Current Postal Address of Trust - Address Line 1: If the address of the trust has not changed, enter the number and street name of the postal address of the trust exactly as it appeared on the last lodged tax return. This is a mandatory field. Current Postal Address of Trust - Address Line 1 Previous Postal Address of Trust - Address Line 1: If the address of the trust has changed, enter the street name and number of the previous postal address of the trust exactly as it appeared on the last lodged tax return. Previous Postal Address of Trust - Address Line 1 Member Residential Address - Address Line 1: Enter line 1 of the individual member's residential address details. Member Residential Address - Address Line 1 Member Business Address - Address Line 1: Enter line 1 of the non-individual member's business address details. Member Business Address - Address Line 1 Current Postal Address of Trust - Address Line 2: Enter line 2 of the trust current postal address details. Current Postal Address of Trust - Address Line 2 Previous Postal Address of Trust - Address Line 2: Enter line 2 of the trust current postal address details. Previous Postal Address of Trust - Address Line 2 Member Residential Address - Address Line 2: Enter line 2 of the individual member's residential address details. Member Residential Address - Address Line 2 Member Business Address - Address Line 2: Enter line 2 of the non-individual member's business address details. Member Business Address - Address Line 2 Current Postal Address of Trust - Suburb/Town: If the address of the trust has not changed, enter the name of the suburb or town of the postal address of the trust exactly as it appeared on the last lodged tax return. This is a mandatory field. Current Postal Address of Trust - Suburb/Town Previous Postal Address of Trust - Suburb/Town: If the address of the trust has changed, enter the suburb or town name of the previous postal address of the trust exactly as it appeared on the last lodged tax return. Previous Postal Address of Trust - Suburb/Town Member Residential Address - City/Town: Enter the name of the city or town of the individual member's residential address. Member Residential Address - City/Town Member Business Address - City/Town: Enter the name of the city or town of the non-individual member's business address. Member Business Address - City/Town Current Postal Address of Trust - Postcode: If the address of the trust has not changed, enter the postcode of the postal address of the trust exactly as it appeared on the last lodged tax return. Current Postal Address of Trust - Postcode Previous Postal Address of Trust - Suburb/Town: If the address of the trust has changed, enter the postcode of the previous postal address of the trust exactly as it appeared on the last lodged tax return. Previous Postal Address of Trust - Postcode Current Postal Address of Trust - State: If the address of the trust has not changed, enter the appropriate code for the State or Territory of the postal address of the trust exactly as it appeared on the last lodged tax return. Current Postal Address of Trust - State Previous Postal Address of Trust - State: If the address of the trust has changed, enter the code for the name of the State or Territory (as per the list of allowable values as listed in the taxonomy) of the previous postal address of the trust exactly as it appeared on the last lodged tax return. Previous Postal Address of Trust - State Trustee Telephone Area Code: Enter the prefix or area code of a daytime contact telephone number of the trustee. Trustee Telephone Area Code Declarer Telephone Area Code: Enter the declarer's telephone area code. This element is used to capture the area code for a fixed line number. This is a mandatory field. Declarer Telephone Area Code Trustee Daytime Telephone Number: Enter the daytime contact telephone number of the trustee. Do not include the prefix or area code of the contact telephone number. This is a mandatory field. Trustee Daytime Telephone Number Declarer Telephone Number: Enter the declarer's telephone number. Enter the telephone number without the service line code, area code or the country code. This is a mandatory field. Declarer Telephone Number Trust current name: Enter the full name by which the trust trades or is recognised under. The trust name should be consistent from year to year, except in the year of a name change. If the trust name is legally changed, advise the Tax Office in writing at the time the change is made. This is a mandatory field. Name of Trust Member Non-Individual Name: If the member is a company, enter the name of the legal entity. Member Non-Individual Name Trustee Non-Individual Name: If the trustee is a company, enter the name of the legal entity. Leave the trustee individual details blank. Trustee Non-Individual Name Trust previous name: If the trust name has changed, enter the previous name exactly