Commonwealth Consolidated Acts

NEW BUSINESS TAX SYSTEM (CONSOLIDATION, VALUE SHIFTING, DEMERGERS AND OTHER MEASURES) ACT 2002

TABLE OF PROVISIONS

           Long Title

   1.      Short title  
   2.      Commencement  
   3.      Schedule(s)  
           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