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 47 MESSAGE FROM THE SENATE—TAXATION LAWS AMENDMENT BILL (NO. 2) 2003

Message No. 249, 27 March 2003, from the Senate was reported returning the Taxation Laws Amendment Bill (No. 2) 2003 with amendments.

Ordered—That the amendments be considered forthwith.

On the motion of Mr Slipper (Parliamentary Secretary to the Minister for Finance and Administration), the amendments were disagreed to, after debate.

Mr Slipper presented reasons, which were circulated, and are as follows:

Reasons of the House of Representatives for disagreeing to the amendments of the Senate

Amendments 1 and 2

These amendments omit Schedule 1 of the Bill, which provides a foreign income exemption for temporary residents.

The amendments would unnecessarily delay the implementation of the Government's election commitment to remove disincentives for the employment of skilled foreign workers. It is not appropriate that these measures should be referred to the `Review of International Tax Arrangements'. Accordingly, the House of Representatives does not accept these amendments.

On the motion of Mr Slipper, the reasons were adopted.