- Date
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29 May 2014
- Chamber
-
House of Representatives
- Status
-
Act
-
Portfolio
-
Treasury
- Summary
-
Amends the:
Medicare Levy Act 1986
to increase the Medicare levy low-income threshold amounts for families and the dependent child-student component of the threshold from the 2013-14 financial year; Income Tax Assessment Act 1936
to ensure outcomes are preserved in relation to tax assessments where taxpayers have self-assessed on the basis of certain announced taxation measures which have been discontinued; Income Tax Assessment Act 1997
to limit the ability of taxpayers who obtain additional franking credits as a result of ‘dividend washing’ to obtain a tax benefit; and Income Tax Assessment Act 1936
, Income Tax Assessment Act 1997
and Medicare Levy Act 1986
to make technical amendments.