Senate

Taxation Laws Amendment Bill (No. 5) 1988

Taxation Laws Amendment Act (No. 5) 1988

Sales Tax (Exemptions and Classifications) Amendment Bill (NO.2) 1988

Sales Tax (Exemptions and Classifications) Amendment Act (No. 2) 1988

Income Tax Rates Amendment Bill 1988

Income Tax Rates Amendment Act 1988

Supplementary Explanatory Memorandum

(Circulated by authority of the Minister for Finance, Senator the Hon. Peter Walsh)

INTRODUCTORY NOTE

This supplementary explanatory memorandum explains the amendments proposed to the Taxation Laws Amendment Bill (No.5) 1988 as introduced into the Senate. The first amendment will provide for the transitional imputation provisions to take effect from 1 January 1989. The second amendment will remove those measures which deal with the sales tax refund provisions and was foreshadowed by the Treasurer in a press release on 23 November 1988.

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).