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Treasury Laws Amendment (2017 Enterprise Incentives No. 1) Bill 2017

Treasury Laws Amendment (2017 Enterprise Incentives No. 1) Act 2019

Explanatory Memorandum

(Circulated by authority of the Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP)

Index

Schedule 1: Access to losses

Bill reference Paragraph number
Items 1 to 4, 6, 33 to 96, 103, 105, 106, 108 to 112, 114, 116 to 118, 121 to 128, 130, 131, 133, 135, 137 to 139, 141, 143, 145 to 148, 150, 151, 153 to 162, sections 4-15, 25-35, 36-25, 102-30, 165-5, 165-10, 165-13, 165-15, 165-23, 165-35, 165-40, 165-45, 165-93, 165-99, 165-102, 165-115, 165-115AA, 165-115B, 165-115BA, 165-117, 165-120, 165-126, 165-129, 165-132, 165-210, 165-212D, 165-212E, 166-5, 166-20, 166-40, 701-5, 707-125, 707-135, 707-210, 707-400, 709-215, 715-15, 715-50, 715-55, 715-60, 715-70, 715-90, 715-95, 715-355, 715-360, 719-260, 719-265, 719-285, and 719-455, subsection 995-1(1) (definitions of 'business continuity test' and 'same business test') and the heading to Subdivision 165-E of the ITAA 1997 1.46
Items 2, 3, 5, 7, 40, 43, 49, 53, 56, 68, 72, 75, 79, 86, 90, 94, 99 to 102, 107, 108, 110, 115, 119, 120, 129, 132, 134, 136, 140, 142, 144, 149, 152, 160 and 161, sections 165-13, 165-15, 165-30, 165-35, 165-40, 165-45, 165-115BA, 165-126, 165- 129, 165-132, 165-210, 166-5, 166-20, 166-40, 415-35, 415-40, 707-125, 707-135, 707-400, 715-50, 715-55, 715-60, 715-70, 715-95, 715-355, 715-360, 719-260, and 719-265, and subsection 995-1(1) (definitions of 'business continuity test period' and 'same business test period') of the ITAA 1997 1.48
Items 8 and 21, paragraph 165-211(2)(a) of the ITAA 1997, paragraph 269-105(3)(a) in Schedule 2F to the ITAA 1936 1.24
Items 8 and 21, paragraph 165-211(2)(b) of the ITAA 1997, paragraph 269-105(3)(b) in Schedule 2F to the ITAA 1936 1.26
Items 8 and 21, paragraph 165-211(2)(c) of the ITAA 1997, paragraph 269-105(3)(c) in Schedule 2F to the ITAA 1936 1.27
Items 8 and 21, paragraph 165-211(2)(d) of the ITAA 1997, paragraph 269-105(3)(d) in Schedule 2F to the ITAA 1936 1.31
Items 8 and 21, subsection 165-211(3) of the ITAA 1997 and subsection 269-105(4) in Schedule 2F to the ITAA 1936 1.34
Items 8 and 21, subsection 165-211(1) of the ITAA 1997, subsection 269-105(1) in Schedule 2F to the ITAA 1936 1.36
Items 8 and 21, subsection 165-211(1) of the ITAA 1997, subsection 269-105(1) in Schedule 2F to the ITAA 1936 1.19
Items 8 and 21, subsection 165-211(2) of the ITAA 1997, subsection 269-105(3) in Schedule 2F to the ITAA 1936 1.21
Items 8, 13, 21, 22 and 164, subsection 165-211(1) of the ITAA 1997 and subsection 269-105(1) in Schedule 2F to the ITAA 1936 1.52
Item 8, paragraph 165-211(1)(a) of the ITAA 1997 1.53
Item 8, paragraph 165-211(1)(c) of the ITAA 1997 1.53
Item 8, paragraphs 165-211(1)(b) and (c) of the ITAA 1997 1.53
Item 8, paragraphs 165-211(1)(a), (b) and (c) of the ITAA 1997 1.53
Item 8, paragraph 165-211(1)(d) of the ITAA 1997 1.53
Items 9 to 11, paragraphs 175-5(2)(b), 175-40(2)(b) and 175-80(2)(b) of the ITAA 1997 1.43
Item 12, subsection 707-140(1A) of the ITAA 1997 1.56
Items 14 to 20, and 23 to 32, sections 266-125, 266-135, 268-20, 269-5 and 269-100, subsection 272-140(1) (definition of 'pass the same business test'), and the heading to Subdivision 269-F in Schedule 2F to the ITAA 1936 1.49
Item 21, section 269-105 in Schedule 2F to the ITAA 1936 1.45
Item 21, paragraph 269-105(1)(a) in Schedule 2F to the ITAA 1936 .
Item 21, paragraph 269-105(1)(b) in Schedule 2F to the ITAA 1936 .
Item 21, paragraphs 269-105(1)(c) and (d) in Schedule 2F to the ITAA 1936 .
Items 104 and 113, subsections 707-120(3) and 707-135(1), and subsection 707-135(1) of the ITAA 1997 1.47
Item 163, subsection 995-1(1) (definition of 'trading stock loss') of the ITAA 1997 1.50

Schedule 2: Intangible asset depreciation

Bill reference Paragraph number
Items 1 to 5, subsections 40-75(5) and (6) 2.27
Items 6 and 7, subsections 40-95(6) and (6A) 2.19
Items 8 and 10, subsection 40-95(7) and paragraph 40-105(4)(a) 2.11
Items 8, 10 and 13, subsection 40-95(7), paragraph 40-105(4)(a) and subsection 40-110(5) 2.30
Item 9, subsection 40-95(7A) 2.14
Item 9, subsection 40-95(7B) 2.18
Items 11 to 13, subparagraphs 40-110(2)(a)(iii) and (iv) and subsection 40-110(5) 2.21
Item 13, subsection 40-110(5) 2.20, 2.22
Items 14 to 16, paragraph 701-55(2)(d) 2.29


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