20 September 2018

Australian Taxation Office expands group of taxpayers required to file Reportable Tax Position Schedule

For income years ending on or after June 30, 2018, the Australian Taxation Office (ATO) has expanded the group of taxpayers required to file the Reportable Tax Position (RTP) Schedule to "include companies in public or international economic groups with a turnover greater than AU$250 million." "Economic group" is an undefined term, which means this test may be open to some interpretation.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2018-1854