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ISSN 1328-8091 Warning: All viewers of this digest are advised to visit the disclaimer appearing at the end of this document. The disclaimer sets out the status and purpose of the digest. BILLS DIGEST NO. 13, 2019-20 30 JULY 2019 Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share

ISSN 1328-8091 Warning: All viewers of this digest are advised to visit the disclaimer appearing at the end of this document. The disclaimer sets out the status and purpose of the digest. BILLS DIGEST NO. 107, 2016-17 13 JUNE 2017 Treasury Laws Amendment (GST Low Value Goods) Bill 2017 Research

ISSN 1328-8091 BILLS DIGEST NO. 137, 2012-13 13 June 2013 Tax and Superannuation Laws Amendment (2013 Measures No. 2) Bill 2013 Kai Swoboda Economics Section Jonathan Chowns Law and Bills Digest Section Contents The Bills Digest at a glance ...................................................................................................................... 4 Purpose of the Bill ................................................................................................................................... 5 Structure of the

ISSN 1328-8091 Parliament of Australia Departmentof Parliamentary Services Contents Glossary .................................................................................................................................................... 3 Purpose .................................................................................................................................................... 4 Committee consideration ........................................................................................................................ 5 Background and key provisions ............................................................................................................... 5 Schedule 1—Form for portability of superannuation......................................................................... 6 Background .................................................................................................................................... 6 Financial impact ............................................................................................................................. 7 Policy development ....................................................................................................................... 7 Key provisions ................................................................................................................................ 8 Schedule 2—Capital gains

ISSN 1328-8091 Parliament of Australia Departmentof Parliamentary Services Contents Glossary .................................................................................................................................................... 2 Purpose .................................................................................................................................................... 3 Schedule 1—deductible gift recipients .................................................................................................... 3 Key Provisions ..................................................................................................................................... 3 Background ......................................................................................................................................... 4 Financial impact .................................................................................................................................. 4 Schedule 2—Self managed superannuation fund investment in collectables and personal use assets ..................................................................................................................................................... 4 Basis of policy commitment

   BILLS DIGEST NO. 12, 2010-11  20 October 2010 Tradex Scheme Amendment Bill 2010    Paula Pyburne  Law and Bills Digest Section  Contents  Purpose .................................................................................................................................................... 2  History of the Bill...................................................................................................................................... 2  Background .............................................................................................................................................. 2  The Tradex Scheme........................................................................................................................ 2  Rationale for the Bill ...................................................................................................................... 3  The nature of partnership ............................................................................................................. 3  Committee consideration ................................................................................................................... 4  Financial implications ............................................................................................................................... 4  Key provisions .......................................................................................................................................... 4        ISSN 1328‐8091  2  Tradex Scheme Amendment Bill 2010    Tradex Scheme Amendment Bill 2010  Date introduced:  29 September 2010  House:  House of Representatives  Portfolio:  Innovation, Industry, Science and Research  Commencement:  Sections 1-3 on the day of Royal Assent; Schedule 1 on a day to be fixed  by Proclamation but no later than six months after Royal Assent  Links: The links to the Bill, its Explanatory Memorandum and second reading speech can be found on  the Bills home page, or through http://www.aph.gov.au/bills/. When bills have been passed they can  be found at the ComLaw website, which is at http://www.comlaw.gov.au/.  Purpose  The purpose of the Tradex Scheme Amendment Bill 2010 (the Bill) is to amend the Tradex Scheme  Act 1999 (the Tradex Act) to clarify the eligibility of partnerships and remove redundant provisions.  History of the Bill  An earlier version of the Tradex Scheme Amendment Bill 2010 was introduced into the House of  Representatives during the term of the 42nd Parliament.  However, that version of the Bill lapsed on  19 July 2010 when the Parliament was prorogued.  This version of the Bill replicates the earlier  version exactly.   Background  The Tradex Scheme  The Tradex Scheme (Tradex) is an Australian Government scheme which commenced on 24 June  2000.1 It provides up‐front exemptions from customs duty, and goods and services tax (GST), on                                                               1.   The Tradex Scheme arose from the former Coalition Government policy statement: Investing for Growth.  J Howard  (former Prime Minister), ‘Investing for Growth’, Address at National Press Club and Questions and Answers,  Canberra,  8  December  1997, viewed  8  October 2010, 

Parliament of Australia Department of Parliamentary Services Parliamentary Library Information, analysis and advice for the Parliament BILLS DIGEST www.aph.gov.au/library 15 June 2010, no. 174, 2009-10, ISSN 1328-8091 Tax Laws Amendment (2010 GST Administration Measures No. 2) Bill 2010 Paige Darby and Bernard Pulle Economics Section Contents Glossary ...................................................................................................................................... 2 Purpose