House of Representatives
Tax Laws Amendment (2004 Measures No. 7) Bill 2004
Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Peter Costello MP)Index
Schedule 1: 25% entrepreneurs' tax offset
| Bill reference | Paragraph number |
|---|---|
| Items 1 to 4 | 1.34 |
| Item 4, subsection 61-520(2) | 1.31 |
| Item 5, Subdivision 61-J | 1.6 |
| Item 5, section 61-500 | 1.7 |
| Item 5, subsection 61-505(1) | 1.24 |
| Item 5, subsection 61-505(2) | 1.25 |
| Item 5, subsection 61-510(1) | 1.26 |
| Item 5, subsection 61-510(2) | 1.27 |
| Item 5, subsection 61-515(1) | 1.28 |
| Item 5, subsection 61-515(2) | 1.29 |
| Item 5, subsection 61-520(1) | 1.30 |
| Item 5, subsections 61-525(1) and (2) | 1.14 |
| Item 5, subsection 61-525(3) | 1.17 |
| Item 5, subsection 61-525(4) | 1.16 |
| Item 6 | 1.34 |
| Items 7 and 8 | 1.34 |
| Items 9 and 10 | 1.34 |
| Item 11 | 1.32 |
| Item 12 | 1.35 |
| Item 13 | 1.33, 1.37 |
Schedule 2: STS accounting method
| Bill reference | Paragraph number |
|---|---|
| Item 1 | 2.17 |
| Items 2 and 3 | 2.17 |
| Items 4 and 5 | 2.17 |
| Items 6 and 7 | 2.17 |
| Item 8 | 2.17 |
| Item 9 | 2.9 |
| Item 10, section 328-115 | 2.13 |
| Item 10, section 328-120 | 2.12 |
| Item 10, section 328-125 | 2.11 |
| Item 10, section 328-440 | 2.14 |
| Item 11 | 2.10 |
Schedule 3: Employee share schemes
| Bill reference | Paragraph number |
|---|---|
| Item 1 | 3.56 |
| Item 2 | 3.58 |
| Items 3 and 4 | 3.24 |
| Items 4 to 8 | 3.57 |
| Items 5 to 7 | 3.30 |
| Items 9 and 10 | 3.61 |
| Item 11, section 139DQ | 3.5, 3.5 |
| Item 11, section 139DQ; item 14, sections 139GCB and 139GCC | 3.46 |
| Item 11, section 139DQ; item 14, section 139GCC | 3.47 |
| Item 11, subsection 139DQ(1) | 3.14, 3.21 |
| Item 11, subsection 139DQ(2) | 3.18 |
| Item 11, subsection 139DQ(3) | 3.25 |
| Item 11, section 139DR | 3.42 |
| Item 11, subsection 139DR(2) | 3.41 |
| Item 11, section 139DS; item 12 | 3.48 |
| Item 13 | 3.55 |
| Item 14, section 139GCB; item 11, section 139DQ | 3.35 |
| Item 14, sections 139GCB and 139GCC | 3.60 |
| Item 14, sections 139GCB and 139GCC; item 11, section 139DQ | 3.40 |
| Item 14, section 139GCC; item 11, section 139DQ | 3.36 |
| Items 15 and 16 | 3.59 |
| Item 17 | 3.50, 3.53 |
| Item 18 | 3.51 |
| Items 20 and 21 | 3.52 |
| Item 22 | 3.54 |
Schedule 4: FBT exemption thresholds for long service award benefits
| Bill reference | Paragraph number |
|---|---|
| Item 1, paragraph 58Q(1)(c) (formula) | 4.7 |
| Item 2, paragraph 58Q(1)(d) (formula) | 4.8 |
| Item 3 | 4.9 |
Schedule 5: Petroleum exploration incentives
| Bill reference | Paragraph number |
|---|---|
| Item 1, new definition of 'designated frontier' area in section 2 | 5.11 |
| Item 2, section 2, new definition of 'designated frontier expenditure' | 5.13 |
| Item 4, section 36A | 5.18 |
| Item 4, section 36B | 5.20, 5.22 |
| Item 4, section 36C | 5.24 |
| Item 5, subsection 45C(9); item 6, subsection 45C(10) | 5.25 |
| Item 7, definition of 'incurred exploration expenditure amount' in clause 1 of the Schedule to the PRRTAA 1987 | 5.30 |
| Item 8, definition of 'incurred exploration expenditure amount' in clause 1 of the Schedule to the PRRTAA 1987 | 5.30 |
| Item 9, paragraph 15(1)(a) of the Schedule to the PRRTAA 1987 | 5.34 |
| Item 10, subclause 15(1) of the Schedule to the PRRTAA 1987 | 5.34 |
| Item 11, paragraph 15(2)(b) of the Schedule to the PRRTAA 1987 | 5.35 |
| Item 12, subclause 15(2) of the Schedule to the PRRTAA 1987 | 5.35 |
| Items 13 and 14, paragraph 15(3)(b) and 15(4)(c) of the Schedule to the PRRTAA 1987 | 5.36 |
| Item 15, paragraph 15(4)(d) of the Schedule to the PRRTAA 1987 | 5.36 |
