House of Representatives
Tax Laws Amendment (2011 Measures No. 5) Bill 2011
Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)Index
Schedule 1: Primary producers' income averaging and farm management deposits
Bill reference | Paragraph number |
---|---|
Item 1, subsection 392-20(1) and item 2, subsection 392-20(2) | 1.16 |
Item 1, subsection 392-20(1) and item 2, subsection 392-20(3) | 1.18 |
Item 1, subsection 392-20(1), item 2, subsection 392-20(4) and item 3, subsections 392-22(1) and (2) | 1.23 |
Item 2, subsection 392-20(5) | 1.29 |
Item 3, subsections 392-22(1) and (3) to (5) | 1.24 |
Item 4, note to section 97A of the ITAA 1936 | 1.33 |
Item 5, note to section 202DL of the ITAA 1936 | 1.34 |
Item 6, subsection 393-5(1) (note 2) | 1.32 |
Items 7 and 8, subsections 393-25(2) and (3) and item 11, section 393-28) | 1.30 |
Item 9, subsection 393-25(3), item 10, subsections 393-25(5) and (6), item 11, section 393-27 | 1.26 |
Items 9 and 10, subsections 393-25(3) and (4) | 1.25 |
Item 12, section 393-35 (note to item 1 in the table) | 1.31 |
Item 13, section 393-27 of the Income Tax (Transitional Provisions) Act 1997 | 1.28 |
Item 14 | 1.27 |
Schedule 2: Interim changes to the taxation of trust income
Bill reference | Paragraph number |
---|---|
Item 1, section 95AAA of the ITAA 1936 | 2.31 |
Item 1, section 95AAB of the ITAA 1936 | 2.218 |
Item 1, subsections 95AAB(3) and 95AAC(5) of the ITAA 1936 | 2.221 |
Item 1, section 95AAC of the ITAA 1936 | 2.219 |
Item 2, subsection 95(1) of the ITAA 1936 | 2.128, 2.192 |
Items 2 and 4, subsection 95(1) of the ITAA 1936 and item 25, subsection 995-1(1) | 2.74 |
Items 2, 4 and 5, subsection 95(1) of the ITAA 1936 and item 25, subsection 995-1(1) | 2.73 |
Items 3 and 6, subsections 95(1) and 100AB(4) of the ITAA 1936 | 2.195 |
Item 6, subsection 100AA(1) of the ITAA 1936 | 2.178 |
Item 6, subsections 100AA(1) to (3) of the ITAA 1936 | 2.173 |
Item 6, paragraphs 100AA(1)(b) and 100AB(1)(b) of the ITAA 1936 | 2.172 |
Item 6, paragraph 100AA(1)(c) of the ITAA 1936 | 2.179 |
Item 6, subsection 100AA(2) of the ITAA 1936 | 2.180 |
Item 6, subsection 100AA(3) of the ITAA 1936 | 2.181 |
Item 6, subsections 100AA(3) and 100AB(2) of the ITAA 1936 | 2.175 |
Item 6, subsection 100AA(4) of the ITAA 1936 | 2.182 |
Item 6, subsections 100AA(4) and (5) of the ITAA 1936 | 2.183 |
Item 6, subsection 100AA(6) of the ITAA 1936 | 2.185 |
Item 6, subsections 100AA(7) and 100AB(8) of the ITAA 1936 | 2.171 |
Item 6, subsections 100AB(1) and (2) of the ITAA 1936 | 2.174 |
Item 6, subsections 100AB(1) and (3) of the ITAA 1936 | 2.189 |
Item 6, subsection 100AB(2) of the ITAA 1936 | 2.190 |
Item 6, subsection 100AB(3) of the ITAA 1936 | 2.193, 2.194 |
Item 6, subsection 100AB(4) of the ITAA 1936 | 2.196 |
Item 6, subsection 100AB(5) of the ITAA 1936 | 2.200 |
Item 6, subsection 100AB(6) of the ITAA 1936 | 2.201 |
Item 6, subsection 100AB(7) of the ITAA 1936 | 2.203 |
Item 7, section 102UW of the ITAA 1936 | 2.28, 2.155 |
