Tax Laws Amendment (2006 Measures No. 1) Act 2006 (Cth)

Tax Laws Amendment (2006 Measures No. 1) Act 2006

Act No. 32 of 2006 as amended

This compilation was prepared on 4 March 2010

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

Amendment from Act No. 8 of 2010 [Schedule 2 (item 23) amended heading to item 1 of Schedule 2 Schedule 2 (item 23) commenced immediately after 6 April 2006]

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—Foreign source income exemptions for temporary residents

Part 1—Main amendments Income Tax Assessment Act 1997

Part 2—Other amendments Fringe Benefits Tax Assessment Act 1986 Income Tax Assessment Act 1936 Income Tax Assessment Act 1997

Schedule 2—Business related costs

Part 1—Capital allowances amendments Income Tax Assessment Act 1997

Part 2—CGT amendments Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997

Part 3—Application

Schedule 3—Promotion and implementation of schemes

Part 1—Main amendments Taxation Administration Act 1953

Part 2—Consequential amendments Income Tax Assessment Act 1997 Taxation Administration Act 1953

Part 3—Application

Schedule 4—Vouchers A New Tax System (Goods and Services Tax) Act 1999 An Act to amend the law relating to taxation, and for related purposes

[Assented to 6 April 2006]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Tax Laws Amendment (2006 Measures No. 1) Act 2006.

2 Commencement

This Act commences on the day on which it receives the Royal Assent.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Foreign source income exemptions for temporary residents