Summary
Amends the: Fringe Benefits Tax Assessment Act 1986 in relation to exemptions for employer-provided remote area housing, relocation consultant costs and certain work-related items; Income Tax Assessment Act 1997 to: set maximum periods over which deductions for the decline in value of buses, light commercial vehicles, trucks and truck trailers; and introduce a mature age worker tax offset; and A New Tax System (Goods and Services Tax) Act 1999 to ensure that the goods and services tax applies to transactions involving non-residents who supply options or rights to things which are connected with Australia.