Item 7, sections 102UX and 102UY of the ITAA 1936 | 2.156 |
Item 7, subsection 102UY(2) of the ITAA 1936 | 2.157 |
Item 7, subsection 102UY(3) of the ITAA 1936 | 2.159 |
Item 7, subsection 102UY(4) of the ITAA 1936 | 2.161 |
Item 8, section 115-200 and item 10 | 2.81 |
Item 9, subsection 115-215(3) | 2.80, 2.96, 2.97 |
Item 9, subsection 115-215(3) and item 11, sections 115-225 and 115-227 | 2.83 |
Item 11, section 115-220 | 2.98 |
Item 11, sections 115-220 and 115-222 | 2.82 |
Item 11, subsection 115-220(1) | 2.98 |
Item 11, paragraph 115-220(1)(b) | 2.100 |
Item 11, section 115-222 | 2.101 |
Item 11, subsections 115-222(1) and (2) | 2.102 |
Item 11, subsections 115-222(3) and (4) | 2.103 |
Item 11, subsection 115-225(1) | 2.90 |
Item 11, paragraph 115-225(1)(a) | 2.91 |
Item 11, paragraph 115-225(1)(b) | 2.89 |
Item 11, subsection 115-225(2) | 2.93 |
Item 11, subsection 115-225(3) | 2.94 |
Item 11, section 115-227 and item 26, subsection 995-1(1) | 2.85 |
Item 11, subsection 115-228(1) | 2.50, 2.54 |
Item 11, subsection 115-228(1) and item 24, subsection 207-58(1) | 2.47, 2.56 |
Item 11, paragraph 115-228(1)(c) | 2.66 |
Item 11, paragraph 115-228(1)(c) and item 24, paragraph 207-58(1)(c) | 2.62 |
Item 11, subsection 115-228(3) | 2.52 |
Item 11, section 115-228, item 24, section 207-58 and item 27, subsection 995-1(1) | 2.37 |
Item 11, subsection 115-228(1) and item 24, subsection 207-58(1) | 2.38, 2.41 |
Items 12, 13, 15, 16 and 17, section 115-230 | 2.107 |
Item 14, subsection 115-230(2) | 2.108 |
Item 17, paragraph 115-230(4)(a) | 2.110 |
Item 17, paragraph 115-230(4)(b) | 2.111 |
Item 18, subsection 207-35(3) | 2.144 |
Item 18, paragraphs 207-35(3)(d) and 207-35(5)(c) | 2.143 |
Item 18, paragraph 207-35(4)(a) | 2.145 |
Item 18, paragraph 207-35(4)(b) | 2.147 |
Item 18, subsections 207-35(5) and (6) | 2.148 |
Item 18, subsection 207-35(6) | 2.149 |
Item 19, subsection 207-37(1) | 2.121 |
Item 19, subsections 207-37(2) and (3) | 2.132 |
Items 20, 21 and 28 to 50 | 2.222 |
Item 22, subsection 207-55(3) | 2.124 |
Item 23, subsection 207-55(4) | 2.125 |
Item 23, paragraph 207-55(4)(a) | 2.126 |
Item 23, subparagraphs 207-55(4)(b)(i) and (ii) | 2.127 |
Item 24, subsection 207-58(1) | 2.51, 2.53, 2.134 |
Item 24, paragraph 207-58(1)(c) | 2.67 |
Item 24, subsection 207-58(2) | 2.135 |
Item 24, section 207-59 | 2.57, 2.139 |
Item 51, subitem 51(1) | 2.204 |
Item 51, subitems 51(2) to (4) | 2.206 |
Item 51, subitems 51(5) to (7) | 2.208 |
Item 51, subitem 51(7) | 2.209 |
Schedule 3: National Rental Affordability Scheme
Bill reference | Paragraph number |
---|---|
Item 1, subsections 380-10(1) and (2) | 3.32 |
Item 1, subsection 380-10(2) | 3.39 |
Item 1, subsection 380-10(3) | 3.42 |
Item 1, section 380-14 | 3.46 |
Item 1, subsection 380-15 | 3.48 |
Item 1, subsection 380-15(2) | 3.49 |
Item 1, subsection 380-15(3) | 3.50 |
Item 1, sections 380-5 and 380-20 | 3.51 |
Item 2, section 380-32 | 3.41, 3.72 |
Item 3 | 3.81 |
