House of Representatives
Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015
Explanatory Memorandum
(Circulated by the authority of the Treasurer, the Hon J. B. Hockey MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| Action 13 report | The G20 and Organisation for Economic Co-operation and Development's 2014 publication, Guidance on Transfer Pricing Documentation and Country-by-Country Reporting |
| ATO | Australian Taxation Office |
| BEPS | Base Erosion and Profit Shifting |
| BEPS Action Plan | The G20 and Organisation for Economic Co-operation and Development's Action Plan on Base Erosion and Profit Shifting |
| CbC | Country-by-Country |
| Commissioner | Commissioner of Taxation |
| GST | Goods and services tax |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| OECD | Organisation for Economic Co-operation and Development |
| PE | permanent establishment |
| TAA 1953 | Taxation Administration Act 1953 |
| Transfer Pricing Guidelines | Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations |