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국회도서관 홈으로 정보검색 소장정보 검색

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Title page 1

Contents 4

Members 3

Abbreviations 6

Chapter 1. Introduction 7

Purpose of the bill 7

Schedule 1 - Removing the $2 threshold for deductions for gifts or contributions 7

Financial impact 8

Schedule 2 - Modernising tax administration systems 9

Beneficiary TFN reporting 9

Commissioner's notifications 9

Financial impact 10

Schedule 3 - Minor and technical amendments 10

Financial impact 11

Schedule 4 - Exclusion of tobacco and gambling related activities from the Research and Development Tax Incentive 11

Financial impact 12

Commencement details 12

Human rights implications 13

Schedules 1 and 3 13

Schedule 2 13

Schedule 4 14

Legislative scrutiny 14

Conduct of the inquiry 14

Acknowledgements 14

Chapter 2. Views on the bill 15

Schedule 1 - Removing the $2 threshold for deductions for gifts or contributions 15

Schedule 2 - Modernising tax administration systems 16

Schedule 3 - Minor and technical amendments 16

Schedule 4 - Exclusion of tobacco and gambling related activities from the Research and Development Tax Incentive 17

Support for the bill 17

Concerns raised 17

Committee view 19

Appendix 1. Submissions 21

Tables 7

Table 1.1. Summary of the bill's schedules 7

Table 1.2. Estimated increase in receipts from 2023-24 10

Table 1.3. Estimated impact on receipts 12

Table 1.4. Commencement details for the bill's schedules 12