34

A New Tax System (Indirect Tax Administration) Act 1999                                34

A New Tax System (Pay As You Go) Act 1999                                                       34

Income Tax Assessment Act 1936                                                                             34

Income Tax Assessment Act 1997                                                                             36

Taxation Administration Act 1953                                                                          37

Schedule 5—Consequential amendment of Chapter 6 (the Dictionary) of the Income Tax Assessment Act 1997                                                                                                                  44

 



A Bill for an Act to implement A New Tax System by amending the law about taxation, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the A New Tax System (Tax Administration) Act (No. 2) 1999 .

2   Commencement

             (1)  Subject to this section, this Act commences, or is taken to have commenced, immediately after the commencement of section 1 of the A New Tax System (Tax Administration) Act 1999 .

             (2)  Schedule 2 commences on 1 April 2001.

             (3)  Item 34 of Schedule 3 commences, or is taken to have commenced, on 1 July 2000, immediately after the commencement of item 49 of Schedule 11 to the A New Tax System (Tax Administration) Act 1999 .

             (4)  Item 35 of Schedule 3 commences, or is taken to have commenced, on 1 July 2000, immediately after the commencement of item 58 of Schedule 11 to the A New Tax System (Tax Administration) Act 1999 .

             (5)  Items 46 and 47 of Schedule 3 commence, or are taken to have commenced:

                     (a)  immediately after the commencement of item 6 of Schedule 2 to the Youth Allowance Consolidation Act 1999 ; or

                     (b)  immediately after the commencement of section 1 of the A New Tax System (Tax Administration) Act 1999 ;

whichever is the later.

             (6)  Item 48 of Schedule 3 commences, or is taken to have commenced:

                     (a)  on 20 March 2000; or

                     (b)  immediately after the commencement of section 1 of the A New Tax System (Tax Administration) Act 1999 ;

whichever is the later.

             (7)  Item 68 of Schedule 3 commences, or is taken to have commenced, immediately after the commencement of Schedule 12 to the A New Tax System (Tax Administration) Act 1999 .

             (8)  Items 39, 40, 52, 53, 73 and 74 of Schedule 3 commence, or are taken to have commenced, on 1 July 2000.

             (9)  Item 1 of Schedule 4 to this Act commences, or is taken to have commenced, on 1 July 2000, immediately before the commencement of Schedule 1 to the A New Tax System (Indirect Tax Administration) Act 1999 .

           (10)  Items 4 to 9 of Schedule 4 to this Act commence, or are taken to have commenced, on 1 July 2000, immediately after the commencement of the amendments of the Income Tax Assessment Act 1936 made by Part 1 of Schedule 5 to the A New Tax System (Tax Administration) Act 1999 .

3   Schedule(s)

                   Subject to section 2, each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.