WebRationale for reforms In their joint media release of 20 February 2012, the Assistant Treasurer and the Minister for Infrastructure and Transport stated that the tax reforms provided in the Exposure Draft Bill are intended to “stimulate investment in Australian shipping and encourage Australian ownership of ships and ship operations”. WebSHIPPING REFORM (TAX INCENTIVES) ACT 2012 Table of Provisions Long Title PART 1--PRELIMINARY 1Short title 2Commencement 3Object 4Simplified outline 5Definitions …
Shipping Reform (Tax Incentives) Regulation 2012
Web16 Apr 2024 · Eligibility for the first three incentives is dependent on a certificate being issued for the vessel under the Shipping Reform (Tax Incentives) Act 2012; further, to claim a Shipping Exempt Income tax incentive, the certificate needs to be a Shipping Exempt Income certificate (i.e. it must specify particular matters that evidence the Australian … Web16 Apr 2024 · Eligibility for the first three incentives is dependent on a certificate being issued for the vessel under the Shipping Reform (Tax Incentives) Act 2012; further, to … lord gordon richardson
SHIPPING REFORM (TAX INCENTIVES) ACT 2012
WebAmends the: Income Tax Assessment Act 1997 and Taxation Administration Act 1953 to abolish the mature age worker tax offset; Income Tax Assessment Act 1997 and Shipping Reform (Tax Incentives) Act 2012 to abolish the seafarer tax offset; and Income Tax Assessment Act 1997 to: reduce the tax offset rates available under the research and … Web18 Jun 2012 · shipping passenger has the same meaning as in the Shipping Reform (Tax Incentives) Act 2012. Note: Because of paragraph 8 (4) (b) of the Shipping Reform (Tax … Webshipping reform (tax incentives) act 2012 (paragraph 11(1)(a)) application for a certificate for: owners of australian registered eligible vessels seeking accelerated depreciation and … horizon client for windows 2111