Senate
Indirect Tax Legislation Amendment Bill 2000
Revised Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Peter Costello, MP)This Memorandum takes account of amendments made by the House of Representatives to this Bill as introduced.
Glossary
The following abbreviations and acronyms are used throughout this Explanatory Memorandum.
| Abbreviation | Definition |
|---|---|
| ABN | Australian Business Number |
| ABN Act | A New Tax System (Australian Business Number) Act 1999 |
| ANTS | Government's Tax Reform Document: Tax Reform: not a new tax, a new tax system |
| AOU | application to own use |
| ATO | Australian Taxation Office |
| BAS | business activity statement |
| BYO | bring your own |
| CGT | capital gains tax |
| Commissioner | Commissioner of Taxation |
| CTP | compulsory third party |
| Customs Act | Customs Act 1901 |
| FBT | fringe benefits tax |
| GST | goods and services tax |
| GST Act | A New Tax System (Goods and Services Tax) Act 1999 |
| GST Regulations | A New Tax System (Goods and Services Tax) Regulations 1999 |
| GST Transition Act | A New Tax System (Goods and Services Tax Transition) Act 1999 |
| HIA 1973 | Health Insurance Act 1973 |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| LCT | luxury car tax |
| LCT Act | A New Tax System (Luxury Car Tax) Act 1999 |
| RBA | running balance account |
| STAA 1992 | Sales Tax Assessment Act 1992 |
| TAA 1953 | Taxation Administration Act 1953 |
| WET | wine equalisation tax |
| WET Act | A New Tax System (Wine Equalisation Tax) Act 1999 |
| WST | wholesale sales tax |
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
