Pursuant to a resolution of the Senate on 9 May 2012 regarding the consideration of time critical bills, the provisions of the following bills were referred on 24 May 2012 to the Senate Economics Legislation Committee for inquiry and report:

- Tax Laws Amendment (2012 Measures No. 3) Bill 2012;
- Income Tax (Seasonal Labour Mobility Program Withholding Tax) Bill 2012; and
- Tax Laws Amendment (Income Tax Rates) Bill 2012.

The bills make amendments to various taxation laws to:

- create a new final withholding tax regime that applies to income derived by non-resident workers participating in the Seasonal Labour Mobility Program;
- make further consequential arrangements to the taxation of blends of gaseous and aviation fuels;
- clarify that trust beneficiaries who are minors cannot receive the benefit of the low income tax offset for unearned income acquired through trust distributions;
- exempt clean energy payments made to recipients of payments under various income support programs (the ABSTUDY scheme, Veterans' Children Education Scheme, Military Rehabilitation and Compensation Act Education and Training Scheme, the transitional family farm payment and exceptional circumstances relief payment).
- amend arrangements for the employer termination payment tax offset; and
- align the non-resident tax rates more closely with the personal income tax rates for Australian resident taxpayers.

Submissions should be received by 5 June 2012. The reporting date is 18 June 2012.

The Committee is seeking written submissions from interested individuals and organisations preferably in electronic form submitted  online or sent by email to  economics.sen@aph.gov.au as an attached Adobe PDF or MS Word format document. The email must include full postal address and contact details.

Alternatively, written submissions may be sent to:

Senate Economics Legislation Committee, SG.64
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Notes to help you prepare your submission are available from the website at https://www.aph.gov.au/senate/committee/wit_sub/index.htm. Alternatively, the Committee Secretariat will be able to help you with your inquiries and can be contacted on telephone +61 2 6277 3540 or facsimile +61 2 6277 5719 or by email to economics.sen@aph.gov.au.

Inquiries from hearing and speech impaired people should be directed to Parliament House TTY number 02 6277 7799. Adobe also provides tools at  http://access.adobe.com/ for the blind and visually impaired to access PDF documents. If you require any special arrangements to enable you to participate in the Committee's inquiry, please contact the Committee Secretariat.

Once the Committee accepts your submission, it becomes a confidential Committee document and is protected by Parliamentary Privilege. You must not release your submission without the Committee's permission. If you do, it will not be protected by Parliamentary Privilege. At some stage during the inquiry, the Committee normally makes submissions public and places them on its website. Please indicate if you want your submission to be kept confidential.