Title Schedule 1—Amendments
Database Bills & Legislation
Long Title a Bill for an Act to amend the law relating to taxation, and for related purposes
Date 01-06-2017 11:07 AM
Source House of Reps
Parl No. 45
Bill Number 109/17
Bill Type Government
Portfolio Treasury
Reps Bill Code TM
Status Act
System Id legislation/bills/r5891_first-reps/0001


Schedule 1—Amendments

Schedule 1—Amendments

  

Taxation Administration Act 1953

1  Paragraph 14‑200(3)(a) in Schedule 1

Omit “10%”, substitute “12.5%”.

2  Paragraph 14‑205(4)(a) in Schedule 1

Omit “10%”, substitute “12.5%”.

3  Paragraph 14‑215(1)(a) in Schedule 1

Omit “$2 million”, substitute “$750,000”.

4  Application

The amendments made by this Schedule apply in relation to acquisitions occurring on or after 1 July 2017.