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A New Tax System (Luxury Car Tax Imposition—General) Amendment Bill 2008

Schedule 1 Luxury car tax

   

A New Tax System (Luxury Car Tax Imposition—General) Act 1999

1  Section 4

Omit “25%”, substitute “33%”.

2  Application

The amendment made by this Schedule applies to taxable supplies of luxury cars and taxable importations of luxury cars on or after 1 July 2008.

 

 

 

 

 

[ Minister’s second reading speech made in—

House of Representatives on 26 May 2008

Senate on 16 June 2008 ]

(94/08)