Taxation (Residential Land Withholding Tax, GST on Online Services, and Student Loans) Bill

Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.

This bill provides for a number of changes to the student loan scheme, including the sharing of information between the Inland Revenue Department and the Australian Taxation Office in relation to New Zealand student loan borrowers residing in Australia; proposes a new residential land withholding tax to act as a collection mechanism for the bright-line test; and provides for the collection of GST on cross-border services and intangibles, including internet downloads and online services.