| Item 16, paragraph 16(c) of the Schedule to the PRRTAA 1987 | 5.37 |
| Item 17, clause 1 | 5.26 |
| Item 17, clause 2 | 5.27 |
Schedule 6: Consolidation
| Bill reference | Paragraph number |
|---|---|
| Item 1, application | 6.160 |
| Item 2, subsection 711-45(8) | 6.17, 6.23 |
| Item 2, paragraph 711-45(8)(a) | 6.16, 6.18, 6.19 |
| Item 2, paragraph 711-45(8)(b) | 6.16, 6.20 |
| Item 2, paragraph 711-45(8)(c) | 6.16, 6.21 |
| Item 3, subsection 705-90(6) | 6.28 |
| Item 4, paragraph 701-30(2)(a) | 6.29 |
| Item 5, subsection 709-205(2) | 6.37 |
| Item 5, subsection 709-205(3) | 6.38 |
| Item 5, subsection 709-205(4) | 6.39 |
| Item 5, section 709-210 | 6.31 |
| Item 5, subsections 709-215(1) and (2) | 6.41 |
| Item 5, paragraph 709-215(2)(b) | 6.42 |
| Item 5, paragraph 709-215(2)(c) | 6.43 |
| Item 5, subsection 709-215(3) | 6.44 |
| Item 5, subsection 709-215(4) | 6.50, 6.52 |
| Item 5, subsection 709-215(4) item 2 in the table | 6.48 |
| Item 5, subsection 709-215(5) | 6.53 |
| Item 5, subsection 709-215(6) | 6.54 |
| Item 5, subsection 709-215(7) | 6.55 |
| Items 6 to 11, subsections 266-35(1), 266-85(3), 266-120(1), 266-160(2), 267-25(1) and 267-65(1) in Schedule 2F to the ITAA 1936 | 6.162 |
| Item 12, section 12-5, table item headed 'bad debts' | 6.163 |
| Items 13 and 14, subsection 165-5, table item headed 'bad debts' | 6.164 |
| Item 15, subsection 995-1(1) | 6.165 |
| Item 16, after Division 707 of the Income Tax (Transitional Provisions) Act 1997 | 6.161 |
| Items 17 and 25, subsections 67-25(5) and 713-545(5) | 6.102 |
| Items 18 to 20 and 22 to 25, sections 320-175, 320-230, 713-515, 713-520, 713-525 and 713-585 | 6.141 |
| Item 21, paragraph 713-510(1)(a) | 6.61 |
| Item 21, paragraph 713-510(1)(b) | 6.62 |
| Item 21, paragraph 713-510(2)(a) | 6.64 |
| Item 21, paragraph 713-510(2)(b) | 6.65 |
| Item 21, subsection 713-510(3) | 6.63 |
| Item 21, section 713-511 | 6.67 |
| Item 25, subsections 713-530(1) to (3) | 6.75 |
| Item 25, subsection 713-530(4) | 6.74 |
| Item 25, paragraphs 713-535(1)(a) to (c) | 6.82 |
| Item 25, paragraph 713-535(1)(d) and subsection 713-535(2) | 6.85 |
| Item 25, subsection 713-535(3) | 6.84 |
| Item 25, subsection 713-540(1) | 6.86 |
| Item 25, subsection 713-540(2) | 6.87 |
| Item 25, subsections 713-545(1) and (2) | 6.98 |
| Item 25, subsections 713-545(3) and (4) | 6.100 |
| Item 25, paragraph 713-545(5)(a) | 6.103 |
| Item 25, paragraph 713-545(5)(b) and subsection 713-545(6) | 6.104 |
| Item 25, paragraph 713-545(5)(c) | 6.105 |
| Item 25, section 713-550 | 6.107 |
| Item 25, section 713-553 | 6.114 |
| Item 25, subsection 713-555(1) | 6.115 |
| Item 25, subsection 713-555(2) | 6.116 |
| Item 25, subsection 713-555(3) | 6.117 |
| Item 25, subsection 713-555(4) | 6.118 |
| Item 25, subsection 713-560(1) | 6.119 |
| Item 25, subsection 713-560(2) | 6.120 |
| Item 25, subsection 713-560(3) | 6.121 |
| Item 25, paragraph 713-560(4)(a) | 6.122 |
| Item 25, paragraph 713-560(4)(b) | 6.123 |
| Item 25, subsection 713-560(5) | 6.124 |
| Item 25, subsection 713-560(6) | 6.125 |
| Item 25, section 713-565 | 6.127 |
| Item 25, section 713-570 | 6.133 |
| Items 25 and 28, section 713-575 and the definition of 'terminating value' in subsection 995-1(1) | 6.137 |
| Item 25, section 713-580 | 6.140 |
| Items 26 and 35, Subdivision 713-M of the ITAA 1997 and section 713-700 of the Income Tax (Transitional Provisions) Act 1997 | 6.142 |
| Items 26 and 27, subsections 713-705(1) and (2) and the definition of 'retained cost base asset' in subsection 995-1(1) | 6.148 |
| Item 26, subsection 713-705(3) | 6.149 |
