Finance releases draft legislation for 2019 budget for comment
Tax Alert No. 30, 1 August 2019
On 30 July 2019, the Department of Finance released for public comment draft legislative proposals (and accompanying explanatory notes) to implement measures remaining from the 2019–20 federal budget, as well as revisions to the recently enacted measures concerning accelerated capital cost allowance (CCA) and resource expenses.
Interested parties are invited to provide comments on these draft legislative proposals by 7 October 2019.