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Title

Schedule 1—Amendments

Database

Bills & Legislation

Long Title

a Bill for an Act to amend the law relating to taxation, and for related purposes

Date

01-06-2017 11:07 AM

Source

House of Reps

Parl No.

45

Bill Number

109/17

Bill Type

Government

Portfolio

Treasury

Reps Bill Code

TM

Status

Act

System Id

legislation/bills/r5891_first-reps/0001


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Schedule 1—Amendments

Schedule 1 — Amendments

   

Taxation Administration Act 1953

1  Paragraph 14-200(3)(a) in Schedule 1

Omit “10%”, substitute “12.5%”.

2  Paragraph 14-205(4)(a) in Schedule 1

Omit “10%”, substitute “12.5%”.

3  Paragraph 14-215(1)(a) in Schedule 1

Omit “$2 million”, substitute “$750,000”.

4  Application

The amendments made by this Schedule apply in relation to acquisitions occurring on or after 1 July 2017.