Tax Laws Amendment (2007 Measures No. 4) Act 2007 (Cth)

Tax Laws Amendment (2007 Measures No. 4) Act 2007

Act No. 143 of 2007 as amended

This compilation was prepared on 9 March 2010

[This Act was amended by Act No. 8 of 2010]

Amendments from Act No. 8 of 2010 [Schedule 2 (item 25) repealed item 217 of Schedule 1 Schedule 2 (item 26) repealed item 42 of Schedule 4 Schedule 2 (items 25 and 26) commenced on 1 March 2010]

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—New foreign income tax offset rules

Part 1—Main amendments Income Tax Assessment Act 1997

Part 2—FIF income Income Tax Assessment Act 1936 Income Tax Assessment Act 1997

Part 3—Transitional Income Tax (Transitional Provisions) Act 1997

Part 4—Consequential and other amendments A New Tax System (Goods and Services Tax) Act 1999 Bank Integration Act 1991 Fringe Benefits Tax Assessment Act 1986 Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997 International Tax Agreements Act 1953 Taxation Administration Act 1953 Taxation (Interest on Overpayments and Early Payments) Act 1983

Part 5—Application

Part 6—Savings provisions

Part 7—Sunsetting Income Tax (Transitional Provisions) Act 1997

Schedule 2—Exchange of membership interests in MDOs

Part 1—Amendments Income Tax Assessment Act 1997

Part 2—Application of amendments

Schedule 3—Investment by superannuation funds in instalment warrants Superannuation Industry (Supervision) Act 1993

Schedule 4—Trustee beneficiary reporting rules

Part 1—Main amendments Income Tax Assessment Act 1936

Part 2—Consequential amendments Income Tax Assessment Act 1936 Taxation Administration Act 1953

Part 3—Repeal of Acts A New Tax System (Ultimate Beneficiary Non‑disclosure Tax) Act (No. 1) 1999 A New Tax System (Ultimate Beneficiary Non‑disclosure Tax) Act (No. 2) 1999