Media releases

1999

Comprehensive Taxation Agreement Between Australia and the Argentine Republic

On Friday 27 August 1999 in Buenos Aires, the Minister for Trade, the Hon.

Comprehensive Taxation Agreement Between Australia and the Slovak Republic

The Minister for Foreign Affairs for the Slovak Republic, Dr Eduard Kukan, and I signed in Canberra today a comprehensive taxation agreement between Australia and the Slovak Republic for the avoida

New Superannuation Investment Rules Introduced Into Parliament

Today the Superannuation Legislation Amendment Bill (No.4) 1999 was introduced into the House of Representatives, to give effect to the new investment rules for superannuation funds.

Tax Deductibility to the National Nurses' Memorial Trust Fnd

The Assistant Treasurer, Senator Rod Kemp, today announced that the Government would amend the income tax law to extend the period which tax deductible gifts can be made to the National Nurses’ Mem

Amendments to the Comprehensive Taxation Agreement Between Australia and Malaysia

Today in Sydney the Minister for Trade, the Hon.

Family Planning Australia Overseas Aid Fund Gifts To Be Tax Deductable

The Assistant Treasurer, Senator Rod Kemp, today announced that the Government will legislate to allow gifts to the value of two dollars or more to the Family Planning Australia Incorporated Ov

Tax Deductibility to the Korean War Memorial Trust Fund Extended

The Assistant Treasurer, Senator Rod Kemp, today announced that the Government has decided to amend the income tax law to extend the period during which tax deductible gifts of $2 or more can be ma

Senator Kemp Launches Tax Office Ethnic Radio Programs

The Assistant Treasurer, Senator Rod Kemp, today launched a new series of ethnic radio programs from the Australian Taxation Office to be aired on SBS Radio.

Income Tax Exemption for Business Re-establishment Grants from Cyclones Elaine and Vance Trust Fund

The Assistant Treasurer Senator Rod Kemp, today announced that the Government will amend the law to exempt from income tax, the business assistance grants paid to eligible businesses devastated by

Comprehensive Taxation Agreement Between Australia and the Republic of South Africa

South Africa's High Commissioner to Australia, Dr Bhadra Ranchod, and I signed in Canberra today a comprehensive taxation agreement between Australia and the Republic of South Africa, for the avoid

New Commencement Date For Self Managed Super Funds Bill

The Assistant Treasurer Senator Rod Kemp, today announced a new commencement date for the new definition for Self Managed Superannuation Funds (SMSFs) and the transfer of the regulation of these fu

Super Figures Continue Growing

Latest APRA figures indicate that Australian Superannuation Assets grew at a strong 11 per cent during the year to March 1999, with a 2.6 per cent growth in the March quarter of this year, Assistan

Lower Supervisory Levy for Excluded Superannuation Funds

The Assistant Treasurer Senator Rod Kemp, today announced a reduction in the Superannuation Supervisory Levy applicable to excluded superannuation funds from $200 to $45 for the 1998-99 year of inc

Deductibility of Gifts to the Australian Ex-Prisoners of War Memorial Appeal

The Assistant Treasurer, Senator Rod Kemp, today announced that gifts to the value of $2 dollars or more made to the Australian Ex-Prisoners Of War Memorial Appeal will be tax deductible.

Preservation of Earnings on Pensions Paid by Superannuation Funds

The Assistant Treasurer, Senator Rod Kemp, today announced that the Government will amend the superannuation legislation to clarify that the existing preservation arrangements, which do not require

Deferral of Start Dates for Superannuation Choice and 'Opting Out' Due to Senate Legislative Backlog

The Assistant Treasurer, Senator Rod Kemp, announced today that it had become necessary to defer the start dates for the Government’s policies to provide choice of superannuation fund and Superannu

Sydney Hail Storm Assistance Fund Donations Now Tax Deductible

The Assistant Federal Treasurer, Senator Rod Kemp, today announced that donations to the Natural Disaster (Sydney Hail Storm Assistance) Fund will be tax deductible.

Donations to Linton Appeal to be Tax Deductible

The Assistant Treasurer, Senator Rod Kemp, has announced that donations made to the Linton Bush Fire Appeal will be tax deductible through specific listing in the income tax law, subject to the fun

Dividend Imputation: Life Assurance Companies

I am announcing today amendments to close off a loophole in the dividend imputation provisions relating to life assurance companies in the Income Tax Assessment Act 1936 (the Act).

Casinos Receive No Special Exemptions

Assistant Federal Treasurer, Senator Rod Kemp, has rejected media claims that the Government is giving GST concessions for high roller gamblers in Australian casinos.