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 |
---|---|
AAT | Administrative Appeals Tribunal |
ATO | Australian Taxation Office |
BERD | business expenditure on R & D |
DISR | Department of Industry, Science and Resources |
GERD | government expenditure on R & D |
GST | goods and services tax |
GST Act | A New Tax System (Goods and Services Tax) Act 1999 |
IR & D Board | Industry Research and Development Board |
IR & DA 1986 | Industry Research and Development Act 1986 |
ITAA 1936 | Income Tax Assessment Act 1936 |
ITAA 1997 | Income Tax Assessment Act 1997 |
R & D | research and development |
STS | Simplified Taxation System |
T(IOEP)A 1983 | Taxation (Interest on Overpayments and Early payments) Act 1983 |