Tax Collection 1 Income Tax Actuarial Gains Or Losses On Defined Benefit Plans Amount For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Adjustment Due Amount The amount of income tax required to be paid by a business/individual or the amount to be refunded. Income Tax Allocated To Project Pool For Environmental Assessments Amount The total of any amounts allocated to a project pool which were incurred for environmental assessments for the project. Income Tax Allocated To Project Pool For Mining And Transport Capital Expenditure Amount The total of any amounts a reporting party has allocated to a project pool for mining capital expenditure and/or transport capital expenditure. Income Tax Allocated To Project Pool Other Than For Environmental Assessments Or Mining And Transport Capital Expenditure Amount The total of all other project amounts allocated to a project pool. Income Tax Arms Length Capital Amount Arm's length capital amount is a notional amount of equity capital attributable to the reporting party's Australian operations determined under the arm's length test in the legislation. Income Tax Arms Length Debt Amount Arm's length debt amount is a notional amount of debt attributable to the reporting party's Australian operations determined under the arm's length test in the legislation. Income Tax Assessable Income Other Amount Other assessable income amounts not reported elsewhere Income Tax Assessment Calculation Code A code that is given to each beneficiary, where the beneficiary is presently entitled to a share of the income of a trust and also against income to which no beneficiary is presently entitled and in which no beneficiary has an indefeasible vested interest. Income Tax Asset Revaluation Amount The asset revaluation amount for thin capitalisation purposes. Income Tax Assets Value Average Amount The average value of assets over a given period. Income Tax Associate Entity Debt Average Value Amount Associate entity debt is debt lent to an associate entity on arm's length terms and conditions. Income Tax Associate Entity Equity Average Value Amount Associate entity equity is the equity an investing entity has invested in an associate entity and the debt interests issued by the associate entity to the investing entity that do not and will not at any time give rise to debt deductions. This is measured from the investing entity's perspective. Income Tax Associate Entity Excess Average Value Amount Associate entity excess amount is the proportion of excess borrowing capacity of an associate entity and any premium paid for an investment in an associate entity that can be used to increase the investing entity's safe harbour debt amount and worldwide gearing debt amount. Income Tax Associates And Joint Ventures Accounted For Using Equity Method Amount For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Attributed Foreign Income Amount The amount distributed from the reporting entity of the income attributed to the reporting entity from controlled foreign entities and transferor trusts and/or from foreign investment funds (FIFs) and foreign life assurance policies (FLPs). Income Tax Australian Government Pensions And Allowances Tax Withheld Amount Tax withheld from government payments. Income Tax Available Reporting Options Text The options are delimited by a comma. For example, the Available Options attribute could contain string value "1,2" which means that option 1 and 2 are available. Valid options are: Note: Available Options is an attribute of PAYGITIOptionCode and is used to report what options a user can select. The attribute is represented as a string and lists the available options. Income Tax Averaging Method Code 1 = Opening/closing balances; 2 = Three measurement days; 3 = Frequent measurement - quarterly; 4 = Frequent measurement - regular intervals The type of averaging method used for calculating average values. Income Tax Beneficiary Under Legal Disability Also Presently Entitled To Income From Another Trust Indicator Question to determine the trustee's liability to pay tax on a share of income for a beneficiary who is under 18 years of age. Income Tax Capital Gains Tax Small Business Period Exemption Amount The amount of capital gain that can be exempted where the small business has qualified for the 15-year exemption. Income Tax Capital Shortfall Amount The amount by which the reporting party's adjusted average equity capital or average equity capital is less than its minimum capital amount. Income Tax Cash Flow Hedges Amount For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Commercial Debt Forgiveness Amount The net amount of commercial debts owed by the company that were forgiven during the income year - see Division 245 of Schedule 2C to the ITAA 1936. Broadly, a debt is a commercial debt if any part of the interest payable on the debt is or would be an allowable deduction. A debt is forgiven if the company's obligation to pay the debt is released or waived or otherwise extinguished. Income Tax Commonwealth Of Australia Government Pensions And Allowances Code Code indicating that a tax offset may apply Income Tax Company And Superannuation Fund Deferred Liability Instalment Amount This is the amount of company income tax which was due when the new tax system was introduced. These clients were given an extended period of time to pay this amount. Deferred Company/Fund Instalment (DCI) is a special transitional arrangement created to support the introduction of Pay As You Go (PAYG) Income