Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Taxation Laws Amendment (CPI Indexation) Bill 1999

1998-99

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

 

 

Taxation Laws Amendment (CPI Indexation) Bill 1999

 

No.      , 1999

 

(Treasury)

 

 

 

A Bill for an Act to amend indexation and other provisions in tax laws, and for related purposes

   

   



Contents

1............ Short title............................................................................................ 1

2............ Commencement.................................................................................. 1

3............ Schedule(s).......................................................................................... 2

Schedule 1—Car parking fringe benefits                                                                   3

Fringe Benefits Tax Assessment Act 1986                                                                3

Schedule 2—Concessional income tax rebates                                                       4

Income Tax Assessment Act 1936                                                                               4

Schedule 3—Quarterly remitter threshold for sales tax                                    5

Sales Tax Assessment Act 1992                                                                                  5

 



A Bill for an Act to amend indexation and other provisions in tax laws, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Taxation Laws Amendment (CPI Indexation) Act 1999 .

2   Commencement

             (1)  Subject to this section, this Act commences on the day on which it receives the Royal Assent.

             (2)  Items 3 and 4 of Schedule 1 are taken to have commenced on the day on which the Taxation Laws Amendment (FBT Cost of Compliance) Act 1995 received the Royal Assent.

3   Schedule(s)

                   Subject to section 2, each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.