House of Representatives
Treasury Laws Amendment (OECD Multilateral Instrument) Bill 2018
Explanatory Memorandum
(Circulated by authority of the Minister for Revenue and Financial Services, Minister for Women and Minister Assisting the Prime Minister for the Public Service, the Hon Kelly O'Dwyer MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| ATO | Australian Taxation Office |
| BEPS | Base erosion and profit shifting |
| Bill | Treasury Laws Amendment (OECD Multilateral Instrument) Bill 2018 |
| FBT Assessment Act | Fringe Benefits Tax Assessment Act 1986 |
| German agreement | Agreement between Australia and the Federal Republic of Germany for the Elimination of Double Taxation with respect to Taxes on Income and on Capital and the Prevention of Fiscal Evasion and Avoidance and Protocol, done at Berlin on 12 November 2015 |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| Japanese convention | Convention between Australia and Japan for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income, Protocol and Exchange of Notes, done at Tokyo on 31 January 2008 |
| New Zealand convention | Convention between Australia and New Zealand for the Avoidance of Double Taxation with respect to Taxes on Income and Fringe Benefits and the Prevention of Fiscal Evasion, done at Paris on 26 June 2009 |
| OECD | Organisation for Economic Cooperation and Development |
| OECD Model | Organisation for Economic Cooperation and Development Model Tax Convention on Income and on Capital |
| TAA 1953 | Taxation Administration Act 1953 |
| Tax Agreements Act | International Tax Agreements Act 1953 |