Tax Instalments (ITI). Income Tax Controlled Foreign Entity Debt Average Value Amount Inform the field with the reporting party's controlled foreign entity debt which is the total value of all the debt interests held by the relevant entity that satisfies the interests on issue at that time. The average debt interests issued by a controlled foreign entity to an Australian controller of that entity or to an associate entity of that Australian controller. Income Tax Controlled Foreign Entity Equity Average Value Amount Inform the field with the entity's average value of controlled foreign entity equity taking into account the value of an equity interest in, or a debt interest issued by, a controlled entity of the relevant entity only to the extent that the interest is not attributable to any of the following: * assets that are held by the controlled entity throughout the relevant period; * assets attributable to the controlled entity's Australian permanent establishments; * other assets that are held by the controlled entity for the purposes of producing assessable income of the controlled entity. The average equity interests held in a controlled foreign entity by an Australian controller of that entity or by an associate entity of that Australian controller. It may also include certain debt interests. Income Tax Controlled Foreign Entity Equity Value Average Amount The average value of the equity interests held in a controlled foreign entity. Income Tax Debt Adjusted Average Amount The adjusted average value of the reporting party's debt capital that gives rise to debt deductions and cost free debt capital. Average debt excludes debt capital attributable to any of its overseas permanent establishments. Income Tax Debt Average Amount The average value of the reporting party's debt capital that gives rise to debt deductions and cost free debt capital. Income Tax Debt Excess Amount The amount by which the reporting party's adjusted average debt is more than its maximum allowable debt. This amount is used to calculate the proportion of debt deductions disallowed. Income Tax Debt Maximum Allowable Amount The maximum allowable debt is the greatest of: the safe harbour debt amount; the arm's length debt amount; and the worldwide gearing debt amount (available only to Australian entities which are not foreign controlled). The maximum amount of debt a reporting party can have before debt deductions are disallowed. Income Tax Deferred Tax Assets From Specific Provision And General Reserve For Credit Losses Amount Report Deferred Tax Assets associated with the provisioning for asset impairment in accordance with AASB 112. For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Deferred Tax Assets From Tax Losses Amount Report Deferred Tax Assets arising out of tax losses in accordance with AASB 112. For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Deferred Tax Assets Other Amount Report Deferred Tax Assets other than from tax losses, specific provision and general reserve for credit losses. Income Tax Deferred Tax Total Amount Report deferred tax assets recognised in accordance with AASB 112. Income Tax Distribution From Partnerships Gross Assessable Amount Total amount of the gross distribution from all partnerships, including any share of franking credits attributable to dividends paid by an Australian company. Income Tax Distribution From Trusts Gross Assessable Amount Total amount of the gross distribution from all trusts, including any share of franking credits attributable to dividends paid by an Australian company. Income Tax Distribution From Trusts Less Capital Gain And Foreign Income Amount The amount of income distributions from other trusts less net capital gains and foreign income. Income Tax Dividends TFN Amounts Withheld Amount The total of Tax File Number (TFN) amounts withheld from dividends received, less any refund of TFN amounts withheld. Income Tax Dotation Capital Average Value Amount The reporting party's average equity capital is the sum of the average value of the total amounts that are made available by the reporting party to the Australian permanent establishments of the reporting party as loans to the Australian permanent establishments; and do not give rise to any debt deductions of the reporting party for that or any other income year. Australian branches, or permanent establishments, of foreign banks are commonly provided with interest-free loans from other parts of the entity to use as working capital. These loans are sometimes referred to as dotation capital. Income Tax Equity Capital Adjusted Average Amount The adjusted average value of an outward investor Authorised Deposit-taking Institution's equity capital, other than equity capital attributable to its overseas permanent establishments and equity invested in its controlled foreign entities. Income Tax Equity Capital Attributable To Overseas Permanent Establishments Amount This is the equity capital attributable to overseas permanent establishments. Income Tax Equity Capital Average Amount The average value of an inward investor Authorised Deposit-taking Institution's equity capital, other than equity capital attributable to its overseas permanent establishments and equity invested in its controlled foreign entities. Income Tax Exempt Income Received Via Trust Distribution Amount Report all distributions from trusts that are not subject to taxation in the hands of the superannuation entity. This may include distributions from Pooled Superannuation Trusts or a distribution of capital by a trust. Tax deferred distributions must not be included. Income Tax Expense Or Benefit Amount For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Expense Reconciliation Adjustments Amount Adjustments related to expense items used to reconcile a taxpayer's business operating profit or loss with their business taxable income. Income Tax Foreign Resident Withholding Expenses Amount All expenses directly relating to income that is subject to foreign resident withholding. Income Tax Gains Or Losses On Foreign Exchange Amount For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Gains Or Losses On Remeasuring Available For Sale Financial Assets Amount For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Income Business Other Amount Other business income amounts not discriminated elsewhere Income Tax Income Due To Fund Tax Status Change Amount The amount of assessable income calculated as a result of a change in the tax status of the fund Income Tax Income Excepted Net Amount Refer Section 102AG of the Income Tax Assessment Act 1936 Income Tax Income Exempt Amount Income that is exempt from Australian tax - refer Income Tax Assessment Act 1997 sections 11-5, 11-10 and 11-15 Income Tax Income From Australian Source Other Amount Other income amounts from Australian sources not discriminated elsewhere Income Tax Income From Australian Source Other Description The description of other income amounts from Australian sources not discriminated elsewhere Income Tax Income From Australian Sources Taxable Amount The total of Australian assessable income minus total allowable deductions as per the Income Tax Assessment Act. Income Tax Income Gross Other Amount Other income gross amounts not discriminated elsewhere. Income Tax Income Non Arms Length Net Amount The net amount of income that a superannuation fund, ADF or PST has received from a transaction or series of transactions between parties that is non-arm's length income. Income is non-arm's length income if the parties to a transaction or a series of transactions are not dealing at arm's length and the income derived from the transaction is greater than might have been expected had the parties been dealing at arm's length in relation to the transaction. The transactions covered may include interest on loans, rent from property, profit on sale of assets and capital gains, and franking credits on dividends. Income Tax Income Not included In Assessable Income Other Amount Other income amounts not discriminated elsewhere, which are not included in the assessable income. Income Tax Income Or Loss Taxable Amount The total Australian Primary Production sourced assessable business income less total deductible expenses incurred in producing that income, adjusted by any reconciliation items that was directly earned by the reporting entity. Income Tax Income Reconciliation Adjustments Total Amount Adjustments related to income items used to reconcile an entity's business operating profit or loss with their business taxable income. Income Tax Income Tax Gross Amount The amount of tax payable before the allowance of any rebates/tax offsets or credits. It is the Taxable Income multiplied by the applicable tax rate. Income Tax Instalment Claimable Credits Amount Where the client varies their income tax instalment the liability for the year may be less than the amount which has already been paid which gives rise to a PAYGI credit. This is where the client is able to claim a credit for overpayment instalments of previous quarters as a result of reduced varied instalment amounts. Income Tax Instalment Income Amount Include in the instalment income amounts such as: - goods or services that they sell or supply - interest received or credited to their bank account - gross rent - dividends paid or re-invested on the taxpayer's behalf (do not include imputation credits) - royalties - gross amount of income where tax has been withheld because they did not provide your tax file number or Australian business number - foreign pensions that are assessable in Australia - the taxpayer's proportion of any partnership income - the taxpayer's proportion of any trust income, and - withdrawals from farm management deposits. All ordinary income a taxpayer earned from their business or investment activities for the period (usually quarter) excluding GST. Income Tax Instalment Payable Amount This is where the client reports their income tax instalment debit amount for the reporting period. Income Tax Intangible Depreciating Assets Termination Value Amount The termination value of each balancing adjustment event occurring for intangible depreciating assets to which the Uniform Capital Allowance rules in Division 40 of the ITAA 1997 apply - including assets allocated to a low-value pool. Income Tax Inventory Valuation Tax Method Code Valuation method codes of Closing stock action Income Tax Liability Instalments Total Amount The sum of all amounts of the entity's Pay As You Go (PAYG) instalments for the reporting period, whether or not the instalments have actually been paid. This is the total Income Tax Instalment Payable Amounts less the Income Tax Instalment refundable Amounts. Income Tax Liability Variation Reason Code A code indicating the reason the client has made a variation to the Tax Office provided instalment amount. Income Tax Liability Amount Tax liability on business and investment income for a given income year Income Tax Life Insurance Companies And Friendly Societies Bonuses Amount The amount received of any bonuses or other amounts in the nature of bonuses on the maturity, forfeiture, partial or full surrender of a short-term life insurance policy taken out after 7 December 1983. Life insurance policies are issued by life insurance companies and friendly societies. An entity is regarded as having received a bonus if it re-invests or otherwise deals with the bonus during the income year. It does not include the amount shown on a bonus certificate if the reporting entity: - received it because of death, accident, illness or other disability suffered by the person on whose life the policy was effected - received it under a policy held by a superannuation fund or scheme, an approved deposit fund or a pooled superannuation trust - can show that the amount was received because of serious financial difficulties, or - received a bonus certificate in respect of an amount allocated to increase the amount receivable on surrender or maturity. It does not include the amount of any bonus on a policy that has a date of commencement of risk on or before 7 December 1983. If the policy has a date of commencement of risk after 7 December 1983, the full amount of any bonus is included if received during the first eight years after the date of commencement of risk of the policy. Two-thirds of the bonus amount is included if it is received in the ninth year and one-third of the bonus amount if it is received in the 10th year. Amounts received after the 10th year are not included. If, during the term of the policy, the amount of a premium increases by more than 25% over the previous year's premium, the policy is taken to have started again with a commencement date at the beginning of the policy year in which the premium increased. Income Tax Life Insurance Companies And Friendly Societies Complying Superannuation Class Assessable Contributions Amount The amount of assessable contributions of complying superannuation funds that were transferred to the life insurance company under section 295-260 of the ITAA 1997 and are included in its assessable income under subparagraph 320-15(1)(i). Income Tax Life Insurance Companies And Friendly Societies Fees And Charges Amount The amount of all fees and charges included in assessable income. This includes premium-based fees, establishment fees, time-based account fees, asset fees, switching fees, surrender penalties, buy-sell margins, exit fees and interest on overdue premiums. Income Tax Loans To Related Parties Amount The amount of sum of all such loans that have a debit balance at the end of the income year, if: - the company is a private company - the company has a loan to a shareholder or an associate of a shareholder that has a debit balance at the end of the income year, and - the recipient of the loan was a natural person, partnership or trust. Income Tax Loans To Related Parties Code A - All loans were made on or after 4 December 1997. B - All loans were made before 4 December 1997 M - Some loans were made before 4 December 1997 and some loans were made on or after 4 December 1997. or leave blank. Income Tax Message After Amount Text The text message that proceeds the Tax Office provided instalment amount for quarterly and annual income tax instalment payers. Income Tax Message After Rate Text A text that explains how the commissioner's chosen rate was derived. This text message proceeds the commissioner's chosen rate. Income Tax Message Before Amount Text The text message that precedes the Tax Office provided instalment amount for quarterly and annual income tax instalment payers. Income Tax Message Before Rate Text A text message that contains either Tax Office instalment rate or varied instalment rate. This message text precedes the Commissioner's chosen rate. Income Tax Minimum Capital Amount Amount The minimum capital amount is the lesser of the following three amounts: the safe harbour capital amount; the arm's length capital amount; the worldwide capital amount. Note: The entity cannot use the worldwide capital amount if the entity is also a foreign controlled Australian entity throughout that year. The lesser of an amount calculated using a fixed ratio or an arm's length test. Income Tax Motor Vehicle Type And Method Code Code to indicate the motor vehicle type or the method used to claim the motor vehicle expenses. Income Tax Non arms Length Income Other Amount This is the balancing item in the list in which it is used Income Tax Non arms Length Private Company Dividends Net Amount The amount of non-arm's length dividend income paid by a private company, or that is reasonably attributable to such a dividend. In deciding whether the amount is a non arm's length dealing consideration must be given to any connection between the private company and the reporting entity, as well as any other relevant circumstance.Gross up the private company dividends including non-share dividends, that is, add the amount of any attached franking credit to the total amount of the private company dividends that the reporting entity received. Reduce this amount by any related deductions Income Tax Non arms Length Trust Distributions Net Amount The amount of net non- arms length trust distributions where the fund does not have a fixed entitlement to income from the trust (generally discretionary trusts), and distributions where the fund has a fixed entitlement to income from the trust and the fund acquired the entitlement to the distribution under an arrangement where the parties