as shown on the last tax return lodged. Previous Name of Trust Member Date of Birth: Enter the date of birth of the member. Member Date of Birth Member Family Name: Enter the surname or family name of the member to whom the distribution statement should be sent. Leave the member non-individual name blank. Member Family Name Trustee Family Name: Enter the surname or family name of the trustee. Leave the trustee non-individual name blank. Trustee Family Name Member First Given Name: Enter the first name or given name of the member to whom the distribution statement should be sent. Member First Given Name Trustee First Given Name: Enter the first or given name of the trustee. Trustee First Given Name Member Other Given Names: Enter the other given names of the member to whom the distribution statement should be sent. Member Other Given Names Trustee Other Given Names: Enter the second or subsequent name of the trustee. Trustee Other Given Names Member Title Trustee Title Declarer contact name: Enter the declarer's contact name. This element is used to capture the Title, First name, other name and full name of the declarer. This is a mandatory field. Declarer Contact Name Current Postal Address of Trust - Country Code: The Trust current postal address country code is to be set to any of the allowable codes as listed in the taxonomy. Current Postal Address of Trust - Country Code Previous Postal Address of Trust - Country Code: The Trust previous postal address country code is to be set to any of the allowable codes as listed in the taxonomy. Previous Postal Address of Trust - Country Code Member Residential Address - Country Code: Enter the country code of the individual member's residential address from the allowable codes as listed in the taxonomy. Member Residential Address - Country Code Member Business Address - Country Code: Enter the country code of the non-individual member's business address from the allowable codes as listed in the taxonomy. Member Business Address - Country Code Bank State Branch (BSB) Number: Enter the Bank State Branch (BSB) code. Bank account details now need to be provided anew each year. Complete the BSB, Account number and Account name boxes. This is a mandatory field. Bank State Branch (BSB) Number Account Name: Enter the name of the financial account that the client has elected to receive payments such as refunds or credits. Bank account details now need to be provided anew each year. Complete the Bank State Branch (BSB), Account number and Account name boxes. Enter the account name, as shown on the account records. Do not enter the account type - for example savings, cheque or mortgage offset. Include spaces between each word and between initials in the account name. Joint accounts are acceptable. The account name must not exceed 32 characters. This is a mandatory field. Account Name Account Number: Enter the bank account number. Bank account details now need to be provided anew each year. Complete the Bank State Branch (BSB), Account number and Account name boxes. Do not include spaces in the account number. This is a mandatory field. Account Number Trust Australian Business Number: Enter the Australian Business Number (ABN) of the trust if it is registered in the Australian Business Register. This is a mandatory field. Trust Australian Business Number Trustee Australian Business Number: Enter the Australian Business Number (ABN) of the trustee if it is registered in the Australian Business Register. Trustee Australian Business Number Stapled Entity Australian Business Number: Enter the Australian Business Number (ABN) for each Stapled Entity. Stapled Entity Australian Business Number The agents reference number of the client. This field is used for correspondence or contact by the ATO to the Tax Agent to facilitate the identification of their client. Client's Reference The declarer's Tax Agent Number (TAN). If the TAN consists of only seven digits, it is an old registration and will need to have a '0' (zero) added in front of the first four digits of the TAN. Declarer Tax Agent Number Member Tax File Number: Enter the Tax File Number (TFN) of the member of the trust. Member Tax File Number Description of Main Business or Professional Activity: Describe as accurately as possible the business activity from which the trust derived the most gross income for example, beef cattle breeding, vegetable growing, clothing manufacturing, confectionary wholesaling, domestic appliance retailing, investing in shares and stocks, investing in residential property. Do not use general descriptions such as farming, manufacturing, wholesaling, investing, trust, etc. Description of Main Business or Professional Activity Declaration Signatory Identifier Text: The identifier used can be specified by the ABR credential owner providing it allows identification. Examples of suitable identifiers include a user login, a full name or an E-mail