Media releases

2010

Coverage of tax agent services regime

Following consultation with the community and industry across Australia, the Assistant Treasurer, Senator Nick Sherry, has today announced further details of the coverage of the new national tax

New study to investigate the needs of Australia's child care, education and training sectors

The Minister for Education, Employment and Workplace Relations, Julia Gillard, and the Assistant Treasurer, Senator Nick Sherry, today announced that the Productivity Commission will research fa

Release of draft legislation to widen the scope of the scrip for scrip rollover relief

The Assistant Treasurer, Senator Nick Sherry, has today released draft legislation that makes it easier for takeovers and mergers regulated by the Corporations Act 2001 to qualify for capi

Australia Signs Tax Information Treaty with Vanuatu

The Assistant Treasurer, Senator Nick Sherry and Vanuatu Finance Minister, the Hon Sela Molisa, joined by Vanuatu Attorney-General, the Mr Alatoi Ishmael Kalsakau, have today signed an historic

Productivity Commission inquiry into aged care

The Assistant Treasurer, Senator Nick Sherry, and the Minister for Ageing, Justine Elliot MP, have today announced the terms of reference for the Productivity Commission's public inquiry into ag

Package of Measures to Provide Greater Tax Certainty for Business Finance

The Assistant Treasurer, Senator Nick Sherry, today announced three actions that together will provide a greater degree of certainty in relation to the tax treatment of key business finance tran

Tax relief for insulation industry

Greg Combet, Minister Assisting the Minister for Climate Change and Energy Efficiency, and Nick Sherry, the Assistant Treasurer, today reminded eligible insulation companies that a deferral of G

Package of measures to provide greater tax certainty for business finance

The Assistant Treasurer, Senator Nick Sherry, today announced three actions that together will provide a greater degree of certainty in relation to the tax treatment of key business finance transac

Terms of reference of Inspector-General of Taxation review into Tax Office's change program

The Assistant Treasurer, Senator Nick Sherry, has today released the wide-ranging terms of reference for the Inspector-General of Taxation's review of the implementation of the Australian Taxatio

Government releases draft legislation reforming taxation treatment of special disability trusts

The Assistant Treasurer, Senator Nick Sherry, and Parliamentary Secretary for Disabilities, Bill Shorten MP, have today released for public consultation the Rudd Government's draft legislation a

Consultations begin on a National Disability Care and Support Scheme

Community Services Minister Jenny Macklin, the Assistant Treasurer, Senator Nick Sherry and the Parliamentary Secretary for Disabilities Bill Shorten today welcomed the start of the Productivity

Draft legislation to provide Capital Gains Tax relief for irrigators over replacement water entitlements

The Assistant Treasurer, Senator Nick Sherry, has today released an exposure draft of legislation to provide capital gains tax (CGT) roll-over for changes to water entitlements.

Australia leads global forum international tax transparency review process

The Assistant Treasurer, Nick Sherry, said today Australia's two-year term as Chair of the Global Forum on Transparency and Exchange of Information has begun with a major step in the fight agains

Minister signs licensing agreement between the Commonwealth and The Perth Mint

The Assistant Treasurer, Senator Nick Sherry, has today signed a new 10-year licensing agreement between the Commonwealth and the operators of the Perth Mint, Gold Corporation.

Australia signs Tax Information Agreement with Monaco

The Assistant Treasurer, Senator Nick Sherry, has announced the signing of a Tax Information Exchange Agreement (TIEA) with Monaco, as Australia's global network of jurisdictions committed to gr

Australia's campaign for greater global tax transparency gathers pace with seven more tax information treaties signed

The Assistant Treasurer, Senator Nick Sherry, has today announced the signing of a further seven Tax Information Exchange Agreements (TIEAs) as Australia's global efforts for greater transparenc

Additional certainty for the taxation of overseas-based employees

The Assistant Treasurer, Senator Nick Sherry, has moved to provide additional clarity on specific issues raised by industry regarding the implementation of changes to the taxation of Australian

Senator Joyce insults important economic reform contribution of the Productivity Commission

Senator Barnaby Joyce has plumbed new depths in his latest outburst, insulting the Productivity Commission and its important contribution to economic reform and discussion in Australia, the Assi

Abbott must clarify if Joyce 'zonal tax' proposal is coalition policy

Barely three days since he was removed by Tony Abbott as Shadow Finance Minister, Senator Barnaby Joyce has ridden roughshod over his Shadow Treasurer, putting forward a new tax policy.

Philanthropic sector expands sharply

The Assistant Treasurer, Senator Nick Sherry, has today highlighted the Private Ancillary Fund (PAF) statistics for the 2007-08 financial year, which show continued growth in donations and assets