📜 Debits Tax Bill 2001
Legislative Council Second ReadingLA5 December 2001
The Debits Tax Bill 2001 replaces the Debits Tax Act 1990, setting out the rates of debits tax imposed on debit amounts. It operates in conjunction with the Taxation Administration Act 2001 and the Debits Tax Assessment Act 2001.
Impact
Businesses and individuals making transactions subject to debits tax will be affected. The bill ensures continued collection of debits tax under updated legislation and administrative framework.
Key Changes
["Replaces the Debits Tax Act 1990", "Updates the rates of debits tax based on debit amount", "Combines operation with the Taxation Administration Act 2001 and the Debits Tax Assessment Act 2001"]
Parliamentary Progress
- LA Second Reading MovedLA5 Dec 2001
- LA IntroducedLA5 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
financepublic_sector
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