Taxation Glossary in Chinese

English Term
Appear in
Lecture
A
ABN
L 6
Accelerated Rates
L 7
Accruals Basis Accounting

L 3L 12
Accumulated
L 6
Acoustic Material
L 5
Acquire
L 5
Acquisition Cost
L 9
Active Asset
L 9
Actual Interest
L 10
Ad-hoc
L 10
Adjacent
L 9
Adjusted Taxable Income
,(dependant
rebate)medical levy
surcharge, HELP
L 3L 6
Adjustment Notes
L 12
Affiliated Entities
L 7
Aggregated
L 7L 10
Alleviate
L 4
Allowance - Employee
L 2
Allowance - Remote Area ,
L 6
Allowance - sickness
L 6
Allowance - Travel
L 2
Allowance - Uniform
L 2
Annual Leave
L 8
Annual Reconciliation
L 12
Annual Turnover
L 12
Annualised
L 10
Annuity Stream
L 2
Apportion
L 4L 9L 10
Arbitrary
L 5
Arm's Length Transactions
L 7L 10
Artificial
L 11
Assessable Allowance
L 4
Assessable Income
L 1L 2L 6
Associates
L 3L 10
Australian Source Income
L 1
Austudy
L 2
Award Overtime Meals ()
L 5
B
Bad Debts
L 11
Barter Transaction
L 2
Base Value
L 10
Base Year
L 10
Basic Method
L 3
Beneficiary
L 9
Benevolent Institutions
L 5
Bogus
L 11
Borrowing Expenses
L 5L 11
Building Insulation
L 7
Bulky Equipment
L 5
Business Activity Statement BAS,
L 12
Business Approach
L 3
Business Norms
L 12
Business Premises Test
L 3L 11
Business Records
L 3
C
Capacity
L 6
Capital Allowance
L 1L 7
Capital Gains Tax
L 1L 2L 9
Capital Improvement
L 7
Capital Losses
L 9
Caravan
L 9
Carrying on a business
L 2
Cash Basis Accounting
L 3L 12
Cash Incentives
L 2
Catered
L 12
Cease
L 5
Cedar Tree
L 12
Child Minding Costs
L 4
Claim
L 2
Collectibles
L 9
Commercial Bill
L 4
Committed
L 4
Complying
L 8
Composite
L 12
Comprise
L 11
Concession ()
L 5L 7L 8L 11
Concessional Contribution Lecture notes.
L 5
Concessional Interest Rate ,
L 10
Consideration ,
L 7
Constructive Receipt
L 3
Continuity of Ownership Test
L 11
Contractor
L 3
Contribution
L 6
Contributions Segment Lecture notes.
L 8
Control of Voting Power
L 1
Conversion into Money
L 2
Cost Base Lecture notes.
L 9
Court Order
L 4
Crystallised Segment Lecture notes.
L 8
D
De Facto
L 6L 10
Death Benefit
L 8
Debt Collection
L 12
Deceased Estates
L 9
Decimal
L 9
Decline in Value
L 7
Deductible
L 11
Deduction Assesable
Incometaxable
income
L 4L 7L 10
Deduction - General
L 4L 5
Deduction - Specific
L 4L 5
Deem
L 10
Deemed Depreciation
L 10
Deemed Interest
L 10
Defective
L 3
Defence Force Personnel
L 6
Deferral ()
L 3
Deficit
L 11
Delegate Work
L 3
Demolishing
L 7
Dependant
L 1L 3
Depreciating Assets
L 1
Depreciation
L 7
Destruction
L 4
Dilapidated
L 5
Diminishing Value
L 7L 10
Disability Pension
L 6
Discharge
L 10
Disposal of
L 7L 9
Distinguish
L 2
Distribute ,
L 11
Divest
L 1
Dividend Reinvestment
L 3
Dividends
L 1L 2L 11
Domicile /
L 1
Dominant Purpose
L 3
Double Tax Agreements
L 1
Drawing
L 11
Dry Dock
L 7
Due
L 4
Dwelling
L 9
Dyeing
L 7
E
Effective Life
L 7
Effort
L 3
Eligible
L 5
Employee Share Schemes
L 3
Employment Termination Payments ETP,
L 1L 8L 11
Employment Test
L 3
Enduring benefit
L 4
Engaged in
L 6
Enhancement Costs
L 9
Entertainment Expenses
L 5
Entitled to
L 10
Equity
L 11
Estimated Profits Method
L 3
Everlasting
L 1
Excess
L 11
Exempt
L 9L 10
Exempt Assets
L 9
Exempt Income
L 2L 8
Existing
L 12
Expenditure
L 4
Extraordinary Transaction
L 2
F
Facility
L 10
Family Tax Benefit
L 3L 6
FBT - Car
L 10
FBT - Car Parking
L 10
FBT - Debt Waiver
L 10
FBT - Deferred Loan
L 10
FBT - Entertainment
L 10
FBT - Expense
L 10
FBT - In House ,
L 10
FBT - Loan
L 10
FBT - Property
L 10
FBT - Residual
L 10
Feasibility Study
L 4
Financial Supplies
L 12
Fine
L 4
Forego
L 6
Forfeiture
L 3
Fraction ,
L 11
Free Fit-out
L 2
Frequent Flyer Benefits
L 2
Fringe Benefit ()
L 2L 6
Fringe Benefit Tax FBT,
L 1L 6L 10
Fully Franked
L 11
G
Gables
L 7
Gambling
L 2L 3
Garage
L 9L 10
Golden Handshake ()()
L 8
Goods and Services Tax GST10%
$1000, gst$100,$1100 L 1L 12
Goodwill
L 9
Government Co-Contribution Scheme Lecture notes.
L 5
Government Funded
L 2
Grain Silo
L 7
Grooming Expense
L 4
Gross Income
L 12
Grossed Up Value
L 10L 11
Group Certificate PAYG Payment
Summary,

L 6L 10
GST Exclusive GST
GST Free GST
L 12
GST Free Supplies GST
L 12
GST Inclusive GST
L 10L 12
H
HELP (HECS) ()
L 6
Higher Education Schemes HELP
L 6
Hire Purchase
L 10
Hobby
L 3
Holding Company
L 4
Home Office
L 5
I
Identical
L 7
Implication
L 5
Imposition
L 11
Imputation Credit ()
L 6L 11
In Lieu of
L 6
In Respect of
L 10
Incidental Costs
L 9
Incidental to employment
L 4
Income Derivation
L 3
Income Producing Capacity
L 4
Income Stream
L 2L 8
Income year 71630 income year
() L 1
Incurred
L 4
Indebted
L 4
Indemnify
L 4
Indexed
L 8
Indexed Cost Base Lecture notes.
L 9
Individual Employee
L 2
Inflation
L 9
Infrequently
L 10
Initial Registration (),
L 10
Initial Repairs ()
L 5
Input Tax
L 12
Input Tax Credit .
L 10
Input Taxed Lecture notes.
L 10
Input Taxed Supplies Lecture notes.
L 12
Intangible Assets of a Wasting Nature
L 7
Intention
L 1L 4
Interest
L 2
Invalid Relative
L 6
Investments
L 3
Invoice
L 12
Isolated Payment
L 2
Isolated Transaction
L 2
Itinerant
L 5
J
Joint
L 11
L
Lapse
L 9
Laundry Expenses
L 5
Leading Time
L 3
Lease
L 10
Lease Incentives
L 2
Lease Plant
L 7
Leased Vehicles
L 10
Leave
L 3
Legitimate
L 11
Levied
L 12
Liquidator
L 11
Listed Shares
L 5
Loan Establishment Fees
L 10
Log Book
L 5L 10
Long Service Leave .
