No. 57, 2012
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 2
3............ Schedule(s)......................................................................................... 2
Schedule 1--Exempt shipping income 3
Income Tax Assessment Act 1997 3
Schedule 2--Capital allowances 7
Part 1--Statutory capped life 7
Income Tax Assessment Act 1997 7
Part 2--Balancing adjustment events and roll-over relief 10
Income Tax Assessment Act 1997 10
Schedule 3--Seafarer tax offset 13
Income Tax Assessment Act 1997 13
Schedule 4--Exempting bareboat charters from royalty withholding tax 17
Income Tax Assessment Act 1936 17
Schedule 5--Shipping information 18
Taxation Administration Act 1953 18
Tax Laws Amendment (Shipping Reform) Act 2012
No. 57, 2012
An Act to amend the law relating to taxation, and for related purposes
[Assented to 21 June 2012]
The Parliament of Australia enacts:
[Minister's second reading speech made in--
House of Representatives on 22 March 2012
Senate on 18 June 2012]
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