New Business Tax System (Alienated Personal Services Income) Tax Imposition Act (No. 1) 2000

Compilation #0 | Effective 2000-06-30

FRBR Work URI: /akn/au/act/2000/87

1 Short title

This Act may be cited as the New Business Tax System (Alienated Personal Services Income) Tax Imposition Act (No.1) 2000.

2 Commencement

This Act commences on the day on which it receives the Royal Assent.

3 Imposition

Tax is imposed by this Act to the extent that income tax payable by a person is increased as a result of an amount being included in the person’s assessable income under section 86-15 of the Income Tax Assessment Act 1997.

[Minister’s second reading speech made in—

House of Representatives on 13 April 2000

Senate on 5 June 2000]