House of Representatives
Income Tax (Attribution Managed Investment Trusts - Offsets) Bill 2015
Income Tax Rates Amendment (Managed Investment Trusts) Bill 2015
Medicare Levy Amendment (Attribution Managed Investment Trusts) Bill 2015
Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015
Explanatory Memorandum
(Circulated by the authority of the Minister for Small Business and Assistant Treasurer, the Hon Kelly O'Dwyer MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| AMIT | attribution managed investment trust |
| AMMA statement | AMIT member annual statement |
| Board's Report | Board of Taxation's Report on the Review of the Tax Arrangements Applying to Managed Investment Trusts in August 2009 |
| CGT | capital gains tax |
| DIR payment | dividends, interest or royalties payment |
| FITO | foreign income tax offset |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| MIT | managed investment trust |
| PAYG | Pay As You Go |
| TAA 1953 | Taxation Administration Act 1953 |
| TFN | tax file number |
| TOFA | Taxation of Financial Arrangements |