Explanatory MemorandumCirculated by authority of the Treasurer, the Hon Wayne Swan MP
The following abbreviations are used throughout this explanatory memorandum.
|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
 FCA 159
|McNeil's case||Commissioner of Taxation v McNeil
 HCA 5
|TAA 1953||Taxation Administration Act 1953|
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