2 L 8
Losses or Outgoings
L 4
Lottery Windfall Gains
L 2
Lump Sum
L 8
M
Main Residence
L 9
Maintenance Payments
L 3
Market Value Substitution
L 9
Maturing
L 4
Medicare Levy
L 1L 6L 11
Medicare Levy Surcharge ,
L 6
Mill
L 12
Minor
L 10
Minor
L 6
Miscellaneous
L 3L 10
Mortgage
L 5L 10
Movable Office Partition
L 7
N
Narrow Approach
L 2
Negative Limb Lecture notes.
L 4
Net Income
L 11
Nexus
L 4L 7
Non Business Taxpayers
L 7
Non Cash Lease Incentives
L 2
Non Income
L 1
Non Resident
L 1
Non-Capital Costs .
L 9
Nonetheless
L 3
Non-Indexed
L 9
Non-Profit
L 3
Notional
L 10L 11
Notional Input Credit Lecture notes.
L 12
O
Odometer Readings
L 5
Offset ( Tax Offset) ,gross tax payable
L 3L 6L 9L 11
Offset - Entrepreneurs -
L 6
Offset - Foreign Income -
L 6
Offset - Mature Aged Worker -
L 6
Offset - Private Health Insurance -
L 6
Offset - Senior Australian -
L 6
Offset- Education Expenses -
L 6
One-off
L 2
Ongoing Financial Support
L 2
Onus
L 11
Operating Cost
L 10
Ordinary Course of the Business
L 2
Ordinary Income
L 1L 2
Original Value
L 10
Otherwise Deductible Rule ,de
duction L 10
Output Tax
L 12
Owner
L 2
P
Panel Vans
L 10
Paramount
L 10
Parental Leave Payment
L 2
Partnerships
L 1L 11
PAYG

L 6L 11L 12
Pension - Invalidity
L 8
Pensions
L 2L 3
Periodicity
L 2
Permanent
L 1
Personal Services Business Lecture notes.
L 3L 11
Personal Services Income Regime Lecture notes.
L 3L 11
Personal Use Assets
L 9
Petrol Station Canopy
L 7
Place of Incorporation
L 1
Place of Management
L 1
Plant
L 7
Pocket Money
L 2
Pooling
L 7
Positive Limb Lecture notes.
L 4
Post Income Stream Expenditure
L 4
Pre CGT Assets
L 2
Pre Fab School Gym
L 7
Pre Income Stream Expenditure
L 4
Premises
L 10
Premiums
L 6
Prepayment
L 4
Primary Production
L 3L 11
Prime Cost
L 7
Principals
L 11
Principle of Mutuality
L 2L 8
Prior to
L 4
Prior Year
L 11
Private or Domestic
L 4L 10
Proceeds ,
L 2L 7
Proceeds of Illegal Activities
L 7
Profitability ,
L 3
Property
L 5
Property Partnership
L 11
Pro-Rata
L 1L 6L 7
Prospect
L 4
Provision
L 4
Provision of Services
L 2
Proviso
L 10
Purchase Snap Shot Lecture notes.
L 12
Q
Quarterly Instalments
L 12
R
Raffle Ticket
L 5
Rates
L 9
Real Property
L 3
Realisation of an Asset ,
L 2
Rebate gross tax
payable,"tax payable"
L 6
Rebate - Child Housekeeper -
L 6
Rebate - Dependant -
L 1L 3L 6
Rebate - Franking -
L 6
Rebate - Housekeeper -
L 6
Rebate - Invalid Relative -
L 6
Rebate - Low Income Aged &
Beneficiary
, -
L 6
Rebate - Low Income Earner -
L 6
Rebate - Medical Expenses -
L 6
Rebate - Notional Lecture notes.
L 6
Rebate - Sole Parent -
L 6
Rebate - Spouse -
L 6
Rebate - Super Contribution for
Spouse
Lecture notes.
