The week in review:
TLA (Company Law Review) Bill introduced - The Taxation Laws Amendment(Company Law Review) Bill and Income Tax (Untainting Tax) Bill 1998 were introduced into Parliament on 8 April 1998 to implement the tax measures arising due to the changes being made to the Corporations Law by the Company Law Review Bill 1997.
Status of legislation - The Federal Parliamentary Autumn sittings have now finished and Federal Parliament will not resume sittings until 12 May 1998 (Federal Budget night). For your convenience, we have set out below the status of several tax related Bills as at 9 April 1998.
Name of Bill Bill status
Taxation Laws Amendment Bill (No 5) Passed in the Senate and
1997 awaiting Royal Assent
Taxation Laws Amendment Bill (No 6) Still in the Senate - not
1997 considered since December
1997
Taxation