were not dealing at arm's length and the amount of income is more than the amount that would have been provided had the parties been dealing at arm's length. If a distribution included franked dividends (including franked non-share dividends), gross up the distribution by including any attached franking credits. Reduce this amount by any related deductions Income Tax Non Debt Liabilities Average Value Amount A non-debt liability is a liability that is not a debt interest and meets certain other criteria. Non-debt liabilities which are wholly or principally of a private or domestic nature are excluded. Income Tax On Lent Average Amount On-lent amount is a term used in the adjusted on-lent amount calculation for a financial entity to describe all amounts the reporting party has lent to other entities, certain leases and certain securities agreements. Income Tax Other Rebates And Tax Offsets Amount Tax offsets include: - entrepreneurs tax offset - allowable franking tax offsets for the income year. The amount claimed here should include the share of franking credit included in gross distributions from partnerships and gross distributions from trusts, the amount recorded at Franking credits and the amount recorded at Australian franking credits from a New Zealand company. If the shares or relevant interest are not held at risk as required under the holding period and related payments rules, or there is other manipulation of the imputation system, there is no entitlement to a franking tax offset - tax offsets for bonuses and certain other amounts received under short-term life insurance policies taken out after 27 August 1982 - tax offsets for interest on certain government and semi-government securities - tax offsets to approved resident lenders for infrastructure borrowings Do not include: - amounts of the intercorporate dividend rebate as this is no longer available - any foreign tax credit - any FDT offset - any R&D tax offset The rebates/tax offsets shown here will not be refunded nor can they be carried forward - they are only offset against gross tax. If the total of rebates/tax offsets is more than the amount at Gross tax, reduce the amount of this label so that it equals the amount at Gross Tax. The aggregate amount this label cannot exceed Gross tax. The following tax offsets are subject to refundable tax offset rules: - R&D tax offset - film tax offsets under Division 376 of the ITAA 1997 - franking tax offsets claimed by life insurance companies to the extent that they relate to distributions paid on shares and other membership interests held on behalf of policy holders - franking credits claimed by endorsed income tax exempt charities and deductible gift recipients that are entitled to a refund of excess franking credits. These entities may complete the Application for refund of franking credits - Endorsed income tax exempt charities and deductible gift recipients rather than the company tax return to obtain a refund. The company may have a refundable amount to the extent that the total of these tax offsets exceeds the tax that would otherwise be payable by the company after all its other tax offsets are taken into account. Include the R&D tax offset at the element R&D tax offset and the excess of other refundable tax offsets at Other refundable credits and not at this label. Income Tax Payable Amount The net tax derived from the amount of tax assessed less non-refundable tax offsets and credits. It must be less than or equal to tax assessed. Income Tax Pool Value Amount The total value of all of the reporting party's project pools. Income Tax Private Company Unpaid Present Entitlement Amount Amounts from the net income of the trust from this year or a previous year of income to which a private company is presently entitled and that it remains unpaid by the earlier of the due date for lodgement or lodgement of the trust return for income for the year. Income Tax Private Company Unpaid Present Entitlement Code Code indicating any effect on the entitlement during the income year Income Tax Project Pools Number A separate project pool is required for each project. The number of project pools a reporting party has. Income Tax Revaluation Surplus Amount For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Risk Value Weighted Assets Average Amount The average value of the reporting party's risk-weighted assets. Risk-weighted assets are the sum of the reporting party's risk exposures. Income Tax Risk Weighted Assets Attributable To Australian Permanent Establishments Average Amount The average value of that part of the risk-weighted assets of the reporting entity that is attributable to the Australian permanent establishments at or through which it carries on its banking business in Australia. Risk-weighted assets are the sum of the reporting party's risk exposures. Income Tax Salary And Wage Expense Tax Reporting Code The code to describe the expense component where salary and wage expenses have been wholly or predominantly reported. Income Tax Selected Reporting Option Code This is for income tax instalments where the client has the option to pay an instalment amount based on previous year's income tax liabilities. Income Tax Supervisory Levy Amount The set amount of the supervisory levy that must be paid to the ATO Income Tax Tangible Depreciating Assets Termination Value Amount The termination value of each balancing adjustment event occurring for depreciating assets - including assets allocated to a low-value pool - other