Income Tax (TFN Withholding Tax (ESS)) Act 2009 (Cth)
This is a compilation of the
This compilation was prepared on 2 July 2014.
The notes at the end of this compilation (the
The effect of uncommenced amendments is not reflected in the text of the compiled law but the text of the amendments is included in the endnotes.
If the operation of a provision or amendment is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.
If a provision of the compiled law is affected by a modification that is in force, details are included in the endnotes.
If a provision of the compiled law has expired or otherwise ceased to have effect in accordance with a provision of the law, details are included in the endnotes.
Contents
This Act may be cited as the
Income Tax (TFN Withholding Tax (ESS)) Act 2009 .
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
Sections 1 and 2 and anything in this Act not elsewhere covered by this table | The day this Act receives the Royal Assent. | 14 December 2009 |
Sections 3 and 4 | At the same time as Schedule 1 to the | 14 December 2009 |
Note: This table relates only to the provisions of this Act as originally passed by both Houses of the Parliament and assented to. It will not be expanded to deal with provisions inserted in this Act after assent.
(2) Column 3 of the table contains additional information that is not part of this Act. Information in this column may be added to or edited in any published version of this Act.
The tax known as income tax, to the extent that that tax is payable by an entity in accordance with section 14‑155 in Schedule 1 to the
Taxation Administration Act 1953 , is imposed on amounts mentioned in paragraph (1)(b) of that section.
The rate of tax imposed by this Act on such an amount is the sum of the following:
(a) the maximum rate specified in the table in Part I of Schedule 7 to the
Income Tax Rates Act 1986 ;(b) 2%.
(1) This section applies if the income year in which the amount is included as mentioned in paragraph 14‑155(1)(b) in Schedule 1 to the
Taxation Administration Act 1953 is a temporary budget repair levy year.(2) Increase the rate of tax worked out under section 4 by 2 percentage points.
(3) In this section:
temporary budget repair levy year means an income year corresponding to a temporary budget repair levy year (within the meaning of section 4‑11 of theIncome Tax (Transitional Provisions) Act 1997 ).
The endnotes provide details of the history of this legislation and its provisions. The following endnotes are included in each compilation:
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
Endnote 5—Uncommenced amendments
Endnote 6—Modifications
Endnote 7—Misdescribed amendments
Endnote 8—Miscellaneous
If there is no information under a particular endnote, the word “none” will appear in square brackets after the endnote heading.
The abbreviation key in this endnote sets out abbreviations that may be used in the endnotes.
Amending laws are annotated in the legislation history and amendment history.
The legislation history in endnote 3 provides information about each law that has amended the compiled law. The information includes commencement information for amending laws and details of application, saving or transitional provisions that are not included in this compilation.
The amendment history in endnote 4 provides information about amendments at the provision level. It also includes information about any provisions that have expired or otherwise ceased to have effect in accordance with a provision of the compiled law.
The effect of uncommenced amendments is not reflected in the text of the compiled law but the text of the amendments is included in endnote 5.
If the compiled law is affected by a modification that is in force, details of the modification are included in endnote 6.
An amendment is a misdescribed amendment if the effect of the amendment cannot be incorporated into the text of the compilation. Any misdescribed amendment is included in endnote 7.
Endnote 8 includes any additional information that may be helpful for a reader of the compilation.
ad = added or inserted | pres = present |
am = amended | prev = previous |
c = clause(s) | (prev) = previously |
Ch = Chapter(s) | Pt = Part(s) |
def = definition(s) | r = regulation(s)/rule(s) |
Dict = Dictionary | Reg = Regulation/Regulations |
disallowed = disallowed by Parliament | reloc = relocated |
Div = Division(s) | renum = renumbered |
exp = expired or ceased to have effect | rep = repealed |
hdg = heading(s) | rs = repealed and substituted |
LI = Legislative Instrument | s = section(s) |
LIA = | Sch = Schedule(s) |
mod = modified/modification | Sdiv = Subdivision(s) |
No = Number(s) | SLI = Select Legislative Instrument |
o = order(s) | SR = Statutory Rules |
Ord = Ordinance | Sub‑Ch = Sub‑Chapter(s) |
orig = original | SubPt = Subpart(s) |
par = paragraph(s)/subparagraph(s)
|
Income Tax (TFN Withholding Tax (ESS)) Act 2009 | 132, 2009 | 14 Dec 2009 | ss. 3 and 4: 14 Dec 2009 ( Remainder: Royal Assent | |
Income Tax (TFN Withholding Tax (ESS)) Amendment (DisabilityCare Australia) Act 2013 | 42, 2013 | 28 May 2013 | Schedule 1: 28 May 2013 ( Remainder: Royal Assent | Sch. 1 (item 2) |
Income Tax (TFN Withholding Tax (ESS)) Amendment (Temporary Budget Repair Levy) Act 2014 | 46, 2014 | 25 June 2014 | Sch 1: 25 June 2014 ( Remainder: Royal Assent | — |
s. 4........................................ | rs. No. 42, 2013 |
s 5......................................... | ad No 46, 2014 |
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