Commonwealth Numbered Acts

NEW BUSINESS TAX SYSTEM (CONSOLIDATION, VALUE SHIFTING, DEMERGERS AND OTHER MEASURES) ACT 2002 NO. 90, 2002

TABLE OF PROVISIONS

           Long Title

   1.      Short title  
   2.      Commencement  
   3.      Schedule(s)  
   4.      Amendment of income tax assessments  
           SCHEDULE 1 - Consolidation: membership rules
           SCHEDULE 2 - Consolidation: miscellaneous changes to asset cost provisions
           SCHEDULE 3 - Consolidation: new Subdivision 705-B (tax cost setting amount on group formation)
           SCHEDULE 4 - Consolidation: reset cost base assets held on revenue account
           SCHEDULE 5 - Consolidation: imputation
           SCHEDULE 6 - Consolidation: international tax
           SCHEDULE 7 - Consolidation: application and transitional asset cost provisions
           SCHEDULE 8 - Consolidation: amendment of transitional provisions for losses
           SCHEDULE 9 - Consolidation: transitional provisions for international tax
           SCHEDULE 10 - Consolidation: consequential provisions for international tax
           SCHEDULE 11 - Consolidation: amendment of transitional provision about limiting access to group concessions
           SCHEDULE 12 - Consolidation: amendments of Dictionary
           SCHEDULE 13 - Exempting entities and former exempting entities
           SCHEDULE 14 - Loss integrity rules: global method of valuing assets
           SCHEDULE 15 - Value shifting
           SCHEDULE 16 - Demerger relief