Item 4, subsections 380-11(1) and (4) and 380-12(1) and (2) | 3.54 |
Item 4, subsections 380-11(2) and 380-16(2) | 3.71 |
Item 4, subsections 380-11(3) and 380-16(3) | 3.73 |
Item 4, section 380-12 | 3.55 |
Item 4, subsection 380-12(3) | 3.59 |
Item 4, subsection 380-12(4) | 3.58 |
Item 4, subsection 380-12(5) | 3.60 |
Item 4, subsection 380-12(6) | 3.61 |
Item 4, section 380-13 | 3.62 |
Items 5, 12, 13 and 15 | 3.84 |
Item 6, section 380-16 | 3.63 |
Item 6, subsection 380-16(2) | 3.68, 3.69 |
Item 6, subsection 380-16(5) | 3.66 |
Item 6, subsection 380-16(6) | 3.67 |
Item 6, section 380-17 | 3.64 |
Item 6, subsection 380-17(2) | 3.65 |
Item 6, section 380-18 | 3.70 |
Item 7 | 3.82 |
Item 8 | 3.83 |
Item 9, paragraph 118-37(1)(j) | 3.78 |
Item 10, section 380-35 | 3.76, 3.77 |
Item 11 | 3.79 |
Item 14, subsection 995-1(1) | 3.28, 3.30 |
Item 16, subsection 995-1(1) | 3.36 |
Item 17, subsection 995-1(1) | 3.22, 3.27 |
Item 18, subsection 995-1(1) | 3.23 |
Item 19, subsection 995-1(1) | 3.35 |
Schedule 4: Phasing out the dependent spouse tax offset
Bill reference | Paragraph number |
---|---|
Item 1, sub-subparagraph 23AB(7)(a)(ii)(D) | 4.34 |
Item 2, subparagraph 23AB(7)(a)(iii) | 4.38 |
Item 3, subsection 23AB(7A) | 4.37 |
Item 4, paragraphs 79A(2)(a), (d) and (e) | 4.40 |
Item 5, subsection 79A(4) | 4.41 |
Item 6, subsection 79A(4) | 4.42 |
Items 7 and 8, subparagraphs 79B(2)(a)(ii) and (iii) | 4.43 |
Items 9 and 10, subsection 79B(4) | 4.44 |
Item 11, subsection 79B(4A) | 4.45 |
Item 12, subsection 79B(6) | 4.46 |
Item 13, subsection 79B(6) | 4.47 |
Item 14, subsection 159HA(7) | 4.48 |
Item 15, subsection 159J(1C) | 4.49 |
Item 15, subsection 159J(ID) | 4.50 |
Item 15, subsection 159J(1E) | 4.51 |
Item 16, subsection 159J(2) (item 5 in the table) | 4.52 |
Item 17, subsection 159J(3) | 4.54 |
Item 18, subsection 159J(3) | 4.55 |
Item 19, subsection 159J(3A) | 4.56 |
Item 20, subsection 159J(5CA) | 4.57 |
Item 21, subsection 159J(5D) | 4.58, 4.59 |
Item 22, subsection 159J(6) | 4.60 |
Item 23, subsection 159J(6) | 4.61 |
Item 24, subsection 159J(6) | 4.62 |
Item 25, paragraph 159JA(1)(a) | 4.64 |
Item 26, paragraph 159JA(3)(b) | 4.65 |
Item 27, subsection 159L(1) | 4.66 |
Item 28, subsection 159L(1) | 4.67 |
Item 29, paragraph 159L(1)(c) | 4.68 |
Item 30, subsection 159L(3) | 4.69 |
Item 31, subsection 159L(4) | 4.70 |
Item 32, subsection 159P(4) | 4.71 |
Item 33, section 13-1 | 4.73 |
Item 34 | 4.72 |
Schedule 5: Car fringe benefits
Bill reference | Paragraph number |
---|---|
Item 1, subsection 9(1) (formula and definition) | 5.48 |
Items 1 and 4, subsection 9(1) (formula and definitions), paragraphs 9(2)(c) and (d) | 5.47 |
Items 2, 3, 5, 6 and 7, subparagraphs 9(2)(a)(i) and 9(2)(e)(i), paragraph 9(2)(b), subsections 9(2) and 136(1) | 5.60 |
Item 8 | 5.50, 5.53 |
Item 9 | 5.55, 5.57, 5.58 |
Items 10 to 12, subsections 135K(4), 9(1) (note) and 136(1) (definition of 'annualised number of whole kilometres') | 5.61 |
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).