No. 8, 2019
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 2
3............ Schedules............................................................................................ 3
Schedule 1--Direction powers 4
Part 1--Direction to pay superannuation guarantee charge 4
Taxation Administration Act 1953 4
Part 2--Education directions 10
Taxation Administration Act 1953 10
Part 3--Consequential amendments 15
Administrative Decisions (Judicial Review) Act 1977 15
Taxation Administration Act 1953 15
Schedule 2--Disclosure of information about non-compliance 16
Taxation Administration Act 1953 16
Schedule 3--Single touch payroll reporting 18
Part 1--Single touch payroll reporting 18
Income Tax Assessment Act 1997 18
Taxation Administration Act 1953 18
Part 2--Reporting of salary sacrifice amounts 20
Taxation Administration Act 1953 20
Schedule 4--Fund reporting 22
Part 1--Grace period for member information statements 22
Taxation Administration Act 1953 22
Part 2--Employer reporting of superannuation contributions 25
Taxation Administration Act 1953 25
Part 3--Statements for lost members 26
Superannuation (Unclaimed Money and Lost Members) Act 1999 26
Taxation Administration Act 1953 28
Schedule 5--Compliance measures 29
Part 1--Penalties relating to estimates 29
Taxation Administration Act 1953 29
Part 2--Director penalties 32
Taxation Administration Act 1953 32
Part 3--Orders to provide security 34
Taxation Administration Act 1953 34
Schedule 6--Amendments relating to employee commencement 36
Part 1--Disclosure of tax file numbers 36
Income Tax Assessment Act 1936 36
Part 2--Withholding information 37
Taxation Administration Act 1953 37
Part 3--Superannuation choice 38
Taxation Administration Act 1953 38
Schedule 7--Information sharing 39
Part 1--Tax file number sharing and verification 39
Income Tax Assessment Act 1936 39
Part 2--Providing information to the Repatriation Commission 41
Taxation Administration Act 1953 41
Schedule 8--Miscellaneous amendments 42
Part 1--Amendments to commencement provisions 42
Superannuation Legislation Amendment (MySuper Core Provisions) Act 2012 42
Part 2--Amendments to application provisions 43
Tax Laws Amendment (Implementation of the Common Reporting Standard) Act 2016 43
Part 3--Road user charge 44
Part 4--Seasonal Workers Program 46
Income Tax Assessment Act 1997 46
Taxation Administration Act 1953 46
Part 5--Offshore information notices 48
Income Tax Assessment Act 1936 48
Income Tax Assessment Act 1997 48
Petroleum Resource Rent Tax Assessment Act 1987 48
Register of Foreign Ownership of Water or Agricultural Land Act 2015 48
Taxation Administration Act 1953 49
Part 6--Various amendments 54
A New Tax System (Goods and Services Tax) Act 1999 54
Competition and Consumer Act 2010 54
Crimes (Taxation Offences) Act 1980 54
Fringe Benefits Tax Assessment Act 1986 54
Income Tax Assessment Act 1936 55
Income Tax Assessment Act 1997 57
Income Tax (Transitional Provisions) Act 1997 58
Taxation Administration Act 1953 58
Taxation (Interest on Overpayments and Early Payments) Act 1983 61
Part 7--Transitional arrangements relating to the disclosure of information 63
Superannuation (Resolution of Complaints) Act 1993 63
Schedule 9--Deductible gift recipients 64
Income Tax Assessment Act 1997 64
Schedule 10--Further deductible gift recipients 66
Income Tax Assessment Act 1997 66
Schedule 11--Extending DGR status to entities promoting Indigenous languages 68
Income Tax Assessment Act 1997 68
Treasury Laws Amendment (2018 Measures No. 4) Act 2019
No. 8, 2019
An Act to amend the law relating to taxation, superannuation, competition and consumers, and for related purposes
[Assented to 1 March 2019]
The Parliament of Australia enacts:
[Minister's second reading speech made in--
House of Representatives on 28 March 2018
Senate on 25 June 2018]
(79/18) |