Senate
Treasury Laws Amendment (Making Multinationals Pay Their Fair Share - Integrity and Transparency) Bill 2023
Supplementary Explanatory Memorandum
(Circulated by authority of the Assistant Minister for Competition, Charities and Treasury, the Hon Dr Andrew Leigh MP)Glossary
This Supplementary Explanatory Memorandum uses the following abbreviations and acronyms.
| Abbreviation | Definition |
| AMIT | Attribution managed investment trust |
| Bill | Treasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity and Transparency) Bill 2023 |
| CGT | Capital gains tax |
| Commissioner | Commissioner of Taxation |
| EBITDA | Earnings before interest, taxes, depreciation, and amortisation |
| FRT | Fixed ratio test |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
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