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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.