House of Representatives
Tax and Superannuation Laws Amendment (2014 Measures No. 5) Bill 2014
Tax and Superannuation Laws Amendment (2014 Measures No. 5) Act 2015
Explanatory Memorandum
(Circulated by the authority of the Treasurer, the Hon J. B. Hockey MP)Index
Schedule 1: Abolishing the mature age worker tax offset
| Bill reference | Paragraph number |
| Item 1 | 1.15 |
| Item 2 | 1.10 |
| Item 3 | 1.16 |
| Items 4 and 5 | 1.17 |
Schedule 2: Abolishing the seafarer tax offset
| Bill reference | Paragraph number |
| Items 1, 3, and 4, tables in sections 13-1 and 67-23 of the ITAA 1997 and the note to section 4 of the Shipping Reform (Tax Incentives) Act 2012 | 2.12 |
| Item 2, Subdivision 61-N of the ITAA 1997 | 2.10 |
| Item 5 | 2.13 |
Schedule 3: Rates of R & D tax offset
| Bill reference | Paragraph number |
| Item 1, item 1 in the table in subsection 355-100(1) of the ITAA 1997 | 3.19 |
| Item 2, item 2 in the table in subsection 355-100(1) of the ITAA 1997 | 3.20 |
| Item 3, item 3 in the table in subsection 355-100(1) of the ITAA 1997 | 3.21 |
| Item 4, note to subsection 355-100(1) of the ITAA 1997 | 3.22 |
| Item 5 | 3.24 |
Schedule 4: Deductible gift recipients
| Bill reference | Paragraph number |
| Item 1, item 2.2.43 in the table in subsection 30-25(2) of the ITAA 1997 | 4.5 |
| Item 2, item 9.2.15 in the table in subsection 30-80(2) of the ITAA 1997 | 4.7 |
| Item 3 , item 13.2.21 in the table in section 30-105 of the ITAA 1997 | 4.9 |
| Items 4 to 6, section 30-315 of the ITAA 1997 | 4.12 |