Second Reading Speeches

New Business Tax System (Franking Deficit Tax) Amendment Bill 2002

Type
Government
Portfolio
Finance and Administration
Originating house
House of Representatives
Status
Act
Parliament no
40

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Summary

Amends the

New Business Tax System (Franking Deficit Tax) Act 2002
to make amendments consequential on the new simplified imputation system to facilitate the transitional determination of franking deficit tax liability for late balancing companies.

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