L 6
Rebate - Zone -
L 6
Rebate -Pensioner -
L 6
Receipt
L 5
Recipient Contribution
L 10
Reciprocal Benefit
L 5
Recreational
L 10
Rectify
L 3
Reduced Cost Base Lecture notes.
L 9
Redundancy Payments
L 8
Refinancing
L 11
Refiner
L 12
Refundable Rebate
L 10
Regardless of
L 3
Regular Receipts
L 2
Reimbursement
L 2L 10
Reimbursement on Cents per KM
Basis- MV

.
L 2L 5
Related Entities
L 5
Relevant Rebate Amount Lecture notes.
L 6
Relinquished
L 1
Relocation Expense
L 10
Remit
L 12
Remuneration Tribunal
L 5L 11
Render
L 2L 11
Renovate
L 11
Rent
L 2
Rent Free
L 2
Rental Losses
L 6
Rental Property Assets
L 7
Reportable
L 6
Resident
L 1
Residential Premises
L 12
Residential Rents
L 12
Resignation
L 8
Retirement Payments
L 1L 8
Retrenchment
L 8
Retribution
L 11
Retrospective
L 11
Reward for Services
L 2
Rezoning & Development Project
L 2
Royalties
L 1
S
Salary
L 6
Salary Sacrifice
L 6
Sales Percentage
L 12
Same Business Test
L 11
Same Sex Partners
L 6
Scaffolding
L 2
Scale in / out Lecture notes.
L 6
Self-Employed
L 5
Set Aside
L 4
Severance Pay
L 8
Sewerage
L 12
Shade in / out scale in
L 6
Share Premium Account
L 11
Share Trading
L 3
Shares
L 3
Sick Leave
L 8
Single Income Families
L 6
Size
L 3
Small Business Concessions
L 1
Small Business Entity
L 4L 12
Small Business Relief
L 9
Snap Shot Lecture notes.
L 12
Soccer Grandstand
L 7
Social Welfare
L 3
Solely
L 9
Split
L 11
Stamp Duty
L 5
Stationary
L 5
Statutory Formula
L 10
Statutory Fraction
L 10
Statutory Income
L 1L 2
Statutory Interest Rate
L 10
Stock Purchases Lecture notes.
L 12
Straight Line Basis
L 4
Subdivided
L 12
Submit
L 11
Subscription
L 10
Subsidiary
L 4
Substantiation
L 5
Sufficient
L 4
Superannuation Contribution
L 5
T
Tax Drain
L 11
Tax Loss
L 11
Tax Payable - Gross
L 6L 11
Tax Payable - Net
L 6
Tax Related Expenses
L 5
Tax Return
L 6
Taxable Income
L 1L 2L6L 11
Taxable Supplies
L 12
Taxed-upfront
L 3
Temporary Resident
L 1
Tenant
L 2
Terminal Disease
L 8
Termination Value ,
L 7
Tertiary
L 12
Testamentary
L 5
TFN
L 6
The Child Care Benefit
L 6
Threshold - Tax Free
L 6
Title
L 9
Toxic
L 7
Trading Stock
L 7
Trust Deed
L 6
Trust Income
L 6L 11
U
Ultimate Profit
L 3
Uncontrolled Partnership Income
L 11
Undeducted Contributions
L 2 L8
Underlying Asset
L 4
Unfranked Dividend
L 11
Unrecouped
L 9
Unrelated Client Test
L 3
Utilities
L 10
V
Valuation Fees
L 5
Value Added Tax
L 12
Variations
L 4
Vats
L 7
Venture
L 4
Veterans' Entitlement
L 6
Volume
L 3
Voluntary Gifts
L 2
Voluntary Payments
L 2
W
Wages
L 4
Warranties
L 4
Withholding Tax
L 1
Work in Process WIP,
L 11
Workers Compensation
L 2
Worldwide Income
L 1
Write off
L 5L 7
Written Down Value
L 7
note: Dr Michael Seamer