House debates
Monday, 26 May 2008
A New Tax System (Luxury Car Tax Imposition — Excise) Amendment Bill 2008
Second Reading
4:20 pm
Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source
I move:
That this bill be now read a second time.
The bill imposes luxury car tax to the extent that it is a duty of excise.
As a result of the increase in the luxury car tax rate this bill increases the luxury car tax rate to 33 per cent to apply to luxury cars on and from 1 July 2008.
I commend the bill to the House.
Debate (on motion by Mr Turnbull) adjourned.
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