House of Representatives

Treasury Laws Amendment (2022 Measures No. 2) Bill 2022

Explanatory Memorandum

(Circulated by authority of the Assistant Treasurer and Minister for Financial Services, the Hon Stephen Jones MP)

Glossary

This Explanatory Memorandum uses the following abbreviations and acronyms.

Abbreviation Definition
AAT Administrative Appeals Tribunal
AAT Act Administrative Appeals Tribunal Act 1975
ATO Australian Taxation Office
Bill Treasury Laws Amendment (2022 Measures No. 2) Bill 2022
Commissioner Commissioner of Taxation
FBT Fringe Benefits Tax
FBTAA 1986 Fringe Benefits Tax Assessment Act 1986
GST Act A New Tax System (Goods and Services Tax) Act 1999
ITAA 1936 Income Tax Assessment Act 1936
ITAA 1997 Income Tax Assessment Act 1997
MEC Group Multiple Entry Consolidated Group
MYEFO Mid-Year Economic and Fiscal Outlook
TAA 1953 Taxation Administration Act 1953
Taskforce Black Economy Taskforce
TPRS Taxable Payments Reporting System