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House of Representatives

Tax Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Bill 2012

Explanatory Memorandum

(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)

Glossary

The following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
the surcharge Medicare levy surcharge
threshold amount Medicare levy and Medicare levy surcharge low-income threshold amount


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