House of Representatives
Tax Laws Amendment (Loss Recoupment Rules and Other Measures) Bill 2005
Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Peter Costello MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
|---|---|
| APRA | Australian Prudential Regulation Authority |
| ATO | Australian Taxation Office |
| CGT | capital gains tax |
| Commissioner | Commissioner of Taxation |
| COT | continuity of ownership test |
| declared CFI amount | declared conduit foreign income amount |
| ESS | employee share scheme |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| MEC group | multiple entry consolidated group |
| received CFI amount | received conduit foreign income amount |
| SBT | same business test |
| TAA 1953 | Taxation Administration Act 1953 |