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- Bank_account_debits_tax abstract "Bank account debits tax (BADT or BAD) was an Australian bank transaction tax levied on customer withdrawals from bank accounts with a cheque facility (both withdrawals made by cheque or by another means, such as EFTPOS).The tax was introduced by the federal government in 1982. The power to levy the tax was transferred to the states in 1990, except for Norfolk Island which did not charge it. The tax was abolished by the states on dates between 1 July 2002 and 1 July 2005 as part of the package of reforms for the introduction of the goods and services tax. The financial institutions duty was also abolished as part of this package.The tax was based on the amount withdrawn, and varied by state. The final rates were per the following table.The tax was levied according to the state where the bank account was domiciled, not where the account holder lived. A total of about $1 billion per year was being collected near the end of its full operation in 2001 (according to the Australian Bankers' Association).Since the tax applied only to cheque accounts, bank customers could choose not to have a cheque facility to avoid the tax, or could keep a separate cheque account used only when needing to write a cheque.".
- Bank_account_debits_tax wikiPageExternalLink 02RN07.htm.
- Bank_account_debits_tax wikiPageExternalLink default.aspx?ArticleID=124.
- Bank_account_debits_tax wikiPageExternalLink 0,,70275,00.html.
- Bank_account_debits_tax wikiPageID "3344011".
- Bank_account_debits_tax wikiPageLength "3390".
- Bank_account_debits_tax wikiPageOutDegree "23".
- Bank_account_debits_tax wikiPageRevisionID "483461129".
- Bank_account_debits_tax wikiPageWikiLink Australian_Bankers_Association.
- Bank_account_debits_tax wikiPageWikiLink Australian_Capital_Territory.
- Bank_account_debits_tax wikiPageWikiLink Australian_Securities_Exchange.
- Bank_account_debits_tax wikiPageWikiLink Bank_transaction_tax.
- Bank_account_debits_tax wikiPageWikiLink Category:Taxation_in_Australia.
- Bank_account_debits_tax wikiPageWikiLink Cheque.
- Bank_account_debits_tax wikiPageWikiLink EFTPOS.
- Bank_account_debits_tax wikiPageWikiLink Financial_institutions_duty.
- Bank_account_debits_tax wikiPageWikiLink Goods_and_services_tax_(Australia).
- Bank_account_debits_tax wikiPageWikiLink National_Australia_Bank.
- Bank_account_debits_tax wikiPageWikiLink New_South_Wales.
- Bank_account_debits_tax wikiPageWikiLink Norfolk_Island.
- Bank_account_debits_tax wikiPageWikiLink Northern_Territory.
- Bank_account_debits_tax wikiPageWikiLink Parliament_of_Australia.
- Bank_account_debits_tax wikiPageWikiLink Queensland.
- Bank_account_debits_tax wikiPageWikiLink South_Australia.
- Bank_account_debits_tax wikiPageWikiLink Tasmania.
- Bank_account_debits_tax wikiPageWikiLink Taxation_in_Australia.
- Bank_account_debits_tax wikiPageWikiLink Victoria_(Australia).
- Bank_account_debits_tax wikiPageWikiLink Western_Australia.
- Bank_account_debits_tax wikiPageWikiLinkText "Bank account debits tax".
- Bank_account_debits_tax wikiPageWikiLinkText "bank account debits tax".
- Bank_account_debits_tax subject Category:Taxation_in_Australia.
- Bank_account_debits_tax hypernym Tax.
- Bank_account_debits_tax type Organisation.
- Bank_account_debits_tax type Redirect.
- Bank_account_debits_tax comment "Bank account debits tax (BADT or BAD) was an Australian bank transaction tax levied on customer withdrawals from bank accounts with a cheque facility (both withdrawals made by cheque or by another means, such as EFTPOS).The tax was introduced by the federal government in 1982. The power to levy the tax was transferred to the states in 1990, except for Norfolk Island which did not charge it.".
- Bank_account_debits_tax label "Bank account debits tax".
- Bank_account_debits_tax sameAs Q4855998.
- Bank_account_debits_tax sameAs m.096w17.
- Bank_account_debits_tax sameAs Q4855998.
- Bank_account_debits_tax wasDerivedFrom Bank_account_debits_tax?oldid=483461129.
- Bank_account_debits_tax isPrimaryTopicOf Bank_account_debits_tax.