House of Representatives
Taxation Laws Amendment (Research and Development) Bill 2001
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 |