House of Representatives

Tax Laws Amendment (2008 Measures No. 3) Bill 2008

Explanatory Memorandum

Circulated by authority of the Treasurer, the Hon Wayne Swan MP


The following abbreviations are used throughout this explanatory memorandum.

Abbreviation Definition
CGT capital gains tax
Commissioner Commissioner of Taxation
ITAA 1936 Income Tax Assessment Act 1936
ITAA 1997 Income Tax Assessment Act 1997
KAP Motors KAP Motors Pty Ltd v Commissioner of Taxation
[2008] FCA 159
McNeil's case Commissioner of Taxation v McNeil
[2007] HCA 5
TAA 1953 Taxation Administration Act 1953

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