royal_assent
A New Tax System (Closely Held Trusts) Bill 1999
Portfolio: Treasurer's portfolio
Introduced13 May 1999
Passed House8 June 1999
Passed Senate28 June 1999
Royal assent8 July 1999
What does this bill do, in plain English?
Changes how trusts owned by a small group of people are taxed under Australia's new tax system.
Source: Australian Parliament House bill record
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