📜 Debits Tax Assessment Bill 2001
Legislative Council Second ReadingLA5 December 2001
This Bill relates to the assessment and collection of tax on debits made to accounts kept with financial institutions. It outlines who is liable for the tax, how it is paid, and the obligations of financial institutions in relation to the tax.
Impact
Financial institutions and their customers in Western Australia are affected. It matters because it defines the rules and responsibilities for paying debits tax.
Key Changes
["Introduces debits tax on debits made to accounts.", "Defines liability for debits tax for financial institutions and customers.", "Requires financial institutions to lodge monthly returns."]
Parliamentary Progress
- LA IntroducedLA5 Dec 2001
- LA Second Reading MovedLA5 Dec 2001
- LA Second Reading AgreedLA18 Apr 2002
- LA Consideration in DetailLA18 Apr 2002
- LA Third ReadingLA12 June 2002
- LC Second Reading MovedLC19 June 2002
Affected Sectors
finance
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