address. This is a mandatory field. Declarer Identifier Year of Return: Enter the financial year or income year which the information provided in the report refers to. This is a mandatory field. Year of Return Is any tax payable by the Trustee? If the trustee is liable to pay any non-resident tax, set the field to '1' (Payment). Otherwise set to '0' (Nil). This is a mandatory field and cannot be left blank. Is any tax payable by the Trustee? Industry Code: Enter the appropriate industry code for the trust's main business. Refer to the taxonomy for the list of allowable codes. Code the business activity as accurately as possible. The industry code is made up of five digits. For example, if the industry is 'dairy cattle farming', the code on the tax return is shown as '01600'. An incorrect code may result in clients not receiving a necessary service or material from the Tax Office, or could lead to incorrect targeting of audits. The industry code provided is also used to publish industry benchmarks in Taxation statistics, available on our website. Industry Code Total of deemed fund payments made to members. This excludes pre-Attribution Managed Investment Trust Member Annual (AMMA) actual and post-AMMA actual payments. Total Deemed Fund Payments Total deemed amount of Attribution Managed Investment Trust (AMIT) dividend, interest or royalty (DIR) payments made to members. This excludes pre-Attribution Managed Investment Trust Member Annual (AMMA) actual and post-AMMA actual payments. Total Deemed Attribution Managed Investment Trust (AMIT) Dividend, Interest or Royalty (DIR) Payments Total Deductions Claimed for Returns Paid: Enter the amount the AMIT claimed as a deduction under section 276-515 of the Income Tax Assessment Act 1997. A debt-like trust instrument in an AMIT is treated as a debt interest in the AMIT. A distribution in relation to the instrument is treated as interest for the purposes of provisions relating to interest withholding tax, and may be treated as a deduction in working out the trust components of the AMIT. These distributions cover an interest in the trust that is not a membership interest, which returns from those interests are not attributed to the members of the trust. Total Deductions Claimed for Returns Paid Has the Trustee made an election into Managed Investment Trust Capital Account Treatment? Total Depreciation Deducted for Income Year Amendment Reason Amendment Sequence Number Amendment Type Code Total Accounting Profit of Attribution Managed Investment Trust (AMIT): The total accounting profit of the Attribution Managed Investment Trust (AMIT) for trust law purposes. It is the total distributable income of the trust being the amount that is legally available for distribution to trust members in the income year. This calculation will depend largely on the terms of the trust and general trust law principles. You will therefore need to carefully consider the trust deed, the trust accounts and relevant resolutions to determine what the trust's distributable income is. If it's a loss or there is no income, the field should be populated with zero. This is a mandatory field. Total Accounting Profit/(Loss) of Attribution Managed Investment Trust (AMIT) Royalty Expenses Overseas: Enter the amount of royalty expenses paid to non-residents during the income year. An amount of tax - withholding tax - is generally withheld from royalties paid or payable to non-residents and from royalties derived by a resident through an overseas branch. This amount must be remitted to the Tax Office. A deduction cannot be claimed unless any withholding tax has been remitted. Ensure an 'International dealings schedule' (IDS) is completed when a value greater than zero is present at label 'Royalty expenses overseas'. Royalty Expenses Overseas If true, please provide the ABN for each stapled entity. Is the Attribution Managed Investment Trust (AMIT) Stapled to another Entity? Did the Attribution Managed Investment Trust (AMIT) rely on the 2% Non Eligible Investment Business (EIB) Safe Harbour in 102MC during the Income year? If the trust has elected to treat separate classes as a separate Attribution Managed Investment Trust (AMIT), enter the number of classes in the trust that are treated as separate AMITs for the income year. This field must contain a number (even if there is only one class). Number of Separate Classes for Trust Have you chosen to treat separate classes in the trust as a separate AMIT?: When response is 'yes', then Number of Separate Classes for Trust must be provided. Have you chosen to treat separate classes in the trust as a separate AMIT? Did the Attribution Managed Investment Trust (AMIT) rely on the Rental Safe Harbour rule in 102MB during the Income year? Total Liabilities: Enter the amount of all the trust's liabilities, including other creditors and deferred liabilities such as loans secured by mortgage and long-term loans. Also include the amount shown at All current liabilities. Total Liabilities Total Assets: Enter the amount of all the trust's assets, including current, fixed, tangible and intangible assets. Also include the amount shown at All current assets. Total Assets Main Category of Eligible Investment Business Total Section 40-880 Deductions: Enter the amount of the total of the trust's deductions allowable under section 40-880. Taxpayer's are provided a five-year write-off for certain business related capital expenditure incurred in relation to a past, present or proposed business. The deduction applies to business-related capital expenditure incurred after 30 June 2005. Generally, the expenditure is only deductible to the extent the business is, was or is proposed to be carried on for a taxable purpose. A deduction cannot be claimed for capital expenditure to the extent that it: - can be deducted under another provision of the income tax laws - forms part of the cost of a depreciating asset the Trust holds, used to hold or will hold - forms part of the cost of land - relates to a lease or other legal or equitable right - would be taken into account in working out an assessable profit or deductible loss - could be taken into account in working out a capital gain or a capital loss from a CGT event - would be specifically not deductible under the income tax laws if the expenditure was not capital expenditure - is specifically not deductible under the income tax laws for a reason other than that the expenditure is capital expenditure - is of a private or domestic nature - is incurred in relation to gaining or producing exempt income or non-assessable non-exempt income - is excluded from the cost or cost base of an asset because, under special rules in the UCA or capital gains tax regimes respectively, the cost or cost base of the asset was taken to be the market value, or - is a return of or on capital (for example, distributions by trustees) or a return of a non-assessable amount (for example, repayments of loan principal). The Trust deducts 20% of the qualifying capital expenditure in the year it is incurred and in each of the following four years. Total Section 40-880 Deductions Total Division 43 Capital Works Deductions (special building write-off) Did you recalculate the effective life for any of your depreciating assets this income year? Have you self-assessed the effective life of any depreciating assets acquired in the income year? Credit for Interest on Early Payments - Amount of Interest: Enter the calculated interest amount of 50 cents or more for early payment. Do not show actual payments. Early payment interest is payable only where the tax is actually paid more than 14 days before the due date for payment. Amounts which may attract early payment interest include payments of: - income tax (including Medicare levy) - a penalty on the shortfall of income tax relating to an amended assessment for income years up to and including 1999-2000 - an interest charge for lodging a late income tax return for income years up to and including 1999-2000 - an interest on the shortfall of income tax relating to an amended assessment for income years up to and including 1999-2000 - a shortfall interest charge. Credit for Interest on Early Payments - Amount of Interest Interest Expenses Overseas: Enter the amount of interest paid on money borrowed from overseas sources. Ensure an 'International dealings schedule' (IDS) is completed when a value greater than zero is present at label 'Interest expenses overseas'. Interest Expenses Overseas Hours taken to prepare and complete this form: Enter the hours taken to prepare and complete this form. When completing this question consider the time, rounded up to the nearest hour, that the business spent: - reading the instructions - collecting the necessary information to complete this return - making any necessary calculations - actually completing the return. Hours taken to prepare and complete this form Declarer contact position: Enter the declarer's contact position. Declarer Position held of person making the declaration Additional Information: A 3000-character free-text field to provide additional schedule related information that can't be provided on any other schedule Additional Information Ability or expectation to control transactions with specified countries: For a list of specified countries, refer to the return instructions for the income year, available on the ATO website at https://www.ato.gov.au. This is a mandatory field. Trustee has the ability or expectation to control, whether directly or indirectly, the disposition of any funds, property, assets or investments located in, or located elsewhere but controlled or managed from any of the specified countries Transactions with specified countries: For a list of specified countries, refer to the return instructions for the income year, available on the ATO website at