Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
Abbreviation | Definition |
---|---|
Commissioner | Commissioner of Taxation |
GDP | gross domestic product |
IT(TP) Act | Income Tax (Transitional Provisions) Act 199 7 |
ITAA 1936 | Income Tax Assessment Act 1936 |
ITAA 1997 | Income Tax Assessment Act 1997 |
PAYG | pay as you go |
RESC | reportable employer superannuation contributions |
TAA 1953 | Taxation Administration Act 1953 |
TPD | total and permanent disability |