View full documentView full document Previous section | Next section

Taxation Laws Amendment Bill (No. 3) 2001

Explanatory Memorandum

(Circulated by authority of the Treasurer, the Hon Peter Costello, MP)
This Memorandum takes account of amendments made by the House of Representatives to the Bill as introduced


The following abbreviations and acronyms are used throughout this Explanatory Memorandum.

Abbreviation Definition
ADF approved deposit fund
ATO Australian Taxation Office
BAS business activity statement
COIN company instalments
Commissioner Commissioner of Taxation
FBT fringe benefits tax
FBTAA 1986 Fringe Benefits Tax Assessment Act 1986
GDP gross domestic product
GIC general interest charge
GST goods and services tax
GST Act A New Tax System (Goods and Services Tax) Act 1999
IAS instalment activity statement
ITAA 1936 Income Tax Assessment Act 1936
ITAA 1997 Income Tax Assessment Act 1997
PAYG pay as you go
PDI public debt interest
TAA 1953 Taxation Administration Act 1953

View full documentView full documentBack to top