Contents

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

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

3............ Schedules............................................................................................ 2

Schedule 1--Amendments                                                                                                4

Part 1--Reducing the corporate tax rate for small business entities     4

Income Tax Rates Act 1986                                                                                        4

Part 2--Consequential amendments                                                                      6

Division 1--Main amendments                                                                                6

Income Tax Assessment Act 1936                                                                              6

Income Tax Assessment Act 1997                                                                              6

Income Tax Rates Act 1986                                                                                      10

Division 2--Amendment of the Tax and Superannuation Laws Amendment (2015 Measures No. 1) Act 2015        10

Tax and Superannuation Laws Amendment (2015 Measures No. 1) Act 2015 10

Part 3--Application of amendments                                                                   11

 

 

 

 

Tax Laws Amendment (Small Business Measures No. 1) Act 2015

No. 66, 2015

 

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

[Assented to 22 June 2015]

The Parliament of Australia enacts: