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The Australian Taxation Office (ATO) is the main revenue collection body for the Australian Government, managing income tax, GST, and other federal taxes. It also oversees the Australian Business Register, administers the Higher Education Loan Program, and plays a key role in Australia's superannuation system.
In the 1800s, large landholdings were common in Australia. After the 1901 federation, the Commonwealth relied on customs and excise duties for revenue. In 1910, the Fisher government introduced the Bank Notes Tax Act, Land Tax Act, and Land Tax Assessment Act to address concerns about underutilized land.
Obverse
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Fourth crowned portrait of HM Queen Elizabeth II facing right, wearing the Girls of Great Britain and Ireland tiara. ELIZABETH II |
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Reverse
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Depicts wavy lines, text above, denomination below. WORKING FOR ALL AUSTRALIANS |
Edge |
20 Cents
4th portrait
100th Anniversary of the Australian Taxation Office
KM# 1513 Schön# 1486
100th Anniversary of the Australian Taxation Office
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Characteristics
Type | Commemorative Issue (Circulating) |
Material | Cupronickel |
Weight | 11.31 g |
Diameter | 28.52 mm |
Thickness | 2 mm |
Shape | round |
Alignment | Medal |
Mint |
Royal Australian Mint (RAM)
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