HOUSE OF REPRESENTATIVES
TAXATION LAWS AMENDMENT (TAX FILE NUMBERS) BILL 1988
Taxation Laws Amendment (Tax File Numbers) Act 1988
Explanatory Memorandum
(Circulated by the authority of the Treasurer, the Hon. P.J. Keating, M.P.)FINANCIAL IMPACT
The revenue gain from the detection of unreported income and voluntary compliance due to the increased risk of detecting income omissions made possible by the measures proposed in this Bill is estimated to increase to $337 million annually by 1993-94 as follows -
| 1988-89 | 1989-90 | 1990-91 | 1991-92 | 1992-93 | 1993-94 |
|---|---|---|---|---|---|
| 10 | 34 | 45 | 193 | 291 | 337 |
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
