House of Representatives
Taxation Laws Amendment Bill (No. 9) 2003
Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Peter Costello, MP)
Index
Schedule 1: Amendment of the A New Tax System (Goods and Services Tax) Act 1999
| Bill reference |
Paragraph number |
| Items 1 and 3, section 195-1 |
1.13 |
| Items 2, 4 and 5, section 195-1 |
1.8 |
| Item 6 |
1.14 |
Schedule 2: Value shifting: transitional exclusion for certain indirect value shifts relating mainly to services
| Bill reference |
Paragraph number |
| Item 1, subsection 727-230(1) |
2.11, 2.13 |
| Item 1, paragraphs 727-230(1)(c) and (d) |
2.17 |
| Item 1, subsection 727-230(2) |
2.14 |
Schedule 3: Amendments relating to personal services income
| Bill reference |
Paragraph number |
| Item 1, section 61G |
3.13 |
| Item 3, paragraph 86-27(1) |
3.14 |
| Item 3, paragraph 86-27(1)(a) |
3.15 |
| Item 3, paragraph 86-27(1)(b) |
3.16 |
| Item 4, section 86-87 |
3.17 |
| Item 5 |
3.19 |
| Item 6 |
3.18 |
Schedule 4: Sugar industry exit grants
| Bill reference |
Paragraph number |
| Item 1, subsection 170(10AA), item 1A in the table |
4.16 |
| Items 2 and 3, sections 10-5 and 11-10 |
4.23 |
| Item 4, note to section 15-65 |
4.20 |
| Item 4, subsection 15-65(1) |
4.17 |
| Items 4, 6 and 7, subsections 15-65(2) and (3), notes to section 53-10 |
4.15 |
| Item 5, section 53-10, item 4B in the table |
4.9 |
| Item 8, paragraph 118-37(1)(f) |
4.10, 4.18 |
| Item 9 |
4.22 |
Schedule 5: Foreign resident etc. withholding
| Bill reference |
Paragraph number |
| Item 1 |
5.7 |
| Item 2 |
5.8 |
Schedule 6: Demutualisation of friendly societies
| Bill reference |
Paragraph number |
| Items 1 and 2, paragraph 121AB(1)(c) |
6.9 |
| Item 2, subparagraph 121AB(1)(c)(i) |
6.11 |
| Item 2, subparagraph 121AB(1)(c)(ii) |
6.15 |
| Item 2, subparagraph 121AB(1)(c)(iii) |
6.17 |
| Subclause 2(1), item 3 in the table |
6.19 |
Schedule 7: Roll-over relief for partnerships that are STS taxpayers
| Bill reference |
Paragraph number |
| Items 1 to 7 |
7.28 |
| Item 8, subsection 328-240(1) and section 328-243 |
7.11 |
| Item 8, subsection 328-240(2) |
7.12 |
| Item 8, subsection 328-240(3) |
7.13 |
| Item 8, subsections 328-240(4) to (5) |
7.14 |
| Item 8, subsection 328-245(1) |
7.15 |
| Item 8, subsection 328-245(2) |
7.17 |
| Item 8, subsection 328-245(3) |
7.18 |
| Item 8, subsection 328-247(1) |
7.19 |
| Item 8, subsection 328-247(2) |
7.20 |
| Item 8, subsections 328-250(1) to (3) |
7.21 |
| Item 8, subsections 328-250(4) to (5) |
7.22 |
| Item 8, subsections 328-253(1) to (3) |
7.23 |
| Item 8, subsections 328-253(4) to (5) |
7.24 |
| Item 8, section 328-255 |
7.25 |
| Item 8, subsections 328-257(1) to (2) |
7.26 |
| Item 8, subsection 328-257(3) |
7.27 |
| Item 9 |
7.29 |
Schedule 8: Consolidation
| Bill reference |
Paragraph number |
| Item 1, subsection 701-5(1) |
8.14 |
| Item 2, subsection 701-5(2) |
8.12 |
| Item 2, subsections 701-5(3) and (5) |
8.14 |
| Item 2, subsection 701-5(4) |
8.12 |
| Item 3, section 707-145 |
8.16 |
| Item 4, subsections 707-325(5) and (6) |
8.18 |
| Item 5, subsection 707-327(5) |
8.19 |
| Item 6, subsection 707-328A(4) |
8.23 |
| Item 7, subsections 707-350(5) and (6) |
8.25 |
| Item 8, section 719-310 |
8.28 |
| Item 9, section 73BAA and item 10, section 73BABA of the ITAA 1936 |
8.35 |
| Item 11, section 73BACA |
8.40 |
| Item 11, paragraph 73BACA(d) |
8.41 |
| Item 12, paragraph 721-25(3)(b) |
8.42 |
| Item 13, Division 707 of the IT(TP) Act 1997 |
8.43 |
| Item 14 |
8.44 |
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).
