House of Representatives
Tax Laws Amendment (2007 Measures No. 4) Bill 2007
Taxation (Trustee Beneficiary Non-disclosure Tax) Bill (No. 1) 2007
Taxation (Trustee Beneficiary Non-disclosure Tax) Act (No. 1) 2007
Taxation (Trustee Beneficiary Non-disclosure Tax) Bill (No. 2) 2007
Taxation (Trustee Beneficiary Non-disclosure Tax) Act (No. 2) 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 |
|---|---|
| APRA | Australian Prudential Regulation Authority |
| ATO | Australian Taxation Office |
| CGT | capital gains tax |
| Commissioner | Commissioner of Taxation |
| DGR | deductible gift recipient |
| FBT | fringe benefits tax |
| GST | goods and services tax |
| Inoperative Provisions Act | Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| MDO | medical defence organisation |
| OECD | Organisation for Economic Co-operation and Development |
| PAYG | pay as you go |
| RSA | retirement savings account |
| SCT | Superannuation Complaints Tribunal |
| SG | superannuation guarantee |
| TAA 1953 | Taxation Administration Act 1953 |
| TFN | tax file number |
| UK | United Kingdom of Great Britain and Northern Ireland |
| US | United States of America |