Federal Register of Legislation - Australian Government

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2016/SDP/0046 Determinations/Taxation as made
This instrument changes the default reporting period for reports required to be given by entities in relation to table item 3 in section 396-55 of Schedule 1 to the TAA 1953. This instrument changes the reporting period from ‘financial year’ to ‘quarterly’ periods. Entities must provide a report in the approved form 31 days after each period of 3 months ending on 30 September, 31 December, 31 March and 30 June.
Administered by: Treasury
Registered 19 Apr 2016
Tabling HistoryDate
Tabled HR02-May-2016
Tabled Senate02-May-2016

Legislative Instrument

 

CHANGE OF THE REPORTING PERIOD FOR THIRD PARTY REPORTS ON REAL PROPERTY TRANSFERS DETERMINATION 2016

 

I, Greg Williams, Deputy Commissioner of Taxation, make this determination under subparagraph 396-55(a)(ii) of Schedule 1 to the Taxation Administration Act 1953.

 

Greg Williams

Deputy Commissioner of Taxation

Dated: 11 April 2016

 

 

 

1.            Name of instrument

This instrument is the Change of the Reporting Period for Third Party Reports on Real Property Transfers Determination 2016.

 

 

2.            Commencement

This instrument commences on 1 July 2016.

 

 

3.            Application

This instrument applies to the States and Territories, in relation to the reporting period for reports required by table item 3 in section 396-55 of Schedule 1 to the Taxation Administration Act 1953 to be made by the States and Territories to the Commissioner of Taxation.

 

4.            Determination

The reporting period to which paragraph 396-55(a)(ii) of Schedule 1 to the Taxation Administration Act 1953 applies is specified to be each period of three months ending 30 September, 31 December, 31 March and 30 June.