Code | Activity code description |
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1 | Administrative services Activities that relate to an entity's operations but excluding activities relating to financing and production. These activities include:
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2 | Advisory services Activities involving the provision and receipt of professional advice where a fee is paid for the advice, including:
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3 | Asset management Activities associated with the management of assets, funds or investments. This will be undertaken on a discretionary basis in accordance with an investment strategy, with the entity responsible for:
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4 | Borrowing and lending Activities involving the generation of internal and external funding. |
5 | Brokerage Activities involving the mediation between a buyer and a seller, occurring in a range of products, including:
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6 | Cash and trade services Activities involving the facilitation of fund transfers and the exchange of goods and services, including:
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7 | Construction All construction activities including residential and commercial construction and the construction of utilities and infrastructure. |
8 | Custody and transaction clearing services Custody is all activities that are associated with the safekeeping of securities for customers, also includes the collection of dividends, interest and proceeds from securities sales. Transaction clearing are all activities associated with the management of post-trading, pre-settlement credit exposures, to ensure that trades are settled in accordance with market rules, including:
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9 | Derivatives Activities undertaken in respect of derivatives (a financial instrument derived from some other asset, index, event, value or condition). The overall derivatives market has 5 major classes of underlying asset:
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10 | Distribution and sale of goods Goods purchased by a distributor from an international related party. |
11 | Financing activities Activities involving dealings in financial instruments that would qualify as financial assets or financial liabilities under relevant Australian accounting standards or comparable foreign accounting standards but excludes financial instruments that would meet the definition of a derivative. At the time of this publication, the 2 key Australian accounting standards relevant to this question are:
The relevant amounts may be reported in the financial statements as revenue and gains or expenses and losses, depending on the accounting treatment of your relevant financial assets and financial liabilities (this includes amounts relating to hedging items that are classified in the financial statements as financial assets or financial liabilities). Therefore, for the purposes of this activity code:
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12 | Guarantees Activities associated with contracts under which a party agrees to perform an obligation or discharge a liability of another entity should that entity fail to do so. |
13 | Insurance and reinsurance Insurance and reinsurance activities include general insurance, life insurance and health insurance. |
14 | Leasing Activities that relate to agreement between 2 parties under which one is granted the right to use the property of the other for a specified period of time in return for a series of payments by the user to the owner. |
15 | Licensing or transfer of intellectual property Activities involving an intellectual property rights owner (licensor) and another entity which is given authorisation to use these rights (licensee) in exchange for an agreed payment (fee or royalty). This includes activities involving:
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16 | Logistics Activities associated with the managing of a commercial organisation’s supply chain that supports the sourcing, timing and movement of goods and services, including:
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17 | Manufacturing and sale of goods Activities involved in the sale of goods created by a manufacturing process (excluding agriculture). |
18 | Media, telecommunications and information services With regard to media and information services, activities associated with the creation, collation, dissemination and distribution of content via:
With relation to Telecommunications, activities associated with the operation, management, maintenance and sale of access to telecommunications infrastructure and networks including:
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19 | Primary production or extraction and sale of goods Activities involved in the sale of physical products that have resulted from:
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20 | Purchase and distribution of goods Goods sold by a distributor to an international related party. |
21 | Purchase and manufacture of goods Activities associated with the purchase of goods to be used in a manufacturing process (excluding agriculture). |
23 | Retail trade Activities associated with the retail trade of all goods classifications to end customers through a shopfront or e-commerce website. |
24 | Sales and marketing services Sales services include:
Marketing services include:
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25 | Securitisation services Activities involving the packaging of an income by the party entitled to it and the subsequent sale of such income stream to investors. |
26 | Software and information technology services Activities involved in the support and maintenance of software and technology used by the taxpayer. Activities relating to the ownership of the software and technology are excluded, such as leasing and rental fees. |
27 | Superannuation Activities associated with providing, funding or offering investment strategies for financial security upon retirement. |
28 | Technical services Activities involving:
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29 | Toll manufacturing services Activities involved with the provision of manufacturing services for a fee or price per unit payment, where the manufacturing entity does not take legal title to the inventory or finished goods. |
30 | Treasury related services Activities involved in the managing of the taxpayer's financial operations, including:
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31 | Underwriting services Activities involved in measuring risk exposure and determining the premium that needs to be charged to insure the risk, including:
Insurance underwriting should be reported under activity code 13 – insurance and reinsurance. |
32 | Utilities and infrastructure Activities associated with the operation and management of utilities (for example, electricity, gas, water, sewerage) and infrastructure (for example, roads, rail, airports, seaports). |
99 | Other All other activities not listed above |
Continue to: Appendix 5: Main pricing methodologies
Return to: Appendixes for the IDS