Tax Laws Amendment (2010 Measures No. 2) Act 2010 (Cth)

Tax Laws Amendment (2010 Measures No. 2) Act 2010

Act No. 75 of 2010 as amended This compilation was prepared on 4 December 2012 taking into account amendments up to Act No. 169 of 2012 The text of any of those amendments not in force on that date is appended in the Notes section The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section Prepared by the Office of Parliamentary Counsel, Canberra

Contents 1 Short title [see Note 1] 2 Commencement 3 Schedule(s) Schedule 1—Distributions to entities connected with a private company Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Schedule 2—Extending the TFN withholding arrangements to closely held trusts, including family trusts Part 1—Main amendments Income Tax Assessment Act 1936 Taxation Administration Act 1953 Part 2—Amendments contingent on the Tax Laws Amendment (2010 Measures No. 1) Act 2010 Income Tax Assessment Act 1997 Schedule 3—Exemption of HECS‑HELP benefit Income Tax Assessment Act 1997 Schedule 4—Deductible gift recipients Income Tax Assessment Act 1997 Schedule 5—Global Carbon Capture and Storage Institute Ltd Part 1—Amendments commencing on Royal Assent Division 1—Main amendment Income Tax Assessment Act 1997 Division 2—Consequential amendments Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Part 2—Sunsetting on 1 January 2018 Income Tax Assessment Act 1997 Schedule 6—Repeal of certain unlimited periods for amending assessments A New Tax System (Pay As You Go) Act 1999 Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 New Business Tax System (Capital Gains Tax) Act 1999 New Business Tax System (Consolidation) Act (No. 1) 2002 New Business Tax System (Consolidation and Other Measures) Act 2003 New Business Tax System (Consolidation and Other Measures) Act (No. 1) 2002 New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 New Business Tax System (Income Tax Rates) Act (No. 2) 1999 New Business Tax System (Miscellaneous) Act (No. 1) 2000 New Business Tax System (Miscellaneous) Act (No. 2) 2000 New Business Tax System (Taxation of Financial Arrangements) Act (No. 1) 2003 Petroleum (Timor Sea Treaty) (Consequential Amendments) Act 2003 Taxation Laws Amendment Act 1985 Taxation Laws Amendment Act 1986 Taxation Laws Amendment Act 1987 Taxation Laws Amendment Act 1988 Taxation Laws Amendment Act 1989 Taxation Laws Amendment Act 1990 Taxation Laws Amendment Act 1991 Taxation Laws Amendment Act 1992 Taxation Laws Amendment Act 1993 Taxation Laws Amendment Act 1994 Taxation Laws Amendment Act (No. 1) 1995 Taxation Laws Amendment Act (No. 1) 1996 Taxation Laws Amendment Act (No. 1) 1997 Taxation Laws Amendment Act (No. 1) 1998 Taxation Laws Amendment Act (No. 1) 1999 Taxation Laws Amendment Act (No. 1) 2004 Taxation Laws Amendment Act (No. 2) 1985 Taxation Laws Amendment Act (No. 2) 1986 Taxation Laws Amendment Act (No. 2) 1987 Taxation Laws Amendment Act (No. 2) 1988 Taxation Laws Amendment Act (No. 2) 1989 Taxation Laws Amendment Act (No. 2) 1990 Taxation Laws Amendment Act (No. 2) 1991 Taxation Laws Amendment Act (No. 2) 1992 Taxation Laws Amendment Act (No. 2) 1993 Taxation Laws Amendment Act (No. 2) 1994 Taxation Laws Amendment Act (No. 2) 1995 Taxation Laws Amendment Act (No. 2) 1996 Taxation Laws Amendment Act (No. 2) 1997 Taxation Laws Amendment Act (No. 2) 1999 Taxation Laws Amendment Act (No. 2) 2000 Taxation Laws Amendment Act (No. 2) 2003 Taxation Laws Amendment Act (No. 2) 2004 Taxation Laws Amendment Act (No. 3) 1985 Taxation Laws Amendment Act (No. 3) 1987 Taxation Laws Amendment Act (No. 3) 1989 Taxation Laws Amendment Act (No. 3) 1990 Taxation Laws Amendment Act (No. 3) 1991 Taxation Laws Amendment Act (No. 3) 1992 Taxation Laws Amendment Act (No. 3) 1993 Taxation Laws Amendment Act (No. 3) 1994 Taxation Laws Amendment Act (No. 3) 1995 Taxation Laws Amendment Act (No. 3) 1997 Taxation Laws Amendment Act (No. 3) 1998 Taxation Laws Amendment Act (No. 3) 2002 Taxation Laws Amendment Act (No. 3) 2003 Taxation Laws Amendment Act (No. 4) 1985 Taxation Laws Amendment Act (No. 4) 1986 Taxation Laws Amendment Act (No. 4) 1987 Taxation Laws Amendment Act (No. 4) 1988 Taxation Laws Amendment Act (No. 4) 1989 Taxation Laws Amendment Act (No. 4) 1990 Taxation Laws Amendment Act (No. 4) 1992 Taxation Laws Amendment Act (No. 4) 1994 Taxation Laws Amendment Act (No. 4) 1995 Taxation Laws Amendment Act (No. 4) 1997 Taxation Laws Amendment Act (No. 4) 1999 Taxation Laws Amendment Act (No. 4) 2000 Taxation Laws Amendment Act (No. 4) 2002 Taxation Laws Amendment Act (No. 4) 2003 Taxation Laws Amendment Act (No. 5) 1988 Taxation Laws Amendment Act (No. 5) 1989 Taxation Laws Amendment Act (No. 5) 1990 Taxation Laws Amendment Act (No. 5) 1992 Taxation Laws Amendment Act (No. 5) 2000 Taxation Laws Amendment Act (No. 5) 2001 Taxation Laws Amendment Act (No. 5) 2002 Taxation Laws Amendment Act (No. 5) 2003 Taxation Laws Amendment Act (No. 6) 1992 Taxation Laws Amendment Act (No. 6) 2000 Taxation Laws Amendment Act (No. 6) 2001 Taxation Laws Amendment Act (No. 6) 2003 Taxation Laws Amendment Act (No. 7) 2000 Taxation Laws Amendment Act (No. 8) 2003 Taxation Laws Amendment (Company Distributions) Act 1987 Taxation Laws Amendment (Earlier Access to Farm Management Deposits) Act 2002 Taxation Laws Amendment (Foreign Income) Act 1990 Taxation Laws Amendment (Foreign Income Measures) Act 1997 Taxation Laws Amendment (Fringe Benefits and Substantiation) Act 1987 Taxation Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Act 2002 Taxation Laws Amendment (Software Depreciation) Act 1999 Taxation Laws Amendment (Structured Settlements and Structured Orders) Act 2002 Taxation Laws Amendment (Superannuation) Act 1989 Taxation Laws Amendment (Superannuation) Act 1992 Taxation Laws Amendment (Superannuation) Act 1993 Taxation Laws Amendment (Superannuation) Act (No. 2) 2002 Taxation Laws Amendment (Trust Loss and Other Deductions) Act 1998 Taxation Laws (Technical Amendments) Act 1998 Tax Laws Amendment (2004 Measures No. 1) Act 2004 Tax Laws Amendment (2004 Measures No. 2) Act 2004 Tax Laws Amendment (2004 Measures No. 3) Act 2004 Tax Laws Amendment (2004 Measures No. 6) Act 2005 Tax Laws Amendment (2004 Measures No. 7) Act 2005 Tax Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Act 2004 Tax Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Act 2005 Notes An Act to amend the law relating to taxation, and for related purposes