Australia's Future Tax System

Consultation Paper

Acronyms

AAT
Administrative Appeals Tribunal
ABS
Australian Bureau of Statistics
ACE
allowance for corporate equity
ATO
Australian Taxation Office
CBIT
comprehensive business income tax
CCB
Child Care Benefit
CEN
capital export neutrality
CGT
capital gains tax
CON
capital ownership neutrality
CRA
Canada Revenue Agency
DEEWR
Department of Education, Employment and Workplace Relations
DGR
deductible gift recipient
DHA
Department of Health and Ageing
DHS
Department of Human Services
DVA
Department of Veterans' Affairs
EATR
effective average tax rate
EITC
earned income tax credit
EMTR
effective marginal tax rate
FaHCSIA
Department of Families, Housing, Community Services and Indigenous Affairs
FBT
fringe benefits tax
FDI
foreign direct investment
FMW
federal minimum wage
FTB
Family Tax Benefit
GFS
Government Financial Statistics
GST
goods and services tax
GSTAS
GST Administration Sub-committee
HFE
horizontal fiscal equalisation
IGA
Intergovernmental Agreement on the Reform of Commonwealth-State Financial Relations
IGOT
Inspector-General of Taxation
IPART
NSW Independent Pricing and Regulatory Tribunal
IWT
interest withholding tax
LCT
luxury car tax
LITO
low income tax offset
LPG
liquefied petroleum gas
MAWTO
mature age worker tax offset
MTAWE
male total average weekly earnings
NFP
not-for-profit
NRAS
National Rental Affordability Scheme
NRS
National Relay Service
NTLG
National Tax Liaison Group
OECD
Organisation for Economic Co-operation and Development
PAYG
pay as you go
PBI
public benevolent institution
PPF
prescribed private funds
PRRT
petroleum resource rent tax
PTO
pensioner tax offset
PTR
participation tax rate
R&D
research and development
RWT
royalty withholding tax
SATO
senior Australians tax offset
SG
superannuation guarantee
SSAT
Social Security Appeals Tribunal
UK
United Kingdom
US
United States
VFI
vertical fiscal imbalance
WET
wine equalisation tax
WFTC
working family tax credit