Revised 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 |
---|---|
A Tax System Redesigned | Review of Business Taxation: A Tax System Redesigned |
ACA | Australian Communications Authority |
ATO | Australian Taxation Office |
Capital Allowances Bill | New Business Tax System (Capital Allowances) Bill 2001 |
CGT | capital gains tax |
Commissioner | Commissioner of Taxation |
FAC | Federal Airports Corporation |
GST | goods and services tax |
GST Act | A New Tax System (Goods and Services Tax) Act 1999 |
IRU | indefeasible right to use an international telecommunications submarine cable system |
ITAA 1936 | Income Tax Assessment Act 1936 |
ITAA 1997 | Income Tax Assessment Act 1997 |
R & D | research and development |
Radcom Act | Radiocommunications Act 1992 |
STS | Simplified Tax System |