This consultation process has now been completed. Submissions available
Date
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Consultation Type
Exposure Draft
Key Documents
The Government announced in the 2011-12 Budget that it would disallow deductions against government assistance payments following the High Court decision in Commissioner of Taxation v Anstis [2010] HCA 40.
The exposure draft and explanatory material seek to amend the Income Tax Assessment Act 1997 to disallow deductions against taxable government assistance payments that are eligible for a rebatable benefit.
The amendment is to have effect from 1 July 2011.