Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Schedule(s)......................................................................................... 2

4............ Amendment of assessments................................................................ 3

Schedule 1--Tax treatment of native title benefits                                            4

Part 1--Main amendments                                                                                         4

Income Tax Assessment Act 1936                                                                              4

Income Tax Assessment Act 1997                                                                              4

Part 2--Other amendments                                                                                        8

Income Tax Assessment Act 1936                                                                              8

Income Tax Assessment Act 1997                                                                              9

Schedule 2--Deductible gift recipients                                                                    10

Income Tax Assessment Act 1997                                                                            10

Schedule 3--Geothermal energy                                                                                12

Income Tax Assessment Act 1997                                                                            12

Schedule 4--Extension of interim streaming provisions for managed investment trusts              19

Tax Laws Amendment (2011 Measures No. 5) Act 2011                                    19

Schedule 5--Rebate for medical expenses                                                            20

Income Tax Assessment Act 1936                                                                            20

Schedule 6--Limited recourse debt                                                                          26

Income Tax Assessment Act 1997                                                                            26

Schedule 7--In-house fringe benefits under salary packaging arrangements     28

Fringe Benefits Tax Assessment Act 1986                                                             28

Schedule 8--Miscellaneous amendments                                                               31

Part 1--Amendments of superannuation regulations                                 31

Retirement Savings Accounts Regulations 1997                                                 31

Superannuation Industry (Supervision) Regulations 1994                              31

Part 2--Other amendments of taxation laws                                                  33

A New Tax System (Goods and Services Tax) Act 1999                                      33

Fringe Benefits Tax Assessment Act 1986                                                             34

Income Tax Assessment Act 1997                                                                            35

Taxation Administration Act 1953                                                                         36

Tax Laws Amendment (2009 Measures No. 2) Act 2009                                    36

 

 

 

Tax Laws Amendment (2012 Measures No. 6) Act 2013

No. 84, 2013

 

An Act to amend the law relating to taxation and superannuation, and for related purposes

[Assented to 28 June 2013]

 

The Parliament of Australia enacts:

[Minister's second reading speech made in--

House of Representatives on 29 November 2012

Senate on 19 March 2013]