House of Representatives
Tax Laws Amendment (2005 Measures No. 2) Bill 2005
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 |
|---|---|
| ATO | Australian Taxation Office |
| BAS | Business Activity Statement |
| CGT | capital gains tax |
| Commissioner | Commissioner of Taxation |
| DGR | deductible gift recipients |
| domestic IRUs | indefeasible rights to use domestic telecommunications cables |
| FBT | fringe benefits tax |
| FBTAA 1986 | Fringe Benefits Tax Assessment Act 1986 |
| GST | goods and services tax |
| GST Act | A New Tax System (Goods and Services Tax) Act 1999 |
| international IRU | indefeasible rights to use international telecommunications cables |
| IRU | indefeasible rights to use domestic and international telecommunications cables |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| member spouse | is defined in section 90MD of the Family Law Act 1975 to mean, in relation to a superannuation interest, the spouse who has the superannuation interest |
| non-member spouse | is defined in section 90MD of the Family Law Act 1975 to mean, in relation to a superannuation interest, the spouse who is not the member spouse in relation to the superannuation interest |
| PAYG | pay as you go |
| payment split | is defined in section 90MD of the Family Law Act 1975 to mean the application of section 90MJ of that Act, or a splitting order, in relation to a splittable payment |
| SIS Act | Superannuation Industry Supervision Act 1993 |
| TAA 1953 | Taxation Administration Act 1953 |