| Item 26, sections 713-710 and 713-715 | 6.152 |
| Item 26, sections 713-710 and 713-720 | 6.155 |
| Item 29, subparagraph 707-325(1)(ea)(i) of the Income Tax (Transitional Provisions) Act 1997 | 6.91 |
| Item 29, subparagraph 707-325(1)(ea)(ii) of the Income Tax (Transitional Provisions) Act 1997 | 6.92 |
| Items 30 to 34, section 707-355 of the Income Tax (Transitional Provisions) Act 1997 | 6.94 |
Schedule 7: STS roll-over
| Bill reference | Paragraph number |
|---|---|
| Item 1 | 7.37 |
| Item 2, paragraph 40-340(4)(b) | 7.17 |
| Item 3 | 7.37 |
| Item 4 | 7.37 |
| Item 5 | 7.37 |
| Item 6 | 7.37 |
| Item 7, subsection 328-220(3) | 7.20 |
| Item 8 | 7.37 |
| Item 9 | 7.17 |
| Item 10 | 7.37 |
| Item 11, paragraph 328-243(1)(a) | 7.15 |
| Item 11, paragraph 328-243(1)(b) | 7.18 |
| Item 11, paragraph 328-243(1)(c) | 7.21 |
| Item 11, paragraph 328-243(1)(d) | 7.22 |
| Item 12, subsection 328-247(1) | 7.25 |
| Item 13, paragraph 328-247(1)(b) | 7.26 |
| Item 14, paragraph 328-250(2)(b) | 7.28 |
| Item 15, subparagraph 328-250(3)(b)(ii) | 7.29 |
| Item 16, paragraph 328-253(2)(b) | 7.31 |
| Item 17, paragraph 328-253(3)(b) | 7.35 |
| Item 18, subparagraph 328-253(3)(b)(ii) | 7.32 |
| Item 19, paragraph 328-255(2)(b) | 7.34 |
| Item 20 | 7.36 |
Schedule 8: Family trust elections
| Bill reference | Paragraph number |
|---|---|
| Item 1, subsection 272-80(2) | 8.9 |
| Item 2, subsection 272-80(4A) | 8.10 |
| Item 3, subsection 272-85(2) | 8.15 |
| Item 4, subsection 272-85(4A) | 8.14 |
| Item 5 | 8.16 |
Schedule 9: Non-commercial loans
| Bill reference | Paragraph number |
|---|---|
| Part 1, item 1, subsection 109XC(2A) | 9.11 |
| Part 1, item 2 | 9.18 |
| Part 2, items 3, 5 and 6, section 109D | 9.15 |
| Part 2, item 4, subsection 109D(1AA) | 9.16 |
| Part 2, items 7 to 10 and 12 | 9.17 |
| Part 2, item 11 | 9.13 |
| Part 2, item 13 | 9.19 |
| Item 4, paragraph 109D(1)(b) | 9.14 |
Schedule 10: Technical corrections and amendments
| Bill reference | Paragraph number |
|---|---|
| Subclause 2(1), items 5 and 6 in the table | 10.64 |
| Subclause 2(1), item 12 in the table | 10.65 |
| Subclause 2(1), item 14 in the table | 10.58 |
| Subclause 2(1), items 19 to 21 in the table | 10.64 |
| Subclause 2(1), item 22 in the table | 10.63 |
| Item 1, subsection 29-15(2) of the A New Tax System (Goods and Services Tax) Act 1999 | 10.9 |
| Item 2 | 10.58 |
| Item 3, subsection 60-5(1) of the A New Tax System (Goods and Services Tax) Act 1999 | 10.18 |
| Item 4, paragraph 60-15(1)(a) of the A New Tax System (Goods and Services Tax) Act 1999 | 10.18 |
| Item 5, Subsection 60-20(1) of the A New Tax System (Goods and Services Tax) Act 1999 | 10.18 |
| Item 6, paragraphs 69-5(3)(h) and (i) of the A New Tax System (Goods and Services Tax) Act 1999 | 10.23 |
| Item 7, paragraph 80-90(a) of the A New Tax System (Goods and Services Tax) Act 1999 | 10.12, 10.55 |
| Item 8, paragraph 80-95(a) of the A New Tax System (Goods and Services Tax) Act 1999 | 10.12, 10.55 |
| Item 9 | 10.56 |
| Item 10, subsection 132(1) of the A New Tax System (Goods and Services Tax) Act 1999 | 10.22 |
| Item 11, section 195-1 of the A New Tax System (Goods and Services Tax) Act 1999, definition of 'decreasing adjustment' | 10.9 |
| Item 12 | 10.58 |
| Item 13, section 195-1 of the A New Tax System (Goods and Services Tax) Act 1999, definition of 'increasing adjustment' | 10.9 |
| Item 14, section 195-1 of the A New Tax System (Goods and Services Tax) Act 1999 | 10.17 |
| Item 15, subparagraph 5-15(1)(a)(ii) of the A New Tax System (Wine Equalisation Tax) Act 1999 | 10.13 |
| Items 16 and 17, subsections 58ZC(2) and 136(1) of the Fringe Benefits Tax Assessment Act 1986 | 10.43 |
