Report

Tax and Superannuation Laws Amendment (2014 Measures No. 5) Bill 2014 [Provisions]

28 October 2014

© Commonwealth of Australia 2014
ISBN 978-1-76010-106-0

View the report as a single document - (PDF 689KB)

View the report as separate downloadable parts:

Committee membership (PDF 210KB)
Chapter 1 - Introduction and overview of the bill (PDF 211KB)

Conduct of the inquiry
Structure of this report
Overview
Consideration of the bill by other committees
Chapter 2 - Key issues (PDF 186KB)

Schedule 2—abolishing the seafarer tax offset
Schedule 3—rates of the R&D tax offset
Labor Senators' Dissenting Report (PDF 88KB)
APPENDIX - Submissions received (PDF 6KB)

Committee Secretariat contact:

Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540
economics.sen@aph.gov.au

About this inquiry

The bill amends the Income Tax Assessment Act 1997 and Taxation Administration Act 1953 to abolish the mature age worker tax offset; Income Tax Assessment Act 1997 and Shipping Reform (Tax Incentives) Act 2012 to abolish the seafarer tax offset; and Income Tax Assessment Act 1997 to: reduce the tax offset rates available under the research and development tax incentive by 1.5 per cent; and update the list of deductible gift recipients.