Prev   Next   Return to results list (1 results) Print ListEmail Document Link

Text of bill | Explanatory memoranda | Second reading speeches | Proposed amendments | Schedules of amendments | Bills Digest

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 (2020 Measures No. 1) Bill 2020

Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Income Tax Assessment Act 1997 to extend the circumstances in which an entity is a significant global entity; and Income Tax Assessment Act 1997 and Taxation Administration Act 1953 to: amend the country by country (CBC) reporting requirements and the requirement to provide general purpose financial statements so that they apply to a subset of significant global entities (referred to as CBC reporting entities) rather than all significant global entities; and 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 12/02/20  
Second reading moved 12/02/20  
Second reading debate 04/03/20  
Second reading debate 14/05/20  
Second reading agreed to 14/05/20  
Third reading agreed to 14/05/20  
     
Senate
Introduced and read a first time 14/05/20  
Second reading moved 14/05/20  
Second reading debate 14/05/20  
Second reading agreed to 14/05/20  
Third reading agreed to 14/05/20  
     
Finally passed both Houses 14/05/20  
Assent 25/05/20 Act no: 49 - Year: 2020
     

[Information on document types]

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes
  • Considered by scrutiny committee (26/02/2020): Senate Standing Committee for the Scrutiny of Bills; Scrutiny Digest 3 of 2020
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)