Australian Taxation Office

New or updated materials on ATO website, including:

Progress of Bills

Tax and Superannuation Laws Amendment (Better Targeting the Income Tax Transparency Laws) Bill 2015 which removes the obligation for the Commissioner to publish tax information for Australian owned private companies, was passed by the Senate yesterday. The Bill now awaits Royal Assent. See also the media release from the Assistant Treasurer regarding passage of the Bill.

Parliament

The House of Representatives is sitting next week. The draft legislative program is now available, with the following Bills scheduled for debate:

Customs and trade

Minister for Trade and Investment Andrew Robb has issued a media release welcoming the release of the European Commission’s new trade and investment strategy, confirming it will seek authorisation from the EU's member countries, to negotiate a Free Trade Agreement (FTA) with Australia.