Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Peter Costello, MP)Glossary
The following abbreviations and acronyms are used throughout this Explanatory Memorandum.
Abbreviation | Definition |
---|---|
ABN | Australian Business Number |
ABN Act | A New Tax System (Australian Business Number) Act 1999 |
ANTS | Government's Tax Reform Document: Tax Reform: not a new tax, a new tax system |
ATO | Australian Taxation Office |
BAS | business activity statement |
CGT | capital gains tax |
Commissioner | Commissioner of Taxation |
CTP | compulsory third party |
GST | goods and services tax |
GST Act | A New Tax System (Goods and Services Tax) Act 1999 |
GST Regulations | A New Tax System (Goods and Services Tax) Regulations 1999 |
GST Transition Act | A New Tax System (Goods and Services Tax Transition) Act 1999 |
HIA 1973 | Health Insurance Act 1973 |
ITAA 1936 | Income Tax Assessment Act 1936 |
ITAA 1997 | Income Tax Assessment Act 1997 |
RBA | running balance account |
STAA 1992 | Sales Tax Assessment Act 1992 |
TAA 1953 | Taxation Administration Act 1953 |
WET | wine equalisation tax |
WET Act | A New Tax System (Wine Equalisation Tax) Act 1999 |