House of Representatives
Taxation Laws Amendment Bill (No. 8) 2003
Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Peter Costello, MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
Abbreviation | Definition |
---|---|
CGT | capital gains tax |
Commissioner | Commissioner of Taxation |
FBT | fringe benefits tax |
FDT | franking deficit tax |
FMD | farm management deposits |
IT(TP) Act 1997 | Income Tax (Transitional Provisions) Act 1997 |
ITAA 1936 | Income Tax Assessment Act 1936 |
ITAA 1997 | Income Tax Assessment Act 1997 |
MEC groups | multiple entry consolidated groups |
PAYG | pay as you go |
SIS | simplified imputation system |
TAA 1953 | Taxation Administration Act 1953 |