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 |