House of Representatives
Tax Laws Amendment (2012 Measures No. 3) Bill 2012
Income Tax (Seasonal Labour Mobility Program Withholding Tax) Bill 2012
Tax Laws Amendment (Income Tax Rates) Bill 2012
Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)Index
Tax Laws Amendment (2012 Measures No. 3) Bill 2012
Schedule 1: Seasonal labour mobility program
| Bill reference | Paragraph number |
| Item 1 | 7.6 |
| Items 1, 3, 9, 12 to 19, 21 and 23 to 26, subsection 170(10AA) (after item 5 in the table) of the ITAA 1936, section 12-5 (item headed 'employees' in the table) item 22D in the table in subsection 10- 5(1) (after item 22C in the table), subsection 15-10(2), subsection 15-15(1), note 3A to subsection 15-15 (1) (after note 3), paragraphs 16-153(1)(a) and 16-195(1)(ab), section 18-1, subsection 18-10(1), group heading before section 18-30, section 18-35 (heading), and paragraphs 18-35(2)(a) and (c), (3)(a) and (c) in Schedule 1 to the TAA 1953 | 1.54 |
| Items 2 to 5 | 7.9 |
| Items 2, 8, 27 and 28, section 11-55 (item in the table headed 'foreign aspects of income taxation') of the ITAA 1997, item 18A in the table in subsection 8AAB(4) (after item 18 in the table) and item 39AA in subsection 250-10(2) (after item 39A in the table) and subsection 340-10(2) in Schedule 1 to the TAA 1953 (after paragraph (d) of item 6 in the table, column headed 'Provision(s)' | 1.55 |
| Item 4, subsection 26-25A(1) of the ITAA 1997 | 1.20 |
| Item 4, subsection 26-25A(2) of the ITAA 1997 | 1.21 |
| Item 5, sections 840-900 to 840-905 of the ITAA 1997, item 20, section 18-33 | 1.23 |
| Item 5, sections 840-905 and 840-910 of the ITAA 1997 | 1.42 |
| Item 5, subsection 840-910(1) of the ITAA 1997 | 1.29 |
| Item 5, subsection 840-910(2) of the ITAA 1997 | 1.31 |
| Item 5, subsection 840-910(3) of the ITAA 1997 | 1.30 |
| Item 5, subsection 840-910(4) of the ITAA 1997 | 1.33 |
| Item 5, subsection 840-910(5) of the ITAA 1997 | 1.34 |
| Item 5, subsection 840-910(6) of the ITAA 1997 | 1.35 |
| Item 5, section 840-915 of the ITAA 1997 | 1.25 |
| Item 5, section 840-920 of the ITAA 1997 | 1.36 |
| Item 6 | 7.7 |
| Item 6, definition of 'Seasonal Labour Mobility Program withholding tax' in subsection 995-1(1) | 1.56 |
| Item 7 | 7.11 |
| Item 7, section 840-905 of the IT(TP) Act 1997 | 1.53 |
| Item 8 | 7.12 |
| Item 10, section 12-319A | 1.18 |
| Item 11 | 1.52 |
| Item 16, paragraph 16-195(1)(ab) | 1.51 |
| Item 20, section 18-33 | 1.37 |
| Item 22, paragraphs 18-35(1AA)(a) to (c) | 1.47 |
| Item 22, paragraph 18-35(1AA)(d) | 1.49 |
| Items 23 to 26, paragraphs 18-35(2)(a) and (c) and (3)(a) and (c) | 1.50 |
Schedule 2: Excise exemptions for certain blends of gaseous fuels and aviation fuels
| Bill reference | Paragraph number |
| Item 1, subsection 77H(2A) and subsection 77(H)2B | 2.16 |
| Item 3, subsection 77H(5) | 2.14 |
Schedule 3: Low-income taxpayer rebate
| Bill reference | Paragraph number |
| Item 1, section 159N | 3.4 |
| Item 2 | 3.5 |
Schedule 4: Clean energy payments
| Bill reference | Paragraph number |
| Item 1, section 11-15 | 4.5 |
| Item 1, section 11-15 | 4.5 |
| Item 4, subsection 52-65(1) | 4.5 |
| Item 5, subsection 52-65(1G) | 4.5 |
| Item 6, section 52-75 | 4.5 |
| Item 7, section 52-114 | 4.5 |
| Item 8, section 52-114 | 4.5 |
| Item 9, subsection 52-131(2) | 4.5 |
| Item 10, subsection 52-131(8) | 4.5 |
| Item 11, section 52-132 | 4.5 |
| Item 12, subsection 52-140(3) | 4.5 |
| Item 13,subsection 53-10 | 4.5 |
| Item 14, subsection 53-15 | 4.5 |
| Item 15 | 4.6 |
Schedule 5: Better targeting of the employment termination payment tax offset
| Bill reference | Paragraph number |
| Item 1, paragraphs 82-10(4)(a) and 82-10(4)(b) | 5.24 |
| Item 1, subparagraphs 82-10(4)(a)(i) and 82-10(4)(b)(i) | 5.25 |
| Item 1, subparagraphs 82-10(4)(a)(ii) and 82-10(4)(b)(ii) | 5.26 |
| Item 1, subsection 82-10(7) | 5.28 |
| Item 1, subparagraph 82-10(6)(d)(iii) | 5.28 |
| Item 1, subsection 82-10(4) | 5.18 |
| Item 1, paragraph 82-10(4)(c) | 5.19 |
| Item 1, paragraph 82-10(4)(c) and subsection 82-10(5) | 5.20 |
| Item 1, subsection 82-10(8) | 5.21, 5.27 |
| Item 1, paragraph 82-10(6)(d) | 5.23 |
| Item 2 | 5.29 |
| Item 4, subsection 82-10(6) | 5.22 |
Tax Laws Amendment (Income Tax Rates) Bill 2012 - Aligning the non-residents tax rates
| Bill reference | Paragraph number |
| Item 1 | 6.6 |
| Items 2 to 5 | 6.9 |
| Item 6 | 6.7 |
| Item 7 | 6.11 |
| Item 8 | 6.12 |