30 Sep 11 Consultation on the new International Dealings Schedule
The NTLG International sub-committee has formed an "International Dealings Schedule Co-Design Working Group". This group will be focussed on seeking feedback on the proposed International Dealings Schedule (IDS) which is being rolled out to a number of taxpayers. This follows the new IDS which applies to the financial services sector (see the ATO website for more information). We are seeking a representative who has a deep knowledge of the existing thin capitalisation and Schedule 25A reporting requirements, and can comprehensively and objectively consult on how the new schedule will impact taxpayers and their advisers. If you would like to nominate to be The Tax Institute’s representative on this ATO forum, please contact us at TaxPolicy.