Explanatory Memorandum
(Circulated by the authority of the Treasurer, the Hon Peter Costello MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
|---|---|
| ABS | Australian Bureau of Statistics |
| Commissioner | Commissioner of Taxation |
| FaCS Secretary | the Secretary to the Department of Family and Community Services |
| GST | goods and services tax |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| PAYG | pay as you go |
| TAA 1953 | Taxation Administration Act 1953 |
| WET | wine equalisation tax |