When you are reading about tax laws, you need to understand what certain words mean. The government has rules called the global anti-base erosion model rules that explain what these words mean. These words are used in the Inland Revenue Acts and have the same meaning as they do in the global anti-base erosion model rules, but with some modifications from section HP 3(2).

You also need to look at some specific parts of the Tax Administration Act 1994, which are sections 78H to 78J and 92BA, to understand what these words mean. The meaning of these words is determined at the start of each fiscal year. This helps you understand how tax laws apply to you.