Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill

Enacted as the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 on 30 March 2021.

Stage before Parliament	Date
Introduction	4 June 2020
First reading	24 June 2020*
Closing date for submissions	12 August 2020
Presentation/report back	4 March 2021
Second reading (report back debate)	11 March 2021
Committee of the whole House	23 March 2021
Third reading	23 March 2021+
Assent	30 March 2021

* As the House was under urgency the official date for the completion of the first reading was 24 June 2020, even though it was completed on 25 June 2020.

+ As the House was under urgency the official date for the completion of the third reading was 23 March 2021, even though it was completed on 24 March 2021.

Related announcements	Date
Feedback sought on rules for taxing certain land sales	16 September 2019
Tax initiatives announced to support businesses	23 September 2019
Feedback sought on rules for deducting land holding costs	7 October 2019
Proposed changes for Mycoplasma bovis	27 March 2020
Omnibus tax bill introduced	4 June 2020
New tax measures announced	26 June 2020
Introduction of a new business continuity test for tax losses	1 March 2021
Tax bill reported back	5 March 2021
Government property announcements	23 March 2021
SOP to tax bill released	23 March 2021
Tax Bill passed	24 March 2021
Special report on new tax legislation	9 April 2021
Updates required to the recent special report	21 April 2021

Related publications	Date
Bill as introduced	4 June 2020
Departmental disclosure statement	4 June 2020
Regulatory impact assessments	4 June 2020
Commentary on the Bill	4 June 2020
Supplementary Order Paper No 510	26 June 2020
Supplementary departmental disclosure document	26 June 2020
Regulatory impact assessment - Review of Unclaimed Money Act	26 June 2020
Commentary on the proposed amendments in Supplementary Order Paper No 510	26 June 2020
Information release - Cabinet paper CAB-19-SUB-0300: Overseas donee status – new additions for inclusion in the next available taxation bill	31 August 2020
Information release - Cabinet paper DEV-19-SUB-0315: GST amendments for inclusion in the next omnibus taxation bill	31 August 2020
Information release - Purchase price allocation decisions	31 August 2020
Information release - Cabinet paper DEV-20-SUB-0045: Mycoplasma bovis tax issue	31 August 2020
Information release - Cabinet paper LEG-20-SUB-0058: Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill: Approval for introduction	31 August 2020
Information release - Cabinet paper DEV-20-SUB-0083: Review of unclaimed money scheme – policy approval and release of Supplementary Order Paper	31 August 2020
Business continuity test - Q&As and fact sheet	1 March 2021
Bill as reported back	4 March 2021
Select committee report on the Bill	4 March 2021
Officials' report on submissions	5 March 2021
Supplementary Order Paper No 23	23 March 2021
Supplementary departmental disclosure statement	23 March 2021
Regulatory impact assessments for Supplementary Order Paper No 23	23 March 2021
Commentary on the proposed amendments in Supplementary Order Paper No 23	23 March 2021
Fact sheet on proposed changes to the bright-line test	23 March 2021
Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021	30 March 2021
Special report on the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021	9 April 2021 (updated 28 April 2021)
Tax Information Bulletin – Vol 33 No 6	July 2021