Abbreviations used in this publication

ACT

Australian Capital Territory

CGT

capital gains tax

Commissioner

Commissioner of Taxation

EPA

environmental protection activities

forex

foreign exchange

GST

goods and services tax

ITAA 1997

Income Tax Assessment Act 1997

LCA

low-cost asset

LVA

low-value asset

OAV

opening adjustable value

TOFA

Taxation of financial arrangements

TR

Taxation Ruling

TV

termination value

UCA

uniform capital allowances