Abbreviations

AAT

Administrative Appeals Tribunal

ABN

Australian business number

ABR

Australian Business Register

ABS

Australian Bureau of Statistics

ACT

Australian Capital Territory

ADF

approved deposit fund

ADI

authorised deposit-taking institution

AEST

Australian eastern standard time (by legal time in the Australian Capital Territory)

ANZSIC

Australian and New Zealand Standard Industrial Classification

ATO

Australian Taxation Office

BSB

bank state branch

CGT

capital gains tax

Commissioner

Commissioner of Taxation

DGR

deductible gift recipient

DTA

double tax agreement

DVA

Department of Veterans’ Affairs

EFT

electronic funds transfer

ELS

electronic lodgment service

EPA

environmental protection activities

FBT

fringe benefits tax

FMD

farm management deposit

FMIS

forestry managed investment scheme

FTDT

family trust distribution tax

FTP

file transfer protocol

GIC

general interest charge

GST

goods and services tax

ID

identification

IRUs

indefeasible rights to use telecommunications cable systems

ITAA 1936

Income Tax Assessment Act 1936

ITAA 1997

Income Tax Assessment Act 1997

ITA(1936)R

Income Tax Assessment (1936 Act) Regulation 2015

LIC

listed investment company

MEC

Multiple entry consolidated group

MLS

Medicare levy surcharge

NRAS

National rental affordability scheme

PAYG

pay as you go

PSI

personal services income

PST

Pooled superannuation trust

R&D

research and development

RBA

running balance account

RSA

retirement savings account

SGC

superannuation guarantee charge

SIS

simplified imputation system

STS

simplified tax system

TAA 1953

Taxation Administration Act 1953

TBNT

trustee beneficiary non-disclosure tax

TFN

tax file number

TOFA

Taxation of Financial Arrangements

Trust Loss Act

Taxation Laws Amendment (Trust Loss and Other Deductions) Act 1998

UCA

uniform capital allowance

US

United States of America