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28 Aug 088 2008 Measures No 4 Bill passed by House

On 28 August 2008, Tax Laws Amendment (2008 Measures No 4) Bill 2008 was passed by the House of Representatives without amendment. The Bill was introduced into the House on 26 June 2008 - see 2008 TAXVINE No 25 (15) (27 June 2008) - and includes the amendments to Schedule 2F of ITAA 1936 (the trust loss measures) relating to the definition of "family" and the ability to vary the test individual for the purposes of a Family Trust Election. The Bill now proceeds to the Senate.

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