House of Representatives

Taxation Laws Amendment Bill (No. 4) 1989

Taxation Laws Amendment Act (No. 4) 1989

Supplementary Explanatory Memorandum

(Circulated by authority of the Treasurer, the Hon. P J Keating MP)

INTRODUCTORY NOTE

This supplementary explanatory memorandum explains the two amendments proposed to the Taxation Laws Amendment Bill (No.4) 1989 as introduced into the House of Representatives. The amendments concern amendments to the research and development (R & D) provisions proposed in the Bill.