Contents

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

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

3............ Schedule(s)......................................................................................... 4

Schedule 1--Monthly PAYG instalments                                                               5

Part 1--Main amendments                                                                                         5

Taxation Administration Act 1953                                                                           5

Part 2--Consequential amendments                                                                    19

Income Tax Assessment Act 1997                                                                            19

Part 3--Application and transitional provisions                                            21

Schedule 2--Incentives for designated infrastructure projects               24

Part 1--Main amendments                                                                                       24

Income Tax Assessment Act 1936                                                                            24

Income Tax Assessment Act 1997                                                                            24

Part 2--Consequential amendments                                                                    46

Income Tax Assessment Act 1936                                                                            46

Income Tax Assessment Act 1997                                                                            48

Infrastructure Australia Act 2008                                                                          52

Part 3--Application of amendments                                                                   53

Income Tax (Transitional Provisions) Act 1997                                                  53

Part 4--Miscellaneous amendments                                                                    54

Division 1--Income Tax Assessment Act 1936                                                  54

Division 2--Income Tax Assessment Act 1997                                                  55

Schedule 5--Tax secrecy and transparency                                                        56

Part 1--Main amendments                                                                                       56

Taxation Administration Act 1953                                                                         56

Part 2--Consequential amendments                                                                    61

Income Tax Assessment Act 1997                                                                            61

Part 3--Application of amendments                                                                   62

Schedule 6--Petroleum resource rent tax                                                             63

Petroleum Resource Rent Tax Assessment Act 1987                                           63

Schedule 7--Removing CGT discount for foreign individuals               68

Income Tax Assessment Act 1997                                                                            68

Schedule 8--Tax exemption for payments under Defence Abuse Reparation Scheme 76

Income Tax Assessment Act 1997                                                                            76

Schedule 9--GST-free treatment for National Disability Insurance Scheme funded supports                77

A New Tax System (Goods and Services Tax) Act 1999                                      77

Schedule 10--Deductible gift recipients                                                                 79

Part 1--Main amendments                                                                                       79

Income Tax Assessment Act 1997                                                                            79

Tax Laws Amendment (2011 Measures No. 2) Act 2011                                    80

Part 2--The Charlie Perkins Scholarship Trust                                              81

Income Tax Assessment Act 1997                                                                            81

Tax Laws Amendment (Special Conditions for Not-for-profit Concessions) Act 2013      81

Schedule 11--Miscellaneous amendments                                                            82

Part 1--Amendments commencing after the Australian Charities and Not-for-profits Commission Act 2012                                                                                                                   82

Income Tax Assessment Act 1997                                                                            82

Income Tax (Transitional Provisions) Act 1997                                                  82

Part 2--Amendment commencing after Schedule 1 to the Tax Laws Amendment (2012 Measures No. 6) Act 2013                                                                                                          83

Income Tax Assessment Act 1997                                                                            83

Income Tax (Transitional Provisions) Act 1997                                                  83

Part 3--Fringe Benefits Tax                                                                                    85

Fringe Benefits Tax Assessment Act 1986                                                             85

Taxation Administration Act 1953                                                                         90

Part 4--Updating indexation provisions                                                           92

Income Tax Assessment Act 1997                                                                            92

Superannuation (Government Co-contribution for Low Income Earners) Act 2003         92

Superannuation Guarantee (Administration) Act 1992                                    92

Part 5--Other amendments                                                                                      93

Income Tax Assessment Act 1936                                                                            93

Income Tax Assessment Act 1997                                                                            93

 

 

 

Tax Laws Amendment (2013 Measures No. 2) Act 2013

No. 124, 2013

 

An Act to amend the law relating to taxation and the Tax Agent Services Act 2009, and for other purposes

[Assented to 29 June 2013]

 

The Parliament of Australia enacts: