Federal Register of Legislation - Australian Government

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Regulations as made
This instrument amends the subsection 34(2) of the Taxation Administration Regulations 2017 to add nine jurisdictions and remove one jurisdiction from the list of foreign countries and foreign territories which are information exchange countries.
Administered by: Treasury
Registered 01 Apr 2021
Table of contents.

Commonwealth Coat of Arms of Australia

 

Taxation Administration Amendment (Updating the List of Exchange of Information Countries) Regulations 2021

I, General the Honourable David Hurley AC DSC (Retd), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 01 April 2021

David Hurley

Governor‑General

By His Excellency’s Command

Michael Sukkar

Assistant Treasurer, Minister for Housing and Minister for Homelessness, Social and Community Housing

 

 

  

  

  


Contents

1............ Name............................................................................................................................. 1

2............ Commencement............................................................................................................. 1

3............ Authority....................................................................................................................... 1

4............ Schedules...................................................................................................................... 1

Schedule 1—Amendments                                                                                                                          2

Taxation Administration Regulations 2017                                                                                     2

 


1  Name

                   This instrument is the Taxation Administration Amendment (Updating the List of Exchange of Information Countries) Regulations 2021.

2  Commencement

             (1)  Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The day after this instrument is registered.

2 April 2021

Note:          This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

             (2)  Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

                   This instrument is made under the Taxation Administration Act 1953.

4  Schedules

                   Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1Amendments

  

Taxation Administration Regulations 2017

1  Subsection 34(2) (table item 88)

Repeal the item.

2  Subsection 34(2) (at the end of the table)

Add:

 

 

 

 

123

Dominican Republic

1 July 2021

124

Ecuador

1 July 2021

125

El Salvador

1 July 2021

126

Hong Kong

1 July 2021

127

Jamaica

1 July 2021

128

Kuwait

1 July 2021

129

Morocco

1 July 2021

130

Republic of North Macedonia

1 July 2021

131

Serbia

1 July 2021

 

3  In the appropriate position in Part 7

Insert:

Division 4Transitional matters relating to the Taxation Administration Amendment (Updating the List of Exchange of Information Countries) Regulations 2021

75  Specification of information exchange countries

                   The amendments of this instrument made by Schedule 1 to the Taxation Administration Amendment (Updating the List of Exchange of Information Countries) Regulations 2021 apply on and after 1 July 2021.