https://www.ato.gov.au. This is a mandatory field. Funds or property, whether directly or indirectly, have been sent to, or received from, any of the specified countries If you answered TRUE ('Yes') for the question relating to the thin capitalisation provisions, complete and attach an International dealings schedule for the relevant year. This is a mandatory field. Did the Thin Capitalisation provisions affect you? All Current Assets: Enter the amount of all current assets of the trust including, cash on hand, accounts receivable, short-term bills receivable, inventories and cash at bank. Also include the amount shown at Trade debtors. All Current Assets All Current Liabilities: Enter the amount of the total obligations payable by the partnership or trust within the coming year. Also include the amount shown at Trade creditors. All Current Liabilities Valid values are: 138 = Inter Vivos - non-resident - not under legal disability. 139 = Inter Vivos - non-resident - a company. 140 = Inter Vivos - non-resident - a trustee. Assessment Calculation Code of Member If true, please provide the amount at Total Payments Received from Related Entities during the Income Year. Did the Attribution Managed Investment Trust (AMIT) receive Payments from Related Entities during the Income Year? Have you transferred assets between classes during this income year? Declaration Statement Accepted Indicator: The declaration statement accepted indicator must be set to TRUE ('Yes') if the statement is accepted, and set to FALSE ('No') if the statement is not accepted. This is a mandatory field. Declarer Signature Indicator Final Tax Return: Set the field to TRUE ('Yes') to indicate if this return is the final return. Attach a statement headed "Final attribution managed investment trust tax return" to the Trust Return for Attribution Managed Investments showing the reason further tax returns will not be lodged, and the manner of disposal of any assets of the trust if not disclosed elsewhere on that tax return. If this is not the final tax return, set the field to FALSE ('No'). This is a mandatory field. Final Tax Return Amendment Indicator Taxable Determined Member Component: Enter the amount of taxable member component attributed by the trust to a non-resident individual or company and attributable to a period when the member was an Australian resident or is attributable to a period when the member was not an Australian resident, or non-resident trustee and is attributable to sources in Australia, or to the extent that the component is attributable to sources in Australia, in respect of which the trustee is to be assessed and is liable to pay tax. Taxable Determined Member Component If you answered TRUE ('Yes') for the question relating to the aggregate amount of the transactions with international parties, complete and attach an International dealings schedule for the relevant year. This is a mandatory field. Was the aggregate amount of your transactions or dealings with international related parties (including the value of any property or service transferred or the balance of any loans) greater than $2 million? Declaration Signature Date: The declaration signature date should be the actual date the declaration was made. This is a mandatory field. Declarer Signature Date Total Amount of Eligible Investment Business Income: Enter the total amount of eligible collateral provided to the reporting party during the relevant tax period. Total Amount of Eligible Investment Business Income Member Residential Address - Postal/Zip Code: Enter the postal or zip code of the individual member's residential address. For Australian addresses, a four digit postcode must be entered. Member Residential Address - Postal/Zip Code Member Business Address - Postal/Zip Code: Enter the postal or zip code of the non-individual member's business address. For Australian addresses, a four digit postcode must be entered. Member Business Address - Postal/Zip Code Valid values are: 0% to 0.5% = 0% to 0.5% Over 0.5% to 1.0% = Over 0.5% to 1.0% Over 1.0% to 1.5% = Over 1.0% to 1.5% Over 1.5% to 2.0% = Over 1.5% to 2.0% Percentage of Income from things other than an Eligible Investment Business TRTAMILodgeRequest [Abstract] RP Primary Items [Abstract] RP POS Primary Items [Abstract] RP POS Prev Primary Items [Abstract] RP RES Primary Items [Abstract] RP BUS Primary Items [Abstract] RP Prev Primary Items [Abstract] RP TrueAndCorrect Primary Items [Abstract] INT TrueAndCorrect Primary Items [Abstract] Enter the total of the trust's trust component deficits relating to tax offset, for all of the trust's classes (if applicable), on which the trustee is liable to pay tax. Trust Component Deficit of Character Relating to Tax Offset Enter the total amount of the trust's shortfalls in determined member component of character relating to assessable income, for all its classes (if applicable), on which the trustee is liable to