Second Reading Speeches

Shipping Reform (Tax Incentives) Bill 2012

Type
Government
Portfolio
Infrastructure and Transport
Originating house
House of Representatives
Status
Act
Parliament no
43

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Summary

Part of a package of five bills in relation to the Australian shipping industry, the bill provides the mechanism for tax concessions for the shipping industry by: the issue of certificates to applicants who meet certain requirements; the issue of notices to first time applicants to confirm they meet the necessary requirements; enabling the department to collect and collate data; and enabling disputed decisions to be reviewed.

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