New International Tax Arrangements (Participation Exemption and Other Measures) Act 2004 (Cth)

New International Tax Arrangements (Participation Exemption and Other Measures) Act 2004

Act No. 96 of 2004 as amended

This compilation was prepared on 7 July 2005

[This Act was amended by Act No. 64 of 2005]

Amendment from Act No. 64 of 2005

[Schedule 5 (item 1) amended Item 140 of Schedule 2 Schedule 5 (item 1) commenced on 29 June 2004]

Prepared by the Office of Legislative Drafting and Publishing, Attorney‑General's Department, Canberra

Contents 1 Short title....................................... 2 Commencement................................... 3 Schedule(s)......................................

Schedule 1—CGT concession: active foreign companies Income Tax Assessment Act 1997

Schedule 2—Foreign branch income, non‑portfolio dividends and listed countries

Part 1—Foreign branch income exemption Income Tax Assessment Act 1936

Part 2—Non‑portfolio dividend exemption: main amendments Income Tax Assessment Act 1936

Part 3—Non‑portfolio dividend exemption: consequential amendments Income Tax Assessment Act 1936 Income Tax Assessment Act 1997

Part 4—Listed countries: main amendments Income Tax Assessment Act 1936

Part 5—Listed countries: consequential amendments Income Tax Assessment Act 1936 Income Tax Assessment Act 1997

Part 6—Application of amendments

Part 7—Transitional

Schedule 3—Tainted services income

Part 1—Amendments Income Tax Assessment Act 1936

Part 2—Application An Act to amend the law relating to taxation, and for related purposes

[Assented to 29 June 2004]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the New International Tax Arrangements (Participation Exemption and Other Measures) Act 2004.

2 Commencement

(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.