Foreign location code 1 Foreign location code 2 Foreign location code 3 Foreign locations code 1 - Inform the relevant field with the appropriate foreign location code. Foreign Location Codes are listed in ISO3166 and ABS 1269.0 SACC and are searchable on the ATO website. Foreign locations code 2 - Inform the relevant field with the appropriate foreign location code. Foreign Location Codes are listed in ISO3166 and ABS 1269.0 SACC and are searchable on the ATO website. Foreign locations code 3 - Inform the relevant field with the appropriate foreign location code. Foreign Location Codes are listed in ISO3166 and ABS 1269.0 SACC and are searchable on the ATO website. Name of entity Organisational name type code Name of business Name of entity - Inform the relevant field with the organisation's name. If your business or trading name has changed since last year, or this is your first schedule 25A return, print the details here. ATO Industry codes ATO ANZSIC codes - Inform the relevant field with the appropriate ANZSIC code. The industry codes to be used in this question are those listed in the Business industry codes (NAT 1827) for the appropriate year, which is available on the ATO website. This is an alphanumeric system and has a hierarchical structure. The industry description and code should relate to the activity from which the business derived the highest gross income or incurred the smallest loss. Business Australian Business Number Australian Business Number - Inform the relevant field with the current Australian Business Number. The Australian Business Number reported must belong to the payer named in this schedule Sales of Royalties amount Royalties, rent and intangible property - Royalties sales/revenue amount - Inform the relevant field with the amount of gross sales or revenue from royalties derived from international related parties. Royalties are defined in subsection 6(1) of the Income Tax Assessment Act 1936 (ITAA 1936). Item sequence number - principal foreign location 1 Item sequence number - principal foreign location 2 Item sequence number - principal foreign locations 3 Item sequence number - Acquisitions and Disposals Pricing Method 1 Item sequence number - Acquisitions and Disposals Pricing Method 2 Item sequence number - Acquisitions and Disposals Pricing Method 3 Item sequence number - Acquisitions and Disposals Pricing Method 4 Purchases of Tangible property Stock in trade and raw materials amount Tangible property - Stock in trade/raw materials purchases/expenditure amount - For tangible property, inform the relevant field with the amount of gross purchases or expenditure for trading stock and raw materials from international related party dealings. Sales of tangible property stock in trade and raw materials amount Tangible property - Stock in trade/raw materials sales/revenue amount - For tangible property elements, inform the relevant field with the amounts of gross sales or revenue from stock in trade and raw materials transactions from international related party dealings. Purchases of all other tangible property amount Tangible property - All other tangible property purchases/expenditure amount - Inform the relevant field with the amount of the gross purchases or expenditure for all other tangible property other than: - trading stock and raw materials - services - other. Include acquisitions of ordinary shares or preference shares between international related parties at all other tangible property. Inform the field with the gross acquisition costs. Sales of all other tangible property amount Tangible property - All other tangible property sales/revenue amount - Inform the relevant field with the amount of the gross sales or revenue for all other tangible property other than: - trading stock and raw materials - services - other. Include disposals of ordinary shares or preference shares between international related parties at all other tangible property. Inform the field of the gross receipts on disposal. Purchases of Royalties amount Royalties, rent and intangible property - Royalties purchases/expenditure amount - Inform the relevant field with the amount of the gross purchases or expenditure on royalties paid or payable to international related parties. Royalties are defined in subsection 6(1) of the Income Tax Assessment Act 1936 (ITAA 1936). Purchases of Rents other than royalties amount Royalties, rent and intangible property - Rents other than royalties purchases/expenditure amount - Inform the relevant field with the amount of the gross expenditure for the use of, or the right to use, properly, both tangible and intangible, not included as royalties. Inform the field with the gross rent between international related parties. Sales of Rents other than royalties amount Royalties, rent and intangible property - Rents other than royalties sales/revenue amount - Inform the relevant field with the amount of the gross revenue for the use of, or the right to use, property, both tangible and intangible not included as royalties. Inform the field with gross rent between international related parties. Purchases of all other intangible property amount Royalties, rent and intangible property - all other intangible property purchases/expenditure amount - Inform the relevant field with the amount of the gross purchases or expenditure for all other intangible property - not in the nature of royalties or rent. Sales of all other intangible property amount Royalties, rent and intangible property - all other intangible property sales/revenue amount - Inform the relevant field with the amount of the gross sales or revenue for all other intangible property - not in the nature of royalties or rent. Services - Management, fin, admin, markg, train'g purchases/expenditure amount Services - Management, fin, admin, markg, train'g purchases/expenditure amount - Inform the relevant field with the amount of the gross purchases or expenditure relating to management, financial, administrative, marketing and training services between international related parties. An inclusive definition of 'services' is described in section 136AA(1) of the Income Tax Assessment Act 1936. Services - Management, fin, admin, markg, train'g etc sales/revenue amount Services - Management, fin, admin, markg, train'g etc sales/revenue amount - Inform the relevant field with the amount of the gross sales or revenue relating to management, financial, administrative, marketing and training services between international related parties. An inclusive definition of 'services' is provided at section 136AA(1) of the Income Tax Assessment Act 1936, see the ATO website. Services - Technical, construction purchases/expenditure amount Services - Technical, construction purchases/expenditure amount - Inform the relevant field with the amount of the gross purchases or expenditure relating to technical and construction services between international related parties. An inclusive definition of 'services' is provided at section 136AA(1) of the Income Tax Assessment Act 1936, see the ATO website. Expenditure on other services amount Services - Other purchases/expenditure amount - Inform the relevant field with the amount of gross purchases or expenditure relating to other services between international related parties that are NOT related to management, financial, administrative, marketing, training, technical, construction, research and development. An inclusive definition of 'services' is provided at section 136AA(1) of the Income Tax Assessment Act 1936, see the ATO website. Revenue from other services amount Services - Other sales/revenue amount - Inform the relevant field with the amount of gross sales or revenue relating to other services between international related parties that are NOT related to management, financial, administrative, marketing, training, technical, construction, research and development. An inclusive definition of 'services' is provided at section 136AA(1) of the Income Tax Assessment Act 1936, see the ATO website. Expenditure on Interest Discounts amount Other - Interest, discounts purchases/expenditure amount - Inform the relevant field with the amount of gross expenditure relating to interest or discounts from international related party financial dealings. Revenue from Interest Discounts amount Other - Interest, discounts sales/revenue amount - Inform the field of the gross revenue relating to interest or discounts from international related party financial dealings. Expenditure on insurance amount Other - Insurance purchases/expenditure amount - Inform the field of the gross expenditure relating to insurance, such as premiums from international related party dealings. Revenue from insurance amount Other - Insurance sales/revenue amount - Inform the field of the gross revenue relating to insurance dealings from international related party dealings, including settlements. Opening balance of interest bearing amount borrowed Closing balance of interest bearing amount borrowed Loans interest bearing - amounts borrowed - opening balance - Inform the field of the total of opening balances on gross amounts borrowed or advances received from an international related party or parties for which an interest component is being charged. The terms 'loans' and 'advances' are intended to be applied broadly. All the opening balances from all borrowed amount or received advances to be shown here. Loans interest bearing - amounts borrowed - closing balance - Inform the field of the total of closing balances on gross amounts borrowed or advances received from an international related party or parties for which an interest component is being charged. The terms 'loans' and 'advances' are intended to be applied broadly. All the closing balances from all the borrowed amount or received advances to be shown here. Opening balance of interest free amount borrowed Closing balance of interest free amount borrowed Loans interest free - amounts borrowed - opening balance - Inform the field of the total of opening balances on gross amounts borrowed or advances received from an international related party or parties for which no interest component is being charged. The terms 'loans' and 'advances' are intended to be applied broadly, and to include quasi-equity loans in which no amount of interest was paid or accrued during the year. The terms are not intended to include trade debtors and creditors who fall within ordinary commercial dealings. However, where trade debtors or creditors that are international related parties are allowed or give terms significantly more generous than those allowed to, or given by, comparable arm's length parties, those terms may constitute interest-free loans or advances. In completing this item, have regard to the terms of trade that are arm's length in your own particular circumstances. Where you have borrowed amounts or received advances from an international related party or parties, add all the opening balances for these loans and advances and enter the total. Loans interest free - amounts borrowed - closing balance - Inform the field of the total of closing balances on gross amounts borrowed or advances received from an international related party or parties for which no interest component is being charged. The terms 'loans' and 'advances' are intended to be applied broadly, and to include quasi-equity loans in which no amount of interest was paid or accrued during the year. The terms are not intended to include trade debtors and creditors who fall within ordinary commercial dealings. However, where trade debtors or creditors that are international related parties are allowed or give terms significantly more generous than those allowed to, or given by, comparable arm's length parties, those terms may constitute interest-free loans or advances. In completing this item, have regard to the terms of trade that are arm's length in your own particular circumstances. Where you have borrowed amounts or received advances from an international related party or parties, add all the closing balances for these loans and advances and enter the total. Related party dealings amount from each industry excluding loans Related Party dealings, excluding loans from each industry amount - Inform the relevant field with the amount for each of the activities with international related parties for each of the industry codes. Complete Overseas Transactions Information if you answered yes to any of the following: - Was the aggregate amount of the transactions or dealings with international related parties (including the value of property transferred or the balance outstanding on any loans) greater than $1 million? on the Company tax return for the year; - Was the aggregate amount of your transactions or dealings with international related parties (including the value of any property/service transferred or the balance of any loans) greater than $1 million? on the Partnership tax return for the year; - Was the aggregate amount of your transactions or dealings with international related parties (including the value of any property/service transferred or the balance of any loans) greater than $1 million? on the Trust tax return for the year; - Was the aggregate amount of the transactions or dealings with international related parties (including the value of property transferred or the balance outstanding on any loans) greater than $1 million? on the Fund income tax return for the year. See the Tax Office website for issued public rulings setting out policies regarding taxation aspects of related-party international dealings. Revenue from technical and construction services amount Services - Technical, construction sales/revenue amount - Inform the relevant field with the amount of the gross sales or revenue relating to technical and construction services between international related parties. An inclusive definition of 'services' is provided at section 136AA(1) of the Income Tax Assessment Act 1936, see the ATO website. Expenditure on Research and Development services amount Services - Research and development purchases/expenditure amount - Inform the relevant field with the amount of the gross purchases or expenditure relating to research and development services between international related parties. An inclusive definition of 'services' is provided at section 136AA(1) of the Income Tax Assessment Act 1936, see the ATO website. Expenditure on all other payments expenses sales and revenue amount Other - All other payments, expenses, sales & revenue - purchases/expenditure amount - Inform the field of the expenditure from all other dealings or transactions not specifically included at other labels including any transactions between international related parties involving derivative instruments and any financial transactions other than loans. A derivative instrument is a contractual right that derives its value from the value of something else, such as a debt security, equity, commodity, or a specific index. The most common derivative instruments are forwards, futures, options and notional principal contracts such as swaps, caps, floors, collars and credit derivatives. Unlike traditional debt and equity securities, these instruments do not involve a return on an initial investment. For many derivative instruments such as notional principal contracts (for example, interest rate swaps), only net cash outgoings should be recorded. Do not record any gross cash flows or any notional principal amounts associated with such transactions. If only one party to the derivative instrument transaction has made a payment, record the gross amount here if it is an outgoing. A financial transaction other than a loan is any other form of financial transaction that is not a derivative instrument or an amount to be recorded elsewhere in interest, discounts, insurance, interest-bearing and interest-free loans and that is of a revenue (non-capital) nature, should be recorded at this item. For example, payments in respect of guarantee arrangements, lease arrangements, repurchase agreements, securities lending arrangements, etc. Revenue from all other payments expenses sales and revenue amount Other - All other payments, expenses, sales & revenue - sales/revenue amount - Inform the field of the revenue from all other dealings or transactions not specifically included at other labels including any transactions between international related parties involving derivative instruments and any financial transactions other than loans. A derivative instrument is a contractual right that derives its value from the value of something else, such as a debt security, equity, commodity, or a specific index. The most common derivative instruments are forwards, futures, options and notional principal contracts such as swaps, caps, floors, collars and credit derivatives. Unlike traditional debt and equity securities, these instruments do not involve a return on an initial investment. For many derivative instruments such as notional principal contracts (for example, interest rate swaps), only net cash outgoings should be recorded. Do not record any gross cash flows or any notional principal amounts associated with such transactions. If only one party to the derivative instrument transaction has made a payment, record the gross amount here if it is a receipt. A financial transaction other than a loan is any other form of financial transaction that is not a derivative instrument or an amount to be recorded elsewhere in interest, discounts, insurance, interest-bearing and interest-free loans and that is of a revenue (non-capital) nature, should be recorded at this item. For example, receipts in respect of guarantee arrangements, lease arrangements, repurchase agreements, securities lending arrangements, etc. Opening balance of interest bearing amount loaned Closing balance of interest bearing amount loaned Loans interest bearing - amounts loaned - opening balance - Inform the field of the total of opening balances on gross amounts loaned or advanced to an international related party or parties for which an interest component is being charged. The loans and advances to be shown here include all amounts borrowed between a taxpayer and the related parties. Loans interest bearing - amounts loaned - closing balance - Inform the field of the total of closing balances on gross amounts loaned or advanced to an international related party or parties for which an interest component is being charged. The terms 'loans' and 'advances' are intended to be applied broadly. All the closing balances from all the loans or advanced amounts to be shown here. Opening balance of interest free amount loaned Closing balance interest free amount loaned Loans interest free - amounts loaned - opening balance - Inform the field of the total of opening balances on gross amounts loaned or advanced to an international related party or parties for which no interest component is being charged. The terms 'loans' and 'advances' are intended to be applied broadly, and to include quasi-equity loans in which no amount of interest was paid or accrued during the year. The terms are not intended to include trade debtors and creditors who fall within ordinary commercial dealings. However, where trade debtors or creditors that are international related parties are allowed or give terms significantly more generous than those allowed to, or given by, comparable arm's length parties, those terms may constitute interest-free loans or advances. In completing this item, have regard to the terms of trade that are arm's length in your own particular circumstances. Where you have loaned or advanced amounts to an international related party or parties, add all the opening balances for these loans and advances and enter the total. Loans interest free - amounts loaned - closing balance - Inform the field of the total of closing balances on gross amounts loaned or advanced to an international related party or parties for which no interest component is being charged. The terms 'loans' and 'advances' are intended to be applied broadly, and to include quasi-equity loans in which no amount of interest was paid or accrued during the year. The terms are not intended to include trade debtors and creditors who fall within ordinary commercial dealings. However, where trade debtors or creditors that are international related parties are allowed or give terms significantly more generous than those allowed to, or given by, comparable arm's length parties, those terms may constitute interest-free loans or advances. In completing this item, have regard to the terms of trade that are arm's length in your own particular circumstances. Where you have loaned or advanced amounts to an international related party or parties, add all the closing balances for these loans and advances and enter the total. Indicate if the entity has received from or provided to an international related party any non-monetary consideration Has the entity received from or provided to an international related party any non-monetary consideration? - Inform the relevant field with the appropriate code(Yes/ No, True/False) to answer the question. These dealings may include the performance of services, transferring property (tangible or intangible), processes, rights or obligations during the income year. The nature of the dealing in which the non-monetary consideration is provided may be a barter, swap, bonus or discount, or any type of similar agreement. Non-monetary consideration will generally include any consideration other than: - monetary payment - payment by cheque - telegraphic and bank-to-bank transfer of funds - inter-company loan account charges. In particular, debt-for-equity swaps and non-monetary settlements of inter-company loan accounts will be taken to be non-monetary consideration. Indicate if the entity has provided to an international related party any services transfer of property processes rights or obligations for which the consideration was nil Has the entity provided to an international related party any services, transfer of property (tangible or intangible), processes, rights or obligations for which the consideration was nil during the income year? - Inform the relevant field with the appropriate code to answer the question. A 'Y' answer would also be required where an Australian company owned a trademark that it allowed an international related party to use without payment. A permanent establishment should be regarded as a separate, but related, party to that of the head office for the purposes of this item. Where there is no charge or adjustment allocating income or expenditure between the parties for a provision of services, transfer of property, or other transactions listed on Schedule 25A by: - the head office to the permanent establishment, or - the permanent establishment to the head office or another related international party, this will be regarded as being for nil consideration. Where you have disclosed an outbound interest-free loan at amounts loaned on Schedule 25A, the answer 'Y' is not required. The approximate percentage of total dollar value of international related party dealing involving steps 1 and 2 of Taxation Ruling TR 98/11 The approximate percentage of the total dollar value of related party international dealings involving steps 1 and 2 of Taxation Ruling TR 98/11. - Inform the relevant field with the appropriate code. 1 = 0% , 2 = 1% to less than 25%, 3 = 25% to less than 50%, 4 = 50% to less than 75%, 5 = 75% to less than 100%, 6 = 100% Use one of the numeric codes to state the percentage of the total dollar value of related-party international dealings: - Tangible property, - Royalties, rent and intangible property, - Services and - Other only; for which you have written documentation supporting your processes in steps 1 and 2 (characterisation and selection) of chapter 5 of Taxation Ruling TR 98/11 - see the ATO website. Note that the calculations need only be sufficient to allow the percentage range to be estimated or determined. However, this estimating process must be based on rational and objective premises. A statistical sample may be an appropriate method of calculating the relevant percentage, provided the sample selection and mathematical considerations are consistent with generally accepted statistical methods. Keep your working papers if you have used a sampling process to make this estimate. The approximate percentage of the total dollar value of international related party dealings involving step 3 of Taxation Ruling TR 98/11 The approximate percentage of the total dollar value of related party international dealings involving step 3 of Taxation Ruling TR 98/11 - Inform the relevant field with the appropriate code. 1 = 0% , 2 = 1% to less than 25%, 3 = 25% to less than 50%, 4 = 50% to less than 75%, 5 = 75% to less than 100%, 6 = 100% Use one of the codes shown in item - Step 1 and step 2 of Taxation Ruling TR 98/11 - to state the percentage of the total dollar value of related-party international dealings identified in: - Tangible property, - Royalties, rent and intangible property, - Services and - Other only. You should have written documentation supporting your processes in step 3 of chapter 5 of Taxation Ruling TR 98/11 - see ATO website. You need only estimate the percentage, provided the estimate is objectively and rationally determined. Use, for example, a sampling technique based on accepted statistical methods. Keep your working papers that relate to this item. The approximate percentages of total dollar value of expenses incurred and revenue derived for each of the pricing method codes applied Approximate percentages of total dollar value of expenses incurred and revenue derived for each of the Pricing method codes applied - Inform the relevant field with the appropriate code. 1 = 0% , 2 = 1% to less than 25%, 3 = 25% to less than 50%, 4 = 50% to less than 75%, 5 = 75% to less than 100%, 6 = 100% Indicate, against each method identified, the total dollar value of related-party dealings to which you applied that method. Express them as a percentage of the sum of all the related-party dealings for which you used methods to establish arm's length pricing - see the ATO website. The total dollar value of related-party dealings is the sum total of such dealings, both income derived and expenses incurred. Do not offset these amounts against each other. The percentage required is an approximate percentage, and an estimate is acceptable provided it is based on objective premises. A statistical sampling is an acceptable method, provided the method follows accepted statistical practice. Keep any working papers relating to this process. Indicate if the entity had any related party international dealings of a non-revenue or capital nature Did the entity have any related party international dealings of a non-revenue (capital) nature in which it acquired an interest in an asset or a CGT event occurred (including disposal)? - Inform the relevant field with the appropriate code to answer the question. This question requires a yes or no answer. You should answer yes if you have acquired an interest in an asset as a result of dealings of a non-revenue (capital) nature with international related parties, or if you have had dealings with an international related party that would be classified as a CGT event in terms of Part 3-1 of the Income Tax Assessment Act 1997. The words 'acquired', 'CGT event', 'disposal' and 'asset' are used in this item within the context of Part 3-1 of the Income Tax Assessment Act 1997. The question does not refer to trading stock held in the ordinary course of business. The principle method codes used for pricing acquisitions and disposals Principal methods code used for pricing acquisitions and disposals - Inform the relevant field with the appropriate code. 1 = Nil consideration, 2 = Cost price, 3 = Written-down value, 4 = Discounted cash flow, 5 = Director's valuation, 6 = Independent valuation, 7 = Quoted market price, 8 = Other methods Where you have acquired capital assets from, or have disposed of capital assets to international related parties, use the codes to indicate the four principal methods you used for pricing those acquisitions or disposals. Use the codes to list the four principal methods used for pricing acquisitions and disposals you used, in descending order of total dollar value, starting at the left hand side. If you used fewer than four methods leave the remaining spaces blank. Cost price refers to the price the seller originally paid for the asset, including ancillary costs such as freight or handling. Written-down value refers to a pricing method based on either the taxation 'adjustable value' or accounting residual value after depreciation has been allowed. Discounted cash flow is a pricing method where the price of an asset is based on the discounted cash flow at the time of acquisition or disposal. Director's valuation refers to a pricing method that is based on the directors' opinion of an asset's value, and not on any of the methods listed in codes 1 to 8. Independent valuation is a pricing method by which a suitably qualified person, acting at arm's length to both the buyer and seller, assesses the value of an asset. Quoted market price refers to a price quoted on a public listed market, such as a public stock exchange, or commodities market. Other methods means any other pricing method that is not mentioned here. The percentage code relating to related party international dealings of a non-revenue or capital nature The percentage code relating to related party international dealings of a non-revenue (capital) nature - Inform the relevant field with the appropriate code. 1 = 0% , 2 = 1% to less than 25%, 3 = 25% to less than 50%, 4 = 50% to less than 75%, 5 = 75% to less than 100%, 6 = 100% Identify the percentage of your related-party international dealings that are capital in nature. Use the codes listed to indicate the total dollar value of the related party international dealings of a non-revenue (capital) nature as a percentage of total dollar value of related party international dealings of a revenue and non-revenue (capital and non-capital) nature referred to in elements: - Tangible property, - Royalties, rent and intangible property, - Services and - Other only. Indicate if a non-resident participated directly or indirectly in the entity capital management or control Did a non-resident participate directly or indirectly in your capital, management or control during the income year? - Inform the relevant field with the appropriate code to answer the question. Advise whether any non-resident has participated in the capital, management or control of the company in this year. 'Participating in the capital' means having an equity interest of 10% or greater in the company. You are required to respond with yes or no. The number of international related parties with which the entity had dealings during the year The number of international related parties with which the entity had dealings during the year - Inform the relevant field with the number of international related parties with which you had dealings during the year. 'International related parties' are parties (including subsidiaries and permanent establishments) whose international dealings can be subject to Division 13 of the Income Tax Assessment Act 1936. The number of listed country controlled foreign companies and controlled foreign trusts in which the entity had either a direct or indirect interest at the start of the accounting period The number of listed country controlled foreign companies and controlled foreign trusts in which the entity had either a direct or indirect interest at the end of accounting period The number of Section 404 country controlled foreign companies and controlled foreign trusts in which the entity had either a direct or indirect interest at the start of accounting period The number of Section 404 country controlled foreign companies and controlled foreign trusts in which the entity had either a direct or indirect interest at the end of accounting period The number of Unlisted country controlled foreign companies and controlled foreign trusts in which the entity had either a direct or indirect interest at the start of accounting period The number of Unlisted country controlled foreign companies and controlled foreign trusts in which the entity had either a direct or indirect interest at the end of accounting period Number of controlled foreign companies and controlled foreign trusts in which you had either a direct or indirect interest - Listed country - Start - Determine whether the controlled foreign companies and controlled foreign trusts are residents of listed countries, section 404 countries or unlisted countries. Inform the field of the total number of listed country controlled foreign companies and controlled foreign trusts at the start of the entity's accounting period. If the number of controlled foreign companies and controlled foreign trusts is less than 10, show 0 (zero) as the first digit. If the number of controlled foreign companies and controlled foreign trusts is more than 99, show 99. If the number of controlled foreign companies and controlled foreign trusts is zero, leave blank. Listed countries are listed in Part 2 of Schedule 10 of the Income Tax Regulations, see the ATO website for the relevant detail. Number of controlled foreign companies and controlled foreign trusts in which you had either a direct or indirect interest - Listed country - End - Determine whether the controlled foreign companies and controlled foreign trusts are residents of listed countries, section 404 countries or unlisted countries. Inform the relevant field of the total number of listed country controlled foreign companies and controlled foreign trusts at the end of the entity's accounting period. If the number of controlled foreign companies and controlled foreign trusts is less than 10, show 0 (zero) as the first digit. If the number of controlled foreign companies and controlled foreign trusts is more than 99, show 99. If the number of controlled foreign companies and controlled foreign trusts is zero, leave blank. Listed countries are listed in Part 2 of Schedule 10 of the Income Tax Regulations, see the ATO website for the relevant detail. Number of controlled foreign companies and controlled foreign trusts in which you had either a direct or indirect interest - Section 404 country - Start - Determine whether the controlled foreign companies and controlled foreign trusts are residents of listed countries, section 404 countries or unlisted countries. Inform the relevant field of the total number of section 404 country controlled foreign companies and controlled foreign trusts at the start of the entity's accounting period. If the number of controlled foreign companies and controlled foreign trusts is less than 10, show 0 (zero) as the first digit. If the number of controlled foreign companies and controlled foreign trusts is more than 99, show 99. If the number of controlled foreign companies and controlled foreign trusts is zero, leave blank. Section 404 countries are listed in Part 2 of Schedule 10 of the Income Tax Regulations, see the ATO website for the relevant detail. Number of controlled foreign companies and controlled foreign trusts in which you had either a direct or indirect interest - Section 404 country - End - Determine whether the controlled foreign companies and controlled foreign trusts are residents of listed countries, section 404 countries or unlisted countries. Inform the relevant field of the total number of section 404 country controlled foreign companies and controlled foreign trusts at the end of the entity's accounting period. If the number of controlled foreign companies and controlled foreign trusts is less than 10, show 0 (zero) as the first digit. If the number of controlled foreign companies and controlled foreign trusts is more than 99, show 99. If the number of controlled foreign companies and controlled foreign trusts is zero, leave blank. Section 404 countries are listed in Part 2 of Schedule 10 of the Income Tax Regulations, see the ATO website for the relevant detail. Number of controlled foreign companies and controlled foreign trusts in which you had either a direct or indirect interest - Unlisted country - Start - Determine whether the controlled foreign companies and controlled foreign trusts are residents of listed countries, section 404 countries or unlisted countries. Inform the relevant field of the total number of unlisted country controlled foreign companies and controlled foreign trusts at the start of the entity's accounting period. If the number of controlled foreign companies and controlled foreign trusts is less than 10, show 0 (zero) as the first digit. If the number of controlled foreign companies and controlled foreign trusts is more than 99, show 99. If the number of controlled foreign companies and controlled foreign trusts is zero, leave blank. An unlisted country is a country that is not shown in Schedule 10 of the Income Tax Regulations. An unlisted country in relation to a non-resident trust estate is defined in section 102AAB of the Income Tax Assessment Act 1936, see the ATO website for detail. Number of controlled foreign companies and controlled foreign trusts in which you had either a direct or indirect interest - Unlisted country -End - Determine whether the controlled foreign companies and controlled foreign trusts are residents of listed countries, section 404 countries or unlisted countries. Inform the relevant field of the total number of unlisted country controlled foreign companies and controlled foreign trusts at the end of the entity's accounting period. If the number of controlled foreign companies and controlled foreign trusts is less than 10, show 0 (zero) as the first digit. If the number of controlled foreign companies and controlled foreign trusts is more than 99, show 99. If the number of controlled foreign companies and controlled foreign trusts is zero, leave blank. An unlisted country is a country that is not shown in Schedule 10 of the Income Tax Regulations. An unlisted country in relation to a non-resident trust estate is defined in section 102AAB of the Income Tax Assessment Act 1936, see the ATO website for detail. The amount of attribute income of listed country controlled foreign companies and controlled foreign trusts included in assessble income under Section 456 The amount of attributable income of Section 404 country controlled foreign companies and controlled foreign trusts included in assessable income under Section 456 The amount of attributable income of unlisted country controlled foreign companies and controlled foreign trusts included in assessable income under Section 456 The total amount of attributable income of controlled foreign companies and controlled foreign trusts included in assessable income under Section 456 Amount of attributable income of controlled foreign companies and controlled foreign trusts included in your assessable income under Section 456 of the ITAA - Listed country - Inform the relevant field of the total amount of listed country attributable income of controlled foreign companies (CFC) and controlled foreign trusts (CFT) that is assessable under Section 456 (CFCs attributable income) of the ITAA 1936. Leave the element blank if it does not apply. Amount of attributable income of controlled foreign companies and controlled foreign trusts included in your assessable income under Section 456 of the ITAA - Section 404 country - Inform the relevant field of the total amount of section 404 country attributable income of controlled foreign companies (CFC) and controlled foreign trusts (CFT) that is assessable under Section 456 (CFCs attributable income) of the ITAA 1936. Leave the element blank if it does not apply. Amount of attributable income of controlled foreign companies and controlled foreign trusts included in your assessable income under Section 456 of the ITAA - Unlisted country - Inform the relevant field of the total amount of unlisted country attributable income of controlled foreign companies (CFC) and controlled foreign trusts (CFT) that is assessable under Section 456 (CFCs attributable income) of the ITAA 1936. Leave the element blank if it does not apply. Amount of attributable income of controlled foreign companies and controlled foreign trusts included in your assessable income under Section 456 of the ITAA - Total - Inform the relevant field of the total amount of attributable income of controlled foreign companies (CFC) and controlled foreign trusts (CFT) that is assessable under Section 456 (CFCs attributable income) of the ITAA 1936 for listed, section 404 and unlisted countries. Leave the element blank if it does not apply. The total amount of attributable income of controlled foreign companies and controlled foreign trusts included in assessable income under Section 457 Amount of attributable income of controlled foreign companies and controlled foreign trusts included in your assessable income under Section 457 of the ITAA - Total - Inform the relevant field of the total amount of attributable income of controlled foreign companies (CFC) and controlled foreign trusts (CFT) that is assessable under Section 457 (CFCs change of residence) of the ITAA 1936. Leave the element blank if it does not apply. The total amount of attributable income of controlled foreign companies and controlled foreign trusts included in assessable income under Section 459A Amount of attributable income of controlled foreign companies and controlled foreign trusts included in your assessable income under Section 459A of the ITAA - Total - Inform the relevant field of the total amount of attributable income of controlled foreign companies (CFC) and controlled foreign trusts (CFT) that is assessable under Section 459A (interposed Australian entities) of the ITAA 1936. Leave the element blank if it does not apply. The amount of foreign non-assessable non-exempt income derived by the entity under Section 23AH - Listed country The amount of foreign non-assessable non-exempt income derived by the entity under Section 23AH - Unlisted country and Section 404 country Amount of foreign non-assessable non-exempt income derived by you under Section 23AH of the ITAA 1936 - Listed country - Inform the relevant field of the amount of foreign income that is non-assessable non-exempt income - foreign branch profits of Australian companies under Section 23AH of the Income Tax Assessment Act 1936 for listed countries. Non-assessable non-exempt income is a category of income now recognised by the income tax law. Non-assessable non-exempt income is not taken into account in working out a taxpayer's taxable income for an income year. Also, it is not taken into account in working out a taxpayer's tax loss for an income year or in working out how much of a prior year tax loss is deductible in an income year. Leave the element blank if it does not apply. Amount of foreign non-assessable non-exempt income derived by you under Section 23AH of the ITAA 1936 - Unlisted country and Section 404 country - Inform the relevant field of the amount of foreign income that is non-assessable non-exempt income - foreign branch profits of Australian companies under Section 23AH of the Income Tax Assessment Act 1936 for unlisted and section 404 countries. Non-assessable non-exempt income is a category of income now recognised by the income tax law. Non-assessable non-exempt income is not taken into account in working out a taxpayer's taxable income for an income year. Also, it is not taken into account in working out a taxpayer's tax loss for an income year or in working out how much of a prior year tax loss is deductible in an income year. Leave the element blank if it does not apply. The amount of foreign non-assessable non-exempt income derived by the entity under Section 23AI - Listed country The amount of foreign non-assessable non-exempt income derived by the entity under Section 23AI - Section 404 country The amount of foreign non-assessable non-exempt income derived by the entity under Section 23AI - Unlisted country Amount of foreign non-assessable non-exempt income derived by you under Section 23AI of the ITAA 1936 - Listed country - Inform the relevant field of the amount of foreign income that is non-assessable non-exempt income - amounts paid out of attributed Controlled Foreign Company (CFC) income under Section 23AI of the Income Tax Assessment Act 1936 for listed countries. Non-assessable non-exempt income is a category of income now recognised by the income tax law. Non-assessable non-exempt income is not taken into account in working out a taxpayer's taxable income for an income year. Also, it is not taken into account in working out a taxpayer's tax loss for an income year or in working out how much of a prior year tax loss is deductible in an income year. Leave the element blank if it does not apply. Amount of foreign non-assessable non-exempt income derived by you under Section 23AI of the ITAA 1936 - Section 404 country - Inform the relevant field of the amount of foreign income that is non-assessable non-exempt income - amounts paid out of attributed Controlled Foreign Company (CFC) income under Section 23AI of the Income Tax Assessment Act 1936 for section 404 countries. Non-assessable non-exempt income is a category of income now recognised by the income tax law. Non-assessable non-exempt income is not taken into account in working out a taxpayer's taxable income for an income year. Also, it is not taken into account in working out a taxpayer's tax loss for an income year or in working out how much of a prior year tax loss is deductible in an income year. Leave the element blank if it does not apply. Amount of foreign non-assessable non-exempt income derived by you under Section 23AI of the ITAA 1936 - Unlisted country - Inform the relevant field of the amount of foreign income that is non-assessable non-exempt income - amounts paid out of attributed Controlled Foreign Company (CFC) income under Section 23AI of the Income Tax Assessment Act 1936 for unlisted countries. Non-assessable non-exempt income is a category of income now recognised by the income tax law. Non-assessable non-exempt income is not taken into account in working out a taxpayer's taxable income for an income year. Also, it is not taken into account in working out a taxpayer's tax loss for an income year or in working out how much of a prior year tax loss is deductible in an income year. Leave the element blank if it does not apply. The amount of foreign non-assessable non-exempt income derived by the entity under Section 23AJ - Listed country The amount of foreign non-assessable non-exempt income derived by the entity under Section 23AJ - Section 404 country The amount of foreign non-assessable non-exempt income derived by the entity under Section 23AJ - Unlisted country Amount of foreign non-assessable non-exempt income derived by you under Section 23AJ of the ITAA 1936 - Listed country - Inform the relevant field of the amount of foreign income that is non-assessable non-exempt income - non-portfolio dividend from foreign countries under Section 23AJ of the Income Tax Assessment Act 1936 for listed countries. Non-assessable non-exempt income is a category of income now recognised by the income tax law. Non-assessable non-exempt income is not taken into account in working out a taxpayer's taxable income for an income year. Also, it is not taken into account in working out a taxpayer's tax loss for an income year or in working out how much of a prior year tax loss is deductible in an income year. Leave the element blank if it does not apply. Amount of foreign non-assessable non-exempt income derived by you under Section 23AJ of the ITAA 1936 - Section 404 country - Inform the relevant field of the amount of foreign income that is non-assessable non-exempt income - non-portfolio dividend from foreign countries under Section 23AJ of the Income Tax Assessment Act 1936 for section 404 countries. Non-assessable non-exempt income is a category of income now recognised by the income tax law. Non-assessable non-exempt income is not taken into account in working out a taxpayer's taxable income for an income year. Also, it is not taken into account in working out a taxpayer's tax loss for an income year or in working out how much of a prior year tax loss is deductible in an income year. Leave the element blank if it does not apply. Amount of foreign non-assessable non-exempt income derived by you under Section 23AJ of the ITAA 1936 - Unlisted country - Inform the relevant field of the amount of foreign income that is non-assessable non-exempt income - non-portfolio dividend from foreign countries under Section 23AJ of the Income Tax Assessment Act 1936 for unlisted countries. Non-assessable non-exempt income is a category of income now recognised by the income tax law. Non-assessable non-exempt income is not taken into account in working out a taxpayer's taxable income for an income year. Also, it is not taken into account in working out a taxpayer's tax loss for an income year or in working out how much of a prior year tax loss is deductible in an income year. Leave the element blank if it does not apply. The amount of foreign non-assessable non-exempt income derived by the entity under Section 23AK Amount of foreign non-assessable non-exempt income derived by you under Section 23AK of the ITAA 1936 - Inform the relevant field of the total amount of foreign income that is non-assessable non-exempt income - amounts paid out of attributed foreign investment fund (FIF) income under Section 23AK of the Income Tax Assessment Act 1936. Non-assessable non-exempt income is a category of income now recognised by the income tax law. Non-assessable non-exempt income is not taken into account in working out a taxpayer's taxable income for an income year. Also, it is not taken into account in working out a taxpayer's tax loss for an income year or in working out how much of a prior year tax loss is deductible in an income year. Leave the element blank if it does not apply. The amount of the reduction in capital gains determined in accordance with sub-division 768-G if applicable If applicable, what is the amount of the reduction in capital gains determined in accordance with Sub-division 768-G of the Income Tax Assessment Act 1997 (ITAA 1997)? - Inform the relevant field of the amount of the reduction in capital gains where Sub-division 768-G of the ITAA 1997 applies. If a company held a voting interest of at least 10% in a foreign company and held that interest for a continuous period of at least 12 months in the two years before the specified Capital Gains Tax event it may be entitled to use this measure. The amount of capital losses, as reduced in accordance with sub-divisin 768-G that may be utilised or carried forward if applicable If applicable, what is the amount of capital losses, as reduced in accordance with Sub-division 768-G of the ITAA 1997, that may be utilised or carried forward? - Inform the relevant field of the amount of capital losses, as reduced in accordance with Sub-division 768-G of the ITAA 1997, that may be utilised or carried forward. If a company held a voting interest of at least 10% in a foreign company and held that interest for a continuous period of at least 12 months in the two years before the specified Capital Gains Tax event it may be entitled to use this measure. Indicate if any controlled foreign company or controlled foreign trust of an unlisted country has transferred any asset, or amounts of accumulated profits to a related entity in a listed country Has any controlled foreign company or controlled foreign trust of an unlisted country transferred any asset, or amounts of accumulated profits to a related entity in a listed country? - Inform the relevant field whether or not transfers of accumulated profits were made from any unlisted countries Controlled Foreign Company or controlled Foreign Trust to a related entity in a listed country during the year of income? Transfer includes sale, acquisition, gift, deed of assignment, declaration Indicate if any controlled foreign company or controlled foreign trust of an unlisted country has transferred any asset or amounts of accumulated losses to a related entity in a listed country Has any Controlled Foreign Company or Controlled Foreign Trust of an unlisted country transferred any asset, or amounts of accumulated losses to a related entity in a listed country? - Inform the relevant field whether or not transfers of accumulated losses were made from any unlisted countries Controlled Foreign Company or Controlled Foreign Trust to a related entity in a listed country during the year of income? Transfer includes sale, acquisition, gift, deed of assignment, declaration or trust or otherwise, with or without consideration - monetary or non-monetary. Indicate if any controlled foreign company or controlled foreign trust of an unlised country has transferred any asset or amounts of paid up capital to a related entity in a listed country Has any Controlled Foreign Company or Controlled Foreign Trust of an unlisted country transferred any asset, or amounts of paid up capital to a related entity in a listed country? - Inform the relevant field whether or not transfers of paid up capital were made from any unlisted countries Controlled Foreign Company or Controlled Foreign Trust to a related entity in a listed country during the year of income? Transfer includes sale, acquisition, gift, deed of assignment, declaration or trust or otherwise, with or without consideration - monetary or non-monetary. Indicate if any controlled foreign company or controlled foreign trust of an unlisted country has transferred any asset or amounts of other assets or reserves to a related entity in a listed country Has any Controlled Foreign Company or Controlled Foreign Trust of an unlisted country transferred any asset, or amounts of other assets or reserves, to a related entity in a listed country? - Inform the relevant field whether or not transfers of other assets or reserves were made from any unlisted countries Controlled Foreign Company or Controlled Foreign Trust to a related entity in a listed country during the year of income? Transfer includes sale, acquisition, gift, deed of assignment, declaration or trust or otherwise, with or without consideration - monetary or non-monetary. Indicate if the entity has ever either directly or indirectly caused the transfer of property including money or services to a non-resident trust estate Have you ever, either directly or indirectly, caused the transfer of property, including money or services, to a non-resident trust estate? - Inform the relevant field whether or not a transfer of property or services has ever been made or caused to be made to a non-resident trust estate. The item is not restricted to the income year of this tax return. 'Transfer', 'property' and 'services' are defined in section 102AAB of the Income Tax Assessment Act 1936. Sections 102AAJ and 102AAK of the Income Tax Assessment Act 1936 provide guidance in relation to whether there was a transfer or a deemed transfer of property or services to a non-resident trust estate. Please see the ATO website for detail. Indicate if the entity was a beneficiary of a non-resident trust estate at any time during the income year Were you a beneficiary of a non-resident trust estate at any time during the income year? - Inform the relevant field whether the entity was a beneficiary of a non- resident trust estate at nay time during the year of income. Unless otherwise specified, the terms used in items 14 to 19 have the same meaning as set out in Divisions 6 and 6AAA of ITAA 1936. This item asks whether the entity was a beneficiary of a non-resident trust estate at any time during the year of income. Indicate if the entity has an interest in or an entitlement to acquire an interest in either the income or capital of a non-resident trust estate at any time during the income year Did you have an interest in, or an entitlement to acquire an interest in, either the income or capital of a non-resident trust estate at any time during the income year? - Inform the relevant field whether of not the entity had an interest in a non-resident, or was entitled to acquire an interest in a non-resident trust estate, at any time during the year of income. Unless otherwise specified, the terms used in items 14 to 19 have the same meaning as set out in Divisions 6 and 6AAA of the Income Tax Assessment Act 1936. This item asks whether the entity had an interest in a non-resident trust estate, or was entitled to acquire an interest in a non-resident trust estate, at any time during the income year. 'Entitled to acquire' has the same meaning as set out in section 322 of Part X of the ITAA 1936. Indicate if any of the non-resident trusts was discretionary If the answer is YES to questions 14, 15 or 16, were any of the non-resident trusts discretionary? - Inform the relevant field whether any of the non-resident trust estates for which a yes answer was given at items 14,15 or 16 is a discretionary trust estate. Unless otherwise specified, the terms used in items 14 to 19 have the same meaning as set out in Divisions 6 and 6AAA of Income Tax Assessment Act 1936. A discretionary trust estate is defined in section 102AAB of the Income Tax Assessment Act 1936. If you answered yes at any of the above listed questions , respond as applicable, in this element . If you answered no at all of the above listed questions, leave this element blank. Indicate if the entity was able to either directly or indirectly control or direct a non-resident trust at any time during the income year Were you able to either directly or indirectly control or direct a non-resident trust at any time during the income year? - Inform the relevant field whether the entity was able to control a non-resident trust estate at any time during the income year. Unless otherwise specified, the terms used in items 14 to 19 have the same meaning as set out in Divisions 6 and 6AAA of the Income Tax Assessment Act 1936. Control in relation to a trust estate is defined in section 102AAG of the Income Tax Assessment Act 1936. Answer this element either in the affirmative or the negative. The code of interests held in foreign investment funds or foreign life policies that are exempt Sections of the ITAA 1936 where interests held in Foreign Investment Funds and Foreign Life Policies are exempt - Code - Inform the relevant field the codes relating to the current value, at the end of the notional accounting period of interests held in foreign investment funds or foreign life policies that are exempt under the specified sections of ITAA 1936. 01 = 497 Interests in a foreign company engaged in eligible company activities 02 = 503 Interests in a foreign bank 03 = 504 Interests in a foreign holding company of a foreign bank 04 = 506 Interests in a foreign life insurance company 05 = 507A Interests in a foreign holding company of a foreign life insurance company 06 = 509 Interests in a foreign general insurance company 07 = 509A Interests in a foreign holding company of a foreign general insurance company 08 = 511 Interests in a foreign company engaged in certain activities 09 = 511A Interests in a foreign holding company of a foreign real property company 10 = 513 Interests in certain USA entities 11 = 515 Interests of less than $50,000 12 = 519B Exemption for complying superannuation entities, certain assets of life insurance companies and certain fixed trusts 13 = 521 Interests that are trading stock 14 = 523 Interests in a foreign company principally engaged in several activities 15 = 523A Interests in a foreign holding company of a foreign mixed activity company 16 = 525 Interests not exceeding 10% of the value of all FIF interests 17 = 527 Certain interests of underwriting members of Lloyd's The codes correspond to the various sections of ITAA 1936. Show only principal 10 in descending order of total dollar value. FIF is defined in section 481 of ITAA 1936. FLP is defined in section 482 of ITAA 1936. Interest in a FIF or FLP is defined in section 483 of ITAA 1936. Notional accounting period in respect of a FIF is defined in section 486 of ITAA 1936. Notional accounting period in respect of an FLP is defined in section 487 of ITAA 1936. The amount of interests held in foreign investment fund and foreign life policies that are exempt Amounts at the end of the year of income of interests held in Foreign Investment Funds and Foreign Life Policies, that are exempt under Sections of the ITAA 1936 - Inform the relevant field of the amounts relating to the current value, at the end of the notional accounting period of interests held in foreign investment funds or foreign life policies that are exempt under the specified sections of ITAA 1936. The codes correspond to the various sections of ITAA 1936. Show only principal 10 in descending order of total dollar value. FIF is defined in section 481 of ITAA 1936. FLP is defined in section 482 of ITAA 1936. Interest in a FIF or FLP is defined in section 483 of ITAA 1936. Notional accounting period in respect of a FIF is defined in section 486 of ITAA 1936. Notional accounting period in respect of an FLP is defined in section 487 of ITAA 1936. Pricing method codes used in related party international dealings Pricing method codes used in related party international dealings - Inform the relevant field of the four principal methods in descending order of total dollar value, using the appropriate code. See the ATO website for an explanation of the methods in Taxation Ruling TR 97/20 and Taxation Ruling TR 1999/1. 1 = Comparable uncontrolled price (CUP) method, 2 = Resale price method, 3 = Cost-plus method, 4 = Profit split method, 5 = Transactional net margin method, 6 = Marginal costing, 7 = Cost-contribution arrangement, 8 = Apportionment of costs, 9 = Apportionment of income, 10 = Fixed mark-up applied to cost, 11 = Fixed percentage of resale price, 12 = Other arm's length methods In order to establish appropriate arm's length pricing under a particular method, a sampling of the dealings may be sufficient if carried out according to accepted statistical practice. Note that where total dollar value of related-party dealings is to be calculated, these dealings should not be 'netted off' (other than in the case of certain derivative instruments). That is, do not set off incomings and outgoings against each other to result in a lesser amount. Instead, add the amounts, both income derived and expenses incurred, to obtain the sum total of all such dealings. Reporting Party.Opening [Abstract] ReportingParty [Abstract] ReportingParty.All [Abstract] ReportingParty.Closing [Abstract] ReportingParty.Closing.Listed [Abstract] ReportingParty.Closing.s404 [Abstract] ReportingParty.Closing.Unlisted [Abstract] ReportingParty.Listed [Abstract] ReportingParty.Opening.Listed [Abstract] ReportingParty.Opening.s404 [Abstract] ReportingParty.Opening.Unlisted [Abstract] ReportingParty.s404 [Abstract] ReportingParty.Unlisted [Abstract] ReportingParty.UnlistedAnds404 [Abstract] S25ALodgeRequest [Abstract] AcquisitionsAndDisposalsPricingMethods ArmsLengthPricingMethod ExemptInterestInForeignInvestmentFundsOrForeignLifePolicies ForeignLocations InternationalDealingsBusinessActivity Revenue from Research and Development services amount Services - Research and development sales/revenue amount - Inform the relevant field with the amount of gross sales or revenue relating to research and development services between international related parties.