House debates

Monday, 26 May 2008

A New Tax System (Luxury Car Tax Imposition — General) Amendment Bill 2008

Second Reading

4:18 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I move:

That this bill be now read a second time.

The bill imposes luxury car tax to the extent that it is neither a duty of customs nor a duty of excise.

The bill also alters the applicable luxury car tax rate of 25 per cent to 33 per cent with application on and from 1 July 2008.

I commend the bill to the House.

Debate (on motion by Mr Turnbull) adjourned.

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