Summary
Amends the:
Income Tax Assessment Act 1936
,
Income Tax Assessment Act 1997
and
Venture Capital Act 2002
in relation to the venture capital regime;
Fringe Benefits Tax Assessment Act 1986
to extend the fringe benefits tax exemption transitional arrangements for certain contributions to worker entitlement funds; and
Income Tax Assessment Act 1936
to make technical corrections in relation to foreign tax credits. Also contains application provisions.