House of Representatives

Tax Laws Amendment (2007 Measures No. 3) Bill 2007

Tax Laws Amendment (2007 Measures No. 3) Act 2007

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
ADF Australian Defence Force
AFP Australian Federal Police
ATO Australian Taxation Office
CGT capital gains tax
Commissioner Commissioner of Taxation
direct forestry expenditure or DFE expenditure attributable to establishing trading and felling trees for harvesting
FBT fringe benefits tax
forestry schemes forestry managed investment schemes
ITAA 1936 Income Tax Assessment Act 1936
ITAA 1997 Income Tax Assessment Act 1997
IWT interest withholding tax
PAYG pay as you go
R & D research and development
TAA 1953 Taxation Administration Act 1953


View full documentView full documentBack to top