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Australian Senate Standing Committee for the Scrutiny of Bills - Scrutiny Digests |
Purpose
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This bill seeks to amend Acts in relation to taxation
Schedule 1 amends the A New Tax System (Goods and Services Tax) Act 1999
to ensure that supplies of digital currency receive equivalent goods and
services tax treatment to supplies of money, particularly
foreign currency
Schedule 2 amends the Income Tax Assessment Act 1997 to include the
Centre For Entrepreneurial Research and Innovation on the list of deductible
gift recipients
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Portfolio
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Treasury
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Introduced
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House of Representatives on 14 September 2017
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The committee has no comment on this bill.
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URL: http://www.austlii.edu.au/au/other/AUSStaCSBSD/2017/348.html