Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Current HansardDownload Current Hansard   

Previous Fragment    Next Fragment
Wednesday, 5 May 1993
Page: 97

Senator WATSON —I give notice that, on the next day of sitting, I shall move:

  That the Senate notes—

  (a)the recently released statistical summary by the Australian Taxation Office of the 1990-91 tax returns which shows continuing declining trends within the economy;

  (b) that the statistics reveal:

    (i)a fall in the number of taxable companies from 160 000 to 152 000, with private companies bearing the brunt of this fall, reducing by more than 6 000,

    (ii)that the number of provisional taxpayers fell by 154 000,

    (iii)the number of non-provisional taxpayers fell by 80 000, and

    (iv)that net tax for 1993 also fell by 2.7 per cent.