Treasury Laws Amendment (Tax Reform No. 2) Act 2026

26 August 2026MediumBills & ActsNo. 71, 2026

The development

The Treasury Laws Amendment (Tax Reform No. 2) Act 2026 was assented to on 26 August 2026 and registered as No. 71 of 2026 on 28 August 2026. The Federal Register of Legislation record confirms the Act's title, assent date and registration, and that it was made as an amending Act, but the detailed schedule content is not reproduced in the register's summary page.

Based on its title and sequencing after other 2026 Treasury reform measures, the Act is understood to form part of the Government's ongoing programme of tax reform legislation for the 2026 to 2027 period, following earlier Treasury Laws Amendment Acts dealing with related measures during the year. The specific schedules, the taxpayers affected and the commencement dates for each schedule are set out in the Act's full text and explanatory memorandum, which should be reviewed directly given the register's summary does not itemise the substantive amendments.

Businesses should treat the precise scope of this Act as unconfirmed until the schedule-by-schedule detail has been checked against the published text and explanatory memorandum, rather than assuming it mirrors earlier tax reform Acts in the same series.

The briefing

Regulator or source: Federal Register of Legislation
Type: Act · Bills & Acts
Subject matter: Commercial, corporate & consumer
Jurisdiction: Cth
Published: 26 August 2026
Submissions close: No deadline
Reference: No. 71, 2026
Priority: Medium

What it means for business

Tax teams and advisers could obtain and review the full text and explanatory memorandum for the Treasury Laws Amendment (Tax Reform No. 2) Act 2026 to identify which of its schedules affect the business's current tax positions and reporting obligations, given the specific measures are not yet confirmed from the information available. Where other 2026 tax reform measures are already being tracked, it may be worth checking whether this Act amends, complements or supersedes any of those provisions before the next compliance or reporting cycle, so that structures are reviewed against the current state of the law rather than an earlier version of it.

Read the original at Federal Register of Legislation ↗Business Contracts

Entry last reviewed 9 October 2026.

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