| Item 18 | 10.59 |
| Item 19, subsection 6(1) of the ITAA 1936, definition of 'insurance funds' | 10.25 |
| Item 20, paragraph 23AH(12)(b) of the ITAA 1936 | 10.18 |
| Item 21, section 24AL of the ITAA 1936 | 10.23 |
| Item 22, paragraph 47(2B)(b) of the ITAA 1936 | 10.32 |
| Item 23, section 63CA of the ITAA 1936 (the section inserted by Taxation Laws Amendment Act (No. 2) 2000) | 10.26 |
| Item 24, Subsection 63CA(1) of the ITAA 1936 (the subsection inserted by Taxation Laws Amendment Act (No. 2) 2000) | 10.26 |
| Item 25, section 63CB of the ITAA 1936 | 10.26 |
| Item 26, section 63CC of the ITAA 1936 | 10.26 |
| Item 27, sections 63CB and 63CC of the ITAA 1936 | 10.26 |
| Item 28, subsection 159GZZT(1) of the ITAA 1936 | 10.18 |
| Item 29, section 159S of the ITAA 1936 | 10.44 |
| Item 30 | 10.60 |
| Item 31, paragraph 214A(2)(e) of the ITAA 1936 | 10.9 |
| Item 32, paragraph 262A(5)(b) of the ITAA 1936 | 10.32 |
| Item 33, paragraph 410(c) of the ITAA 1936 | 10.9 |
| Item 34, subsection 432(2) of the ITAA 1936 | 10.17 |
| Item 35, subparagraph 437(2)(c)(ii) of the ITAA 1936 | 10.18 |
| Item 36, subsection 4-15(2) of the ITAA 1997, item 4 in the table | 10.12 |
| Item 37, subsection 6-5(3) of the ITAA 1997 | 10.12 |
| Item 38, subsection 6-10(5) of the ITAA 1997 | 10.12 |
| Item 39, section 11-55 of the ITAA 1997 | 10.29 |
| Items 40 and 41, section 12-5 of the ITAA 1997 | 10.11 |
| Item 42, subsection 27-10(1) of the ITAA 1997 | 10.9 |
| Item 43, heading to Subdivision 27-B of the ITAA 1997 | 10.27 |
| Item 44, subsection 34-10(1) of the ITAA 1997 | 10.13 |
| Item 45, heading to section 34-15 of the ITAA 1997 | 10.7 |
| Item 46, subsection 34-25(1) of the ITAA 1997 | 10.13 |
| Item 47, subsection 36-20(2) of the ITAA 1997 | 10.12 |
| Item 48, subsection 40-430(3) of the ITAA 1936 | 10.26 |
| Item 49, subsection 102-5(1) of the ITAA 1997 | 10.29 |
| Item 50, section 104-5 of the ITAA 1997 | 10.12 |
| Item 51, example to subsection 104-47(5) of the ITAA 1997 | 10.29 |
| Item 52, subsection 104-135(6) of the ITAA 1997 | 10.32 |
| Item 53, heading to section 104-160 of the ITAA 1997 | 10.12 |
| Item 54, subsection 104-160(1) of the ITAA 1997 | 10.20 |
| Items 55 and 56, notes to subsection 104-160(5) of the ITAA 1997 | 10.12 |
| Item 57, heading to section 104-165 of the ITAA 1997 | 10.12 |
| Item 58, heading to subsection 104-165(1) of the ITAA 1997 | 10.12 |
| Item 59, subsection 104-165(1) of the ITAA 1997 | 10.20 |
| Item 60, paragraph 104-165(3)(b) of the ITAA 1997 | 10.20 |
| Item 61, paragraph 104-215(1)(e) of the ITAA 1997 | 10.12 |
| Item 62, subsection 104-215(2) of the ITAA 1997 | 10.12 |
| Item 63, paragraph 104-215(2)(a) of the ITAA 1997 | 10.20 |
| Item 64, note to subsection 104-215(5) of the ITAA 1997 | 10.29 |
| Item 65, subsection 104-230(7) of the ITAA 1997 | 10.12 |
| Item 66, heading to section 104-250 of the ITAA 1997 | 10.27 |
| Items 67 and 68, section 109-55 of the ITAA 1997, items 7 and 17 in the table | 10.19 |
| Items 69 and 70, section 109-60 of the ITAA 1997, items 2, 13 and 14 in the table | 10.29 |
| Item 71, section 112-45 of the ITAA 1997 | 10.29 |
| Items 72 and 73, section 112-97 of the ITAA 1997, items 2A, 23 and 24 in the table | 10.29 |
| Item 74, subparagraph 116-30(3)(a)(ii) of the ITAA 1997 | 10.13 |
| Item 75, paragraph 118-37(4)(a) of the ITAA 1997 | 10.20 |
| Item 76, paragraph 118-415(2)(a) of the ITAA 1997 | 10.11 |
| Item 77, paragraph 118-420(1)(a) of the ITAA 1997 | 10.11 |
| Item 78, subsection 118-420(3) of the ITAA 1997 | 10.11 |
| Item 79, subparagraph 118-420(6)(b)(ii) of the ITAA 1997 | 10.11 |
