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 |