Contains the essential provisions from the primary legislation that affects Australias taxation system. Updated and expanded for changes which occured in 2013, this volume is an indispensable reference for undergraduate and postgraduate students of taxation. New in 2014 is a revised Year in Review section, which summarises the main legislative developments in taxation over the previous 12 months, a listing of the passage of tax related legislation during the last year and the inclusion of reference statistics (such as CPI quarterly figures and individual tax rates for residents and foreign residents). Also new for 2014 is an updated Tax Rates and Tables section, which contains an accessible summary of the main tax rates and table that students will need to refer to in their tax studies.