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Showing 1 - 3 of 3 results for "Taxation Administration Act"

Treasury seeks feedback on major super tax reform

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
... to amend the Income Tax Assessment Act 1997, Income Tax (Transitional Provisions) Act 1997, and the Taxation Administration Act 1953 - to introduce a new Division 296 tax on superannuation earnings related to balances that exceed these thresholds. Treasury ...

ATO seeks submissions on defining an 'employee'

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... employee. While this sounds quite straightforward, the term 'employee' is not defined in the Taxation Administration Act (TAA), therefore it has its ordinary meaning under common law. "In most cases, it will be self-evident whether an employer ...

Cooper wants collectables banned from SMSFs

MICHAEL HOBBS  |  THURSDAY, 29 APR 2010
... new administrative penalties framework should be based on the SIS Act. It could be modelled on the Taxation Administration Act 1953 penalty framework, which includes penalty units and assessment objection. Alternatively, the panel said the administrative ...
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