| Item 80, heading to section 118-435 of the ITAA 1997 | 10.11 |
| Item 81, section 118-500 of the ITAA 1997 | 10.11 |
| Item 82, paragraph 118-515(1)(a) of the ITAA 1997 | 10.12 |
| Item 83, paragraph 121-25(4)(b) of the ITAA 1997 | 10.32 |
| Item 84, subsection 122-25(6) of the ITAA 1997, items 2 and 3 in the table | 10.12 |
| Item 85, subsection 122-25(7) of the ITAA 1997, item 3 in the table | 10.12 |
| Item 86, subsection 122-135(6) of the ITAA 1997, items 2 and 3 in the table | 10.12 |
| Item 87, subsection 122-135(7) of the ITAA 1997, item 3 in the table | 10.12 |
| Item 88, note to subsection 122-140(1) of the ITAA 1997 | 10.9 |
| Item 89, paragraph 124-70(3)(a) of the ITAA 1997 | 10.12 |
| Item 90, subsection 124-85(2) of the ITAA 1997, item 3 in the table | 10.12 |
| Item 91, subparagraph 124-240(f)(ii) of the ITAA 1997 | 10.12 |
| Item 92, subparagraph 124-245(e)(ii) of the ITAA 1997 | 10.12 |
| Item 93, paragraph 124-295(7)(b) of the ITAA 1997 | 10.12 |
| Item 94, paragraph 124-300(7)(b) of the ITAA 1997 | 10.12 |
| Item 95, paragraph 124-365(4)(b) of the ITAA 1997 | 10.12 |
| Item 96, paragraph 124-375(4)(b) of the ITAA 1997 | 10.12 |
| Item 97, paragraph 124-450(4)(b) of the ITAA 1997 | 10.12 |
| Item 98, paragraph 124-460(4)(b) of the ITAA 1997 | 10.12 |
| Item 99, paragraph 124-520(1)(a) of the ITAA 1997 | 10.8 |
| Item 100, paragraph 124-520(1)(b) of the ITAA 1997 | 10.8 |
| Item 101, subparagraph 124-520(1)(e)(ii) of the ITAA 1997 | 10.12 |
| Item 102, subsection 124-520(2) of the ITAA 1997 | 10.8 |
| Item 103, subsection 124-520(3) of the ITAA 1997 | 10.8 |
| Item 104, paragraphs 124-710(1)(a) and (2)(a) of the ITAA 1997 | 10.13 |
| Item 105, subsection 124-795(1) of the ITAA 1997 | 10.12 |
| Item 106, note to subsection 124-795(1) of the ITAA 1997 | 10.12 |
| Item 107, subsection 124-795(4) of the ITAA 1997 | 10.12 |
| Item 108, subparagraph 124-795(5)(b)(ii) of the ITAA 1997 | 10.12 |
| Item 109, subsection 124-870(3) of the ITAA 1997 | 10.12 |
| Items 110 and 111, subsection 125-80(7) and note to subsection 125-80(7) of the ITAA 1997 | 10.28 |
| Item 112, note 1 to section 128-10 of the ITAA 1997 | 10.12 |
| Item 113, note to subsection 128-15(1) of the ITAA 1997 | 10.12 |
| Item 114, note 2 to subsection 128-25(2) of the ITAA 1997 | 10.12 |
| Item 115, heading to Division 136 of the ITAA 1997 | 10.11 |
| Item 116, section 136-1 of the ITAA 1997 | 10.11 |
| Item 117, section 136-1 of the ITAA 1997 | 10.12 |
| Item 118, heading to section 136-5 of the ITAA 1997 | 10.11 |
| Item 119, paragraph 136-5(a) of the ITAA 1997 | 10.12 |
| Item 120, section 136-10 of the ITAA 1997, heading to the table | 10.11 |
| Item 121, section 136-20 of the ITAA 1997 | 10.12 |
| Item 122, section 136-25 of the ITAA 1997, items 8 and 9 in the table | 10.12 |
| Item 123, note to section 136-25 of the ITAA 1997 | 10.11 |
| Item 124, heading to Subdivision 136-B of the ITAA 1997 | 10.12 |
| Item 125, heading to section 136-40 of the ITAA 1997 | 10.12 |
| Item 126, section 152-5 of the ITAA 1997 | 10.29 |
| Item 127, paragraph 152-25(1)(a) of the ITAA 1997 | 10.13 |
| Item 128, heading to Subdivision 152-C of the ITAA 1997 | 10.27 |
| Item 129, section 152-215 of the ITAA 1997 | 10.27 |
| Item 130, section 152-330 of the ITAA 1997 | 10.27 |
| Item 131, section 152-430 of the ITAA 1997 | 10.27 |
| Item 132, subsection 165-115ZC(3) of the ITAA 1997 | 10.11 |
| Item 133, heading to subsection 165-235(1) of the ITAA 1997 | 10.11 |
| Item 134, heading to subsection 165-235(4) of the ITAA 1997 | 10.11 |
| Item 135, paragraph 165-235(4)(a) of the ITAA 1997 | 10.11 |
