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Income Tax Consolidation Regime: Exposure draft legislation and explanatory material


Tuesday, 28 April 2009

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The Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, the Hon Chris Bowen MP, has released exposure draft legislation to improve the income tax consolidation regime and associated explanatory material.

The exposure draft legislation implements announced changes to enhance the consolidation regime and improve interactions with other parts of the law. Further information about these improvements is in the Treasurer’s Press Release No 53 of 13 May 2008 (issued jointly with the Assistant Treasurer and Minister for Competition Policy and Consumer Affairs).

Interested parties are invited to comment on the exposure draft legislation and associated explanatory material. While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please email responses in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment. A request made under the Freedom of Information Act 1982 (Commonwealth) for a submission marked 'confidential' to be made available will be determined in accordance with that Act.

Closing date for submissions: 25 May 2009

Address written submissions to:
The Manager
Company Tax Unit
Business Tax Division
The Treasury
Langton Crescent

Fax: (02) 6263 4466.

Email: consolidation@treasury.gov.au.

Documents Available:

Acrobat (PDF) documents

 Acrobat (PDF)

Exposure draft legislation  133.42kb
Exposure draft explanatory material  293.83kb
Consultation Summary (1)  25.06kb
Consultation Summary (2)  34.02kb

Microsoft Word (RTF) documents

 Microsoft Word (RTF)

Exposure draft legislation  405.23kb
Exposure draft explanatory material  929.95kb
Consultation Summary (1)  841.89kb
Consultation Summary (2)  845.95kb

Related Items:

Submissions: Income Tax Consolidation Regime: Exposure Draft Legislation and Explanatory Material - 10/02/2010
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