No 258
House of Representatives
Supplementary Order Paper
Wednesday, 8 February 2017
Taxation (Business Tax, Exchange of Information, and Remedial Matters) Bill
Proposed amendments
Hon Judith Collins, in Committee, to move the following amendments:
Clause 2
After clause 2(3B) (page 8, after line 14), insert:
(3C)
Sections 106, 112, 113, 115, 117, 118, 119, 120, 120B, and 120C are treated as coming into force on 5 February 2017.
In clause 2(4) (page 9, line 1), delete “11C, ”
.
Clause 11C
Delete clause 11C (page 19, lines 32 to 36).
Clause 13
After new section 142H(6) (page 22, after line 38), insert:
(7)
The due date for payment of a penalty imposed under this section is the later of—
(a)
30 days after the date on which the Commissioner issues the notice of assessment for the penalty:
(b)
the date specified by the Commissioner in the notice of assessment as being the due date for payment of the penalty.
After new section 142I(4) (page 23, after line 40), insert:
(5)
The due date for payment of a penalty imposed under this section is the later of—
(a)
30 days after the date on which the Commissioner issues the notice of assessment for the penalty:
(b)
the date specified by the Commissioner in the notice of assessment as being the due date for payment of the penalty.
Clause 59
In clause 59(2), new section CX 17(4B)(b) (page 49, lines 33–34), replace “shareholder-employees”
with “employees”
.