| Item 136, subsections 170-30(1) and (2) of the ITAA 1997 | 10.18 |
| Item 137, subsection 170-30(4) of the ITAA 1997, items 1 to 3 in the table | 10.18 |
| Item 138, subsections 170-32(4) and (5) of the ITAA 1997 | 10.18 |
| Item 139, note to subsection 170-115(1) of the ITAA 1997 | 10.29 |
| Item 140, subsections 170-130(1) and (2) of the ITAA 1997 | 10.18 |
| Item 141, subsection 170-130(4) of the ITAA 1997, items 1 to 3 in the table | 10.18 |
| Item 142, subsections 170-132(4) and (5) of the ITAA 1997 | 10.18 |
| Item 143, subsections 170-133(2) and (3) of the ITAA 1997 | 10.18 |
| Item 144, note 2 to subsection 170-140(2) of the ITAA 1997 | 10.29 |
| Item 145, paragraphs 170-210(1)(e) and (2)(f) of the ITAA 1997 | 10.18 |
| Item 146, paragraphs 170-215(1)(e) and (2)(f) of the ITAA 1997 | 10.18 |
| Item 147, paragraphs 170-220(1)(e) and (2)(f) of the ITAA 1997 | 10.18 |
| Item 148, paragraphs 170-225(1)(e) and (2)(f) of the ITAA 1997 | 10.18 |
| Item 149, subparagraph 170-255(1)(d)(i) of the ITAA 1997 | 10.12 |
| Item 150, subparagraph 170-255(1)(d)(v) of the ITAA 1997 | 10.11 |
| Item 151, section 180-1 of the ITAA 1997 | 10.11 |
| Item 152, heading to subsection 180-5(4) of the ITAA 1997 | 10.11 |
| Item 153, paragraph 180-5(4)(a) of the ITAA 1997 | 10.11 |
| Item 154, heading to subsection 180-15(4) of the ITAA 1997 | 10.11 |
| Item 155, paragraph 180-15(4)(a) of the ITAA 1997 | 10.11 |
| Item 156, section 202-10 of the ITAA 1997 | 10.12 |
| Item 157, paragraph 202-15(c) of the ITAA 1997 | 10.20 |
| Item 158, paragraph 202-20(a) of the ITAA 1997 | 10.12 |
| Item 159, subsections 204-25(4) to (6) of the ITAA 1997 | 10.20 |
| Item 160, paragraph 204-30(8)(a) of the ITAA 1997 | 10.12 |
| Item 161, paragraph 205-25(1)(a) of the ITAA 1997 | 10.20 |
| Item 162, subparagraph 205-25(1)(a)(i) of the ITAA 1997 | 10.20 |
| Item 163, section 205-30 of the ITAA 1997 | 10.20 |
| Item 164, paragraph 207-75(a) of the ITAA 1997 | 10.20 |
| Item 165, paragraph 207-75(b) of the ITAA 1997 | 10.20 |
| Item 166, example to subsection 207-95(4) of the ITAA 1997 | 10.11 |
| Item 167, paragraph 208-40(1)(a) of the ITAA 1997 | 10.12 |
| Item 168, paragraph 208-40(4)(a) of the ITAA 1997 | 10.12 |
| Item 169, paragraph 208-45(1)(a) of the ITAA 1997 | 10.20 |
| Item 170, subsection 208-45(2) of the ITAA 1997 | 10.20 |
| Item 171, subsection 208-80(2) of the ITAA 1997 | 10.20 |
| Item 172, paragraph 208-155(2)(a) of the ITAA 1997 | 10.20 |
| Item 173, paragraph 208-155(3)(a) of the ITAA 1997 | 10.12 |
| Item 174, subsection 208-155(4) of the ITAA 1997 | 10.12 |
| Item 175, paragraph 208-205(a) of the ITAA 1997 | 10.20 |
| Item 176, section 208-215 of the ITAA 1997 | 10.20 |
| Item 177, paragraph 208-235(a) of the ITAA 1997 | 10.20 |
| Item 178, paragraph 208-240(b) of the ITAA 1997 | 10.20 |
| Item 179, paragraph 215-10(1)(a) of the ITAA 1997 | 10.20 |
| Item 180, subparagraph 215-10(2)(a)(ii) of the ITAA 1997 | 10.20 |
| Item 181, Division 218 of the ITAA 1997 | 10.26 |
| Item 182, paragraph 220-215(1)(c) of the ITAA 1997 | 10.12 |
| Item 183, subparagraph 220-605(1)(c)(i) of the ITAA 1997 | 10.12 |
| Item 184, paragraph 320-37(1)(c) of the ITAA 1997 | 10.11 |
| Item 185, subsection 320-37(2) of the ITAA 1997 | 10.11 |
| Item 186, paragraph 328-375(1)(a) of the ITAA 1997 | 10.13 |
| Item 187, subsections 328-375(2) and (3) of the ITAA 1997 | 10.13 |
| Item 188, subsection 328-380(1) of the ITAA 1997 | 10.13 |
| Item 189, subparagraph 376-5(1)(d)(ii) of the ITAA 1997 | 10.12 |
| Item 190, subparagraph 376-15(1)(a)(ii) of the ITAA 1997 | 10.12 |
| Item 191, subparagraph 376-50(a)(i) of the ITAA 1997 | 10.12 |
