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Bills of previous Parliaments

Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

Treasury Laws Amendment (Enterprise Tax Plan Base Rate Entities) Bill 2018

Previous citations:

Treasury Laws Amendment (Enterprise Tax Plan Base Rate Entities) Bill 2017

Type	Government
Originating house	House of Representatives
Status	Act
Portfolio	Treasury

Summary

Amends the: Income Tax Rates Act 1986 to provide that a corporate tax entity will not qualify for the lower 27.5 per cent corporate tax rate if more than 80 per cent of its assessable income is income of a passive nature; and Income Tax Assessment Act 1997 and Income Tax Rates Act 1986 to make consequential amendments.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time	18/10/17
Second reading moved	18/10/17
Second reading debate	07/02/18
Second reading debate	08/02/18
Second reading agreed to	08/02/18
Consideration in detail debate	08/02/18	Amendment details: 1 Government agreed to
Third reading agreed to	08/02/18

Senate
Introduced and read a first time	12/02/18
Second reading moved	12/02/18
Second reading debate	23/08/18
Second reading agreed to	23/08/18
Third reading agreed to	23/08/18

Finally passed both Houses	23/08/18
Assent	31/08/18	Act no: 94 - Year: 2018