House debates Questions in Writing
Taxation (Question No. 350)
Bob Baldwin Paterson, Liberal Party, Shadow Minister for Tourism
asked the Treasurer, in writing, on 10 May 2011:
In respect of recommendation 28 of the 'Henry Tax Review' (Australia's Future Tax System Review Panel, Australia's Future Tax System: Report to the Treasurer, December 2009), that statutory effective life caps and other concessional write-offs be reviewed, has the Government accepted this recommendation; if not, why not; if so, (a) on what date did the review (i) commence, and (ii) conclude, (b) what statutory cap for the effective life of aircraft did the review advise, and (c) has the Government accepted this advice.
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