| Item 192, example to subsection 396-75(2) of the ITAA 1997 | 10.12 |
| Item 193, subsection 405-50(5) of the ITAA 1997, heading to the table | 10.12 |
| Item 194, note to subsection 405-50(5) of the ITAA 1997 | 10.12 |
| Item 195, section 703-25 of the ITAA 1997, item 3 in the table | 10.13 |
| Item 196, subsection 721-15(2) of the ITAA 1997 | 10.13 |
| Items 197 and 198, subsection 960-60(1) of the ITAA 1997, items 1 and 2 in the table | 10.20 |
| Items 199 and 200, subsection 960-80 (1) of the ITAA 1997, items 1 and 2 in the table | 10.20 |
| Items 201 and 202, subsection 960-90(1) of the ITAA 1997, items 1 and 2 in the table | 10.20 |
| Item 203, paragraph 960-140(a) of the ITAA 1997 | 10.20 |
| Item 204, paragraph 960-345(1)(a) of the ITAA 1997 | 10.13 |
| Item 205, subsection 960-345(2) of the ITAA 1997 | 10.7 |
| Item 206, section 975-100 of the ITAA 1997 | 10.17 |
| Item 207, subsection 995-1(1) of the ITAA 1997, definition of 'company law' | 10.8 |
| Item 208, subsection 995-1(1) of the ITAA 1997, definition of 'foreign resident life insurance policy' | 10.11 |
| Item 209, subsection 995-1(1) of the ITAA 1997, definition of 'group turnover' (1st insertion) | 10.9 |
| Item 210, subsection 995-1(1) of the ITAA 1997, definition of 'group turnover' (2nd insertion) | 10.6 |
| Item 211, subsection 995-1(1) of the ITAA 1997, definition of 'in existence' | 10.17 |
| Items 212 and 213, subsection 995-1(1) of the ITAA 1997, definitions of 'member' | 10.7 |
| Item 214, subsection 995-1(1) of the ITAA 1997, definition of 'non-compulsory uniform' | 10.6 |
| Item 215, subsection 995-1(1) of the ITAA 1997, definition of 'non-resident life insurance policy' | 10.11 |
| Item 216, subsection 995-1(1) of the ITAA 1997, definition of 'taxable supply' (1st insertion) | 10.6 |
| Item 217, subsection 995-1(1) of the ITAA 1997, definition of 'tax-exempt foreign resident' | 10.11 |
| Item 218, subsection 995-1(1) of the ITAA 1997, definition of 'tax-exempt non-resident' | 10.11 |
| Items 219 and 220, subsection 995-1(1) of the ITAA 1997, definitions of 'value' | 10.7 |
| Item 221, subsection 995-1(1) of the ITAA 1997, definition of 'value of the business supplies' | 10.7, 10.41 |
| Item 222, heading to Subdivision 104-J of the Income Tax (Transitional Provisions) Act 1997 | 10.27 |
| Item 223, Subdivision 175-C of the Income Tax (Transitional Provisions) Act 1997 | 10.26 |
| Item 224, item 3 in Schedule 7 to the New Business Tax System (Consolidation and Other Measures) Act 2003 | 10.38 |
| Item 225, section 2 of the Petroleum Resource Rent Tax Assessment Act 1997 | 10.32 |
| Items 226 and 227, subsections 45A(6) and 45B(6) of the Petroleum Resource Rent Tax Assessment Act 1997 | 10.32 |
| Item 228, paragraph 59(2)(a) of the Petroleum Resource Rent Tax Assessment Act 1997 | 10.32 |
| Item 229, subsection 98(1) of the Petroleum Resource Rent Tax Assessment Act 1997 | 10.32 |
| Item 230 | 10.33 |
| Item 231, paragraph 35(1)(b) of the Product Grants and Benefits Administration Act 2000 | 10.24 |
| Item 232 | 10.9 |
| Item 233, paragraph 12-47(c) in Schedule 1 to the TAA 1953 | 10.13 |
| Item 234, subsection 12-60(1) in Schedule 1 to the TAA 1953 | 10.13 |
| Item 235, paragraph 12-155(a) in Schedule 1 to the TAA 1953 | 10.13 |
| Item 236, subsection 12-315(1) in Schedule 1 to the TAA 1953 | 10.13 |
| Item 237, subsection 18-75(3) in Schedule 1 to the TAA 1953 | 10.26 |
| Item 238, subsection 18-75(4) in Schedule 1 to the TAA 1953 | 10.26 |
| Item 239, heading to Subdivision 260-D in Schedule 1 to the TAA 1953 | 10.11 |
