Thursday, 24 November 2016
Income Tax Rates Amendment (Working Holiday Maker Reform) Bill 2016, Treasury Laws Amendment (Working Holiday Maker Reform) Bill 2016, Superannuation (Departing Australia Superannuation Payments Tax) Amendment Bill 2016; In Committee
I will talk to all three amendments that have been circulated, which broadly seek to achieve the same thing. The government does not support the proposal to reduce the tax rate further from 32.5 per cent, as currently applies, to 10.5 per cent. We think that 19 per cent is the appropriate line in the sand.