House of Representatives
Tax and Superannuation Laws Amendment (2015 Measures No. 1) 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 |
| Abbreviation | Definition |
| AFCF | Australian Financial Centre Forum |
| ATO | Australian Taxation Office |
| BOT | Board of Taxation |
| CAC Act | Commonwealth Authorities and Companies Act 1997 |
| Commissioner | Commissioner of Taxation |
| DBU | Domestic Banking Unit |
| DGR | deductible gift recipient |
| DICTO | dependent (invalid and carer) tax offset |
| DSTO | dependent spouse tax offset |
| FBTAA | Fringe Benefits Tax Assessment Act 1986 |
| FHSA | first home saver account |
| FHSA Act | First Home Saver Accounts Act 2008 |
| FMA Act | Financial Management and Accountability Act 1997 |
| FTB Part B | Family Tax Benefit Part B |
| GST | Goods and services tax |
| GST Act | A New Tax System (Goods and Services Tax) Act 1999 |
| Hub | Global Infrastructure Hub Ltd |
| IME | Investment Manager Exemption (UK) |
| IMR | Investment Manager Regime (Australia) |
| IT(TP)A 1997 | Income Tax (Transitional Provisions) Act 1997 |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| NANE | Non-assessable non-exempt |
| OB | Offshore banking |
| OBU | Offshore Banking Unit |
| OCTO | overseas civilians tax offset |
| OECD | Organisation for Economic Co-operation and Development |
| OFTO | overseas forces tax offset |
| PE | permanent establishment |
| previous IMR Act | Tax Laws Amendment (Investment Manager Regime) Act 2012 |
| PSO Act | Product Stewardship (Oil) Act 2000 |
| RIS | regulation impact statement |
| TAA 1953 | Taxation Administration Act 1953 |
| TIES | Tax Issues Entry System |
| UK | United Kingdom |
| US | United States of America |
| ZTO | zone tax offset |