Exposure Draft - Reforms to Capital Gains Tax to Make it Easier for Businesses to Restructure |
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Date: |
Friday, 13 May 2011 | ||||||
Content ID: |
2018 | ||||||
Abstract: |
On 11 May 2010 the then Assistant Treasurer announced that the Government would make it easier for businesses to restructure, by:
Following public consultation on the policy design of these changes, the Government has developed draft legislation to implement these measures. An exposure draft of the legislation and explanatory material are now available. Making a submissionInterested parties are invited to comment on the exposure draft package. While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email 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. Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission. Closing date for submissions: Wednesday, 15 June 2011 Address written submissions to: For enquiries, please call Paul McMahon on (02) 6263 3385. |
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Documents Available: |
![]() Acrobat (PDF)Exposure Draft 250.63kbExplanatory Memorandum - Change of Incorporation 338.21kb Explanatory Memorandum - Demerger 248.98kb Explanatory Memorandum - Share Sale 187.70kb Consultation question on share sale provisions 211.26kb Summary of Consultation Process 103.21kb ![]() Microsoft Word (RTF)Exposure Draft 8,954.49kbExplanatory Memorandum - Change of Incorporation 419.89kb Explanatory Memorandum - Demerger 548.52kb Explanatory Memorandum - Share Sale 306.87kb Consultation question on share sale provisions 37.42kb Summary of Consultation Process 876.27kb |
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