than intangible depreciating assets. Income Tax Tax Liability Current Adjustment Amount For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Tax Losses Carried Forward Amount The unapplied - that is, undeducted or not transferred - amount of tax losses incurred by the entity and carried forward to the following reporting period. Income Tax Tax Losses Transferred In Amount The amount of tax losses transferred to the company from group companies under Subdivision 170-A of the Income Tax Assessment Act 1997. A group company may transfer the whole or a part of a tax loss to another company where: - both companies are members of the same wholly owned group, and - one of the companies is - an Australian branch of a foreign bank, or - an Australian PE of a foreign financial entity if the tax loss is for an income year commencing on or after 26 June 2005, and - the other company is - the head company of a consolidated or MEC group, or - not a member of a consolidatable group, and - further conditions in Subdivision 170-A of the Income Tax Assessment Act 1997 are satisfied. Income Tax Taxation Basis Or Accounting Basis Method Code TAX = Taxation basis, ACC = Accounting basis The code that determines whether an entity has used an accounting basis or a taxation basis method. Income Tax TFN Amounts Withheld From Gross Interest Amount Any Tax File Number (TFN) amounts withheld from gross interest where a TFN has not been provided to the financial institution. Income Tax Thin Capitalisation Change From General To Financial Indicator An indicator to determine whether the thin capitalisation entity's status has changed from 'general' to 'financial'. Income Tax Thin Capitalisation Entity Type Code 1 = Non-ADI: Outward investor (general); 2 = Non-ADI: Outward investor (financial); 3 = Non-ADI: Inward investment vehicle (general) ;4 = Non-ADI: Inward investment vehicle (financial); 5 = Non-ADI: Inward investor (general); 6 = Non-ADI: Inward investor (financial); 7 = ADI: Outward; 8 = ADI: Inward The type of thin capitalisation entity that the reporting party is. Income Tax Thin Capitalisation Rules Application Indicator "The thin capitalisation rules will apply to a company if: - the company is an Australian resident company and either - the company, or any of its associate entities, is an Australian controller of a foreign entity (explained below) or carries on business overseas at or through a PE, or - the company is foreign controlled, either directly or indirectly (see below), or - the company is a foreign resident company and carries on business in Australia at or through a PE or otherwise has assets that produce assessable income. Exclusions The thin capitalisation rules will not apply if: - the company's debt deductions (combined with the debt deductions of its associate entities) do not exceed $250,000 in the income year, or - in the case of an Australian company that is not foreign controlled, the combined value of the company's Australian assets and the Australian assets of its associates comprise at least 90% of the value of the total assets of the company and those associates. Control The rules measuring control take into account both direct and indirect interests that the company holds in the other entity (or vice versa), and the direct and indirect interests that associate entities of the company hold in the other entity. This means that an Australian company can be an Australian controller of a foreign entity even if it holds a direct interest of less than 50% in the foreign entity. Similarly, an Australian company can be foreign controlled even if its direct holding company is an Australian resident company." Income Tax Thin Capitalisation Transitional Provision Application Indicator An indicator to determine if the reporting party has chosen to use the thin capitalisation transitional provision for their calculations. The thin capitalisation transitional provision allows you to undertake calculations for thin capitalisation purposes using Australian generally accepted accounting purposes (AGAAP). Income Tax Total Income Tax Relating To Components Of Other Comprehensive Income Amount For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference Income Tax Worldwide Capital Amount Worldwide capital amount is one of the amounts available to an Australian reporting party that is not foreign controlled to establish its minimum capital amount. Income Tax Worldwide Debt Amount Worldwide debt is the total debt owed by an Australian reporting party and its controlled foreign entities, excluding debt owed to each other. This amount is used to calculate the worldwide gearing debt amount. Income Tax Worldwide Equity Amount Worldwide equity is the total equity capital of an Australian reporting party and its controlled foreign entities (excluding equity invested in each other). This amount is used to calculate the worldwide gearing debt amount. Income Tax Worldwide Gearing Debt Amount Worldwide gearing debt is one of the amounts available to an Australian entity that is not foreign controlled to establish its maximum allowable debt. Income Tax Worldwide Group Capital Ratio Number Worldwide group capital ratio is used in the calculation of the Worldwide Capital Amount. A worldwide group is an Australian entity and its controlled foreign entities. Income Tax Zero Capital Average Amount Zero capital amount is a term used in the total debt amount calculation for financial entities to describe specific amounts that can be wholly funded by debt.