Glossary
Acronyms
- ATAD: Anti-tax Avoidance Directive
- BEPS: Base Erosion and Profit Shifting
- CBI: Citizenship By Investment
- CFC: Controlled Foreign Corporation
- CGT: Capital Gains Tax
- CIT: Corporate Income Tax
- CMC: Central Management and Control
- DTA: Double Taxation Agreement
- DTT: Double Taxation Treaty
- EE: Employee
- EI: Employment Insurance
- EM: Emerging Market
- EMI: Electronic Money Institution
- ER: Employer
- FMV: Fair Market Value
- FX: Foreign Exchange
- FY: Fiscal Year
- HNWI: High-net-worth Individual
- IP: Intellectual Property
- NMW: National Minimum Wage
- PIT: Personal Income Tax
- POEM: Place of Effective Management
- PR: Permanent Residency
- RA: Revenue Agency
- RS: Revenue Service
- SMB: Small and Medium-sized Business
- SME: Small and Medium-sized Enterprise
- SSC: Social Security Contributions
- TIEA: Tax Information Exchange Agreement
- TIN: Tax Identification Number
- TR: Tax Residency
- TRC: Tax Registration Certificate
- WHT: Withholding tax
- WTH: Withholding (i.e. WTH tax)
Countries and currencies
Hint: country code is usually the same as its domain extension (TLD).
- AL: Albania - ALL (lek)
- BG: Bulgaria - BGN (lev)
- CY: Cyprus - EUR
- GE: Georgia - GEL (lari)
- GR: Greece - EUR
- HU: Hungary - HUF (forint)
- IT: Italy - EUR
- MY: Malaysia - MYR (ringgit)
- PH: Philippines - PHP (peso)
- PL: Poland - PLN (zloty)
- PT: Portugal - EUR
- RO: Romania - RON (leu)
- SI: Slovenia - EUR
Tax agencies
- IRS: Internal Revenue Service (US)
- CRA: Canada Revenue Agency (CA)
- ATO: Australian Taxation Office (AU)
- IRD: Inland Revenue Department (NZ)
- HMRC: Her Majesty's Revenue and Customs (UK)
Information Exchange
- CRS: Common Reporting Standard (EU, UK, CA, AU, etc.)
- FATCA: Foreign Account Tax Compliance Act (US)
- FBAR: Foreign Bank & Financial Accounts (US)
Abbreviations
- contrib: contribution
- div: dividend
- e.g.: for example (exempli gratia)
- ex: example
- i.e.: that is (id est)
- ins: insurance
- int: interest
- mo: month
- roy: royalty
- sec: security
- y: year