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Notice given 3 November 2010

183  Senator Cormann: To ask the Minister representing the Treasurer—

(1) Is the department or the Australian Taxation Office currently undertaking any review of trusts; if so, what is the nature and timing of the review.

(2) Is the Minister planning any changes to trust taxation law in the current term of government.

184  Senator Cormann: To ask the Minister representing the Treasurer—Has the department assessed the impact of the recent draft private equity determinations of the Commissioner of Taxation on foreign investment in Australia; if so, what is the expected impact of the draft private equity determinations on the level of foreign investment in Australia; if not, when will such an investigation be undertaken.