2013-2014 

 

The Parliament of the 

Commonwealth of Australia 

 

HOUSE OF REPRESENTATIVES 

 

 

 

 

Presented and read a first time 

 

 

 

 

International Tax Agreements 

Amendment Bill 2014 

 

No.      , 2014 

 

(Treasury) 

 

 

 

A Bill for an Act to amend the law relating to 

taxation, and for related purposes 

   

   

 

 

No.      , 2014 

International Tax Agreements Amendment Bill 2014 

i 

 

Contents 

1 

Short title ........................................................................................... 1

 

2 

Commencement ................................................................................. 1

 

3 

Schedule(s) ........................................................................................ 2

 

Schedule 1--Amendments

 

3

 

Part 1--Convention with Switzerland

 

3

 

International Tax Agreements Act 1953

 

3

 

Part 2--Other amendments

 

5

 

International Tax Agreements Act 1953

 

5

 

 

 

 

 

No.      , 2014 

International Tax Agreements Amendment Bill 2014 

1 

 

A Bill for an Act to amend the law relating to 

1 

taxation, and for related purposes 

2 

The Parliament of Australia enacts: 

3 

1  Short title 

4 

 

  This Act may be cited as the International Tax Agreements 

5 

Amendment Act 2014. 

6 

2  Commencement 

7 

 

  This Act commences on the day this Act receives the Royal 

8 

Assent. 

9 

   

   

 

 

2 

International Tax Agreements Amendment Bill 2014 

No.      , 2014 

 

3  Schedule(s) 

1 

 

  Each Act that is specified in a Schedule to this Act is amended or 

2 

repealed as set out in the applicable items in the Schedule 

3 

concerned, and any other item in a Schedule to this Act has effect 

4 

according to its terms. 

5 

Amendments  Schedule 1 

Convention with Switzerland  Part 1 

 

 

No.      , 2014 

International Tax Agreements Amendment Bill 2014 

3 

 

Schedule 1

--Amendments 

1 

Part 1

--Convention with Switzerland 

2 

International Tax Agreements Act 1953 

3 

1  Subsection 3AAA(1) (definition of Swiss agreement) 

4 

Repeal the definition. 

5 

2  Subsection 3AAA(1) 

6 

Insert: 

7 

Swiss convention means: 

8 

 

(a)  the Convention between Australia and the Swiss 

9 

Confederation for the Avoidance of Double Taxation with 

10 

respect to Taxes on Income; and 

11 

 

(b)  the protocol to that convention; 

12 

each done at Sydney on 30 July 2013. 

13 

Note: 

In 2013, the text of this convention and protocol was accessible 

14 

through the Australian Treaties Library on the AustLII website 

15 

(www.austlii.edu.au). 

16 

3  Subsection 3AAB(1) 

17 

Insert: 

18 

Swiss 1980 agreement means: 

19 

 

(a)  the Agreement between Australia and Switzerland for the 

20 

avoidance of double taxation with respect to taxes on income; 

21 

and 

22 

 

(b)  the protocol to that agreement; 

23 

each done at Canberra on 28 February 1980. 

24 

Note 1: 

The text of this agreement and protocol is set out in Australian Treaty 

25 

Series 1981 No. 5 ([1981] ATS 5). 

26 

Note 2: 

Section 11E continues to give this agreement and protocol the force of 

27 

law in respect of certain income or fringe benefits. 

28 

4   Subsection 5(1) (after table item dealing with Sri Lankan 

29 

agreement) 

30 

Insert: 

31 

Schedule 1  Amendments 

Part 1  Convention with Switzerland 

 

 

4 

International Tax Agreements Amendment Bill 2014 

No.      , 2014 

 

Swiss convention 

nil 

5  Section 5A 

1 

Before the table, insert: 

2 

Note: 

Some earlier agreements continue to have the force of law by other 

3 

provisions of this Act. 

4 

6  Section 11E (heading) 

5 

Repeal the heading, substitute: 

6 

11E  Earlier agreement with Switzerland 

7 

7  Section 11E 

8 

Omit "Subject to this Act, on and after the date of entry into force of the 

9 

Swiss agreement, the provisions of the agreement, so far as those 

10 

provisions affect Australian tax, have, and shall be deemed to have 

11 

had,", substitute "Subject to this Act, the provisions of the Swiss 1980 

12 

agreement, so far as those provisions affect Australian tax, continue to 

13 

have". 

14 

Amendments  Schedule 1 

Other amendments  Part 2 

 

 

No.      , 2014 

International Tax Agreements Amendment Bill 2014 

5 

 

Part 2

--Other amendments 

1 

International Tax Agreements Act 1953 

2 

8  After subsection 3(4) 

3 

Insert: 

4 

 

(5)  To the extent that an agreement provides that the expression 

5 

immovable property has the meaning it has under the law of 

6 

Australia, that expression, for the purposes of that agreement, 

7 

includes real property. 

8 

9  Subsection 3AAA(1) (note at the end of the definition of 

9 

Chilean convention) 

10 

Repeal the note, substitute: 

11 

Note: 

The text of this convention is set out in Australian Treaty Series 2013 

12 

No. 7 ([2013] ATS 7). 

13 

10  Subsection 3AAA(1) (note at the end of the definition of 

14 

Indian protocol (No. 1)) 

15 

Repeal the note, substitute: 

16 

Note: 

The text of this protocol is set out in Australian Treaty Series 2013 

17 

No. 22 ([2013] ATS 22). 

18 

11  Subsection 3AAA(1) (note at the end of the definition of 

19 

Mauritius agreement) 

20 

Repeal the note, substitute: 

21 

Note: 

The text of this agreement is set out in Australian Treaty Series 2013 

22 

No. 18 ([2013] ATS 18). 

23 

12  Subsection 3AAA(1) (note at the end of the definition of 

24 

Turkish convention) 

25 

Repeal the note, substitute: 

26 

Note: 

The text of this convention is set out in Australian Treaty Series 2013 

27 

No. 19 ([2013] ATS 19). 

28