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Media releases

2012

Australian Charities and Not-for-profits Commission legislation introduced

The Gillard Government today introduced into the House of Representatives legislation to establish the Australian Charities and Not-for-profits Commission (ACNC).

Exposure draft legislation and explanatory material for company loss carry–back

The Assistant Treasurer David Bradbury and Minister for Small Business Brendan O'Connor today released for consultation exposure draft legislation and explanatory material to introduce company lo

Online dating scams cause financial damage

Minister for Home Affairs and Minister for Justice Jason Clare today released the results of the Australian Institute of Criminology's (AIC) 2010 and 2011 online scam survey held in partnership

Proposed ban for small, high-powered magnets

A process to ban small, high-powered magnets that can cause serious injury or death if swallowed by children has been initiated, said Assistant Treasurer David Bradbury.

Government welcomes passage of reforms to living-away-from-home allowances and benefits through the House of Representatives

The Government welcomes the passage today of the Tax Laws Amendment (2012 Measures No. 4) Bill 2012 through the House of Representatives.

Transfer pricing laws pass the Parliament

Laws have been passed by the Senate today to ensure that multinational companies pay their fair share of tax, said Assistant Treasurer David Bradbury.

Refunding excess GST - exposure draft legislation

Assistant Treasurer David Bradbury has today released draft legislation for public consultation to implement recommendation 45 of the Board of Taxation’s Review of the Legal Framework f

Draft legislation released for Clean Building Managed Investment Trusts

The Government has today released consultation exposure draft legislation and explanatory memorandum for "Clean Building Managed Investment Trusts".

Tony Abbott's scare campaign exposed again

Today's TD Securities - Melbourne Institute Monthly Inflation Gauge has again exposed Tony Abbott's reckless scare campaign.

Consultation on R&D quarterly credits

The Government has today released a public consultation paper to provide an opportunity for small and medium sized companies and other stakeholders to contribute to the design of the R&D Tax

Better Regulation Ministerial Partnership: Review of Excise Equivalent Goods

The Gillard Government today announced the Review of the Legal and Administrative Framework for Excise Equivalent Goods, to be delivered through a Better Regulation Ministerial Partners

Inspector-General of Taxation Review: The Australian Taxation Office's use of early and Alternate Dispute Resolution

Assistant Treasurer David Bradbury has today released the Inspector-General of Taxation's (Inspector-General's) Review into the Australian Taxation Office's use of early and Alternative Dispute Resolution (Report). 

Gillard Government progresses trust reforms

Today the Government has released a discussion paper which invites stakeholder views on options for a more workable approach for fixed trusts.

Release of exposure draft materials to provide clarity on the tax treatment of native title benefits

Exposure draft legislation and explanatory material has been released today which will provide certainty about the way native title benefits interact with the income tax system.

Declaration of a disaster for the purposes of tax deductibility - Italian earthquakes

Assistant Treasurer David Bradbury has declared the earthquakes that hit North-Eastern Italy on 20 May and 29 May 2012, a disaster for tax purposes.

New funding for ABS to track online retail sales

ent will provide $2.1 million over four years in funding for the Australian Bureau of Statistics (ABS) to track Australian online retail spending. In its 2010 report into retailing, the Productivi

Coalition should get behind foreign investment register

The Coalition should support the Government's consultations on a register of foreign ownership of agricultural land, said Assistant Treasurer David Bradbury.

Retail Council of Australia meets in Sydney

Assistant Treasurer David Bradbury today chaired the inaugural meeting of the Retail Council of Australia (the Council) in Sydney.

Release of discussion paper for "Improving Access to Company Losses - Loss Carry Back"

A discussion paper on the application of new loss carry-back provisions has been released today, said Assistant Treasurer David Bradbury.

Consultation material for taxation of sustainable water use and infrastructure arrangements

Assistant Treasurer David Bradbury today released draft legislation and explanatory material for the taxation of Sustainable Rural Water Use and Infrastructure Program arrangements.