ACronymns and abbreviations

ABN    Australian Business Number

ACMA    Australian Communications and Media Authority

ATO    Australian Taxation Office

EM    Explanatory Memorandum

GST    Goods and Services Tax

IFPC    independent film production consultant

ITAA    Income Tax Assessment Act 1997

the Department    Department of Communications and the Arts

PDV    post, digital and visual effects (production)

POCU    Producer Offset and Co-production Unit (of Screen Australia)

QAPE    qualifying Australian production expenditure

Rules    Producer Offset Rules 2007

SAC    significant Australian content

SPV    special purpose vehicle

NB:  All expenditure is in Australian dollars.