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Became law

A New Tax System (Ultimate Beneficiary Non-disclosure Tax) Bill (No. 2) 1999

Portfolio: Treasurer's portfolio

  1. Introduced13 May 1999
  2. Passed House8 June 1999
  3. Passed Senate28 June 1999
  4. Royal assent8 July 1999

What does this bill do, in plain English?

Taxes people who hide their true ownership of Australian property or investments.

Source: Australian Parliament House bill record

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