Explanatory Memorandum
(Circulated by the authority of the Treasurer, the Hon Wayne Swan MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
Abbreviation | Definition |
ATO | Australian Taxation Office |
CGT | capital gains tax |
Commissioner | Commissioner of Taxation |
FBT | fringe benefits tax |
GIC | general interest charge |
GST | goods and services tax |
ITAA 1997 | Income Tax Assessment Act 1997 |
MEC group | multiple entry consolidated group |
offset | late payment offset |
Register | foreign claims register |
SG | superannuation guarantee |
SGAA 1992 | Superannuation Guarantee (Administration) Act 1992 |
TAA 1953 | Taxation Administration Act 1953 |