Senate debates Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011; Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011

In Committee


Nick Sherry

Nick Sherry Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism

7:55 pm

Yes, that is correct. Any person reading the new provisions in this would come to the reasonable conclusion that it will be a rigorous method. You used the term ‘forensic’. If you look at the provisions outlined, it is indeed very rigorous.

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