Key Documents
Consultation Summary - PDF 26.27 KB
Explanatory Memorandum - PDF 49.08 KB
Explanatory Memorandum - RTF 237.6 KB
Exposure Draft - PDF 23.66 KB
Exposure Draft - RTF 116.09 KB
The Government announced in the 2011-12 Budget that it would disallow deductions against government assistance payments following the High Court decision in Commissioner of Taxation v Anstis [2010] HCA 40.
The exposure draft and explanatory material seek to amend the Income Tax Assessment Act 1997 to disallow deductions against taxable government assistance payments that are eligible for a rebatable benefit.
The amendment is to have effect from 1 July 2011.
Submissions
1 submission was received for this consultation.
- Dale Boccabella - pdf 81.71 KB
