Legal database - View: Extrinsic Materials: Sales Tax (Exemptions and Classifications) Amendment Act 1986 - Explanatory Memorandum

House of Representatives

Sales Tax (Exemptions and Classifications) Amendment Bill 1986

Sales Tax (Exemptions and Classifications) Amendment Act 1986

Sales Tax Laws Amendment Bill 1986

Sales Tax Laws Amendment Act 1986

Sales Tax Acts Amendment Bill 1986

Sales Tax Acts Amendment Act 1986

Explanatory Memorandum

(Circulated by authority of the Treasurer, the Hon. P.J. Keating, M.P.)

FINANCIAL IMPACT

The proposed legislative package will produce -

•: a net revenue gain of $196 million in 1986-87;
•: a net revenue gain of $249 million in a full year; and; an increase of less than 0.18 percentage points in the CPI.