| Item 240, heading to section 260-105 in Schedule 1 to the TAA 1953 | 10.11 |
| Item 241, paragraph 260-105(1)(a) in Schedule 1 to the TAA 1953 | 10.12 |
| Item 242, items 6 and 7 in Schedule 1 to the Taxation Laws Amendment Act (No. 5) 2002 | 10.41 |
| Item 243, paragraph 21-5(3)(b) of the Venture Capital Act 2002 | 10.11 |
| Item 244, item 85 in Schedule 2 to the A New Tax System (Pay As You Go) Act 1999 | 10.36 |
| Item 245, item 16 in Schedule 4 to the Energy Grants (Credits) Scheme (Consequential Amendments) Act 2003 | 10.37 |
| Item 246, subsection 136(1) of the Fringe Benefits Assessment Act 1986, definition of 'approved form' (1st insertion) | 10.6 |
| Item 247, sections 118-313 and 118-315 (the section inserted by the Family Law Legislation Amendment (Superannuation) (Consequential Provisions) Act 2001) of the ITAA 1997 | 10.26 |
| Item 248, subsection 165-115BB(2) of the ITAA 1997 | 10.38 |
| Item 249, subsection 205-50(2) of the ITAA 1997 | 10.14, 10.21 |
| Item 250, subsection 205-50(3) of the ITAA 1997 | 10.14, 10.21 |
| Item 251, section 210-120 of the ITAA 1997, item 2 in the table | 10.14, 10.21 |
| Item 252, subsection 210-150(2) of the ITAA 1997 | 10.14, 10.21 |
| Item 253, subsection 210-150(3) of the ITAA 1997 | 10.14, 10.21 |
| Item 254, paragraph 214-45(1)(a) of the ITAA 1997 | 10.14, 10.21 |
| Item 255, paragraph 214-45(2)(a) of the ITAA 1997 | 10.41, 10.21 |
| Item 256, paragraph 214-105(1)(b) of the ITAA 1997 | 10.41, 10.21 |
| Item 257, paragraph 214-150(4)(a) of the ITAA 1997 | 10.41, 10.21 |
| Item 258, subsection 320-195(1) of the ITAA 1997 | 10.45 |
| Item 259, paragraphs 705-90(4)(a) and (9)(a) of the ITAA 1997 | 10.14, 10.21 |
| Item 260, subsection 820-617(1) of the ITAA 1997 | 10.9 |
| Item 261, subsection 995-1(1) of the ITAA 1997, definition of 'government entity' (1st insertion) | 10.6 |
| Item 262, subsection 995-1(1) of the ITAA 1997, definition of 'participant' (1st insertion) | 10.6 |
| Item 263, subsection 995-1(1) of the ITAA 1997, definition of 'receives a refund of income tax' | 10.10 |
| Item 264, subsection 995-1(1) of the ITAA 1997, definition of 'refund of income tax' | 10.10 |
| Item 265, paragraph (2)(a) of item 23 in Schedule 3 to the New Business Tax System (Consolidation) Act (No. 1) 2002 | 10.51 |
| Item 266, item 6 in Schedule 21 to the New Business Tax System (Consolidation and Other Measures) Act 2003 | 10.35 |
| Item 267, subsection 2(2) of the Taxation Laws Amendment (Company Law Review) Act 1999 | 10.39 |
| Item 268, item 2 in Schedule 4 to the Taxation Laws Amendment (Research and Development) Act 2001 | 10.40 |
| Item 269, subsection 2(1) of the Taxation Laws Amendment (2004 Measures No. 2) Act 2001, item 9 in the table | 10.42 |
| Item 270, link notes in the ITAA 1936 | 10.30 |
| Item 271, section 2-30 of the ITAA 1997 | 10.30 |
| Item 272, subsection 995-1(1) of the ITAA 1997, definition of 'link note' | 10.30 |
| Items 273 to 276, link notes in the ITAA 1997, the Income Tax (Transitional Provisions) Act 1997, the TAA 1953 and the Venture Capital Act 2002 | 10.30 |
Schedule 11: Film tax offsets
| Bill reference | Paragraph number |
|---|---|
| Item 1, subsection 124ZAB(6A) of the ITAA 1936 | 11.8, 11.13 |
| Item 1, paragraph 124ZAB(6A)(a) of the ITAA 1936 | 11.9 |
| Item 1, paragraph 124ZAB(6A)(b) of the ITAA 1936 | 11.10 |
| Item 1, subparagraph 124ZAB(6A)(b)(i) of the ITAA 1936 | 11.14 |
| Item 1, subparagraphs 124ZAB(6A)(b)(i to iv) of the ITAA 1936 | 11.11 |
| Item 1, subparagraph 124ZAB(6A)(b)(iii) of the ITAA 1936 | 11.12 |
| Item 4, paragraph 376-5(2)(b) of the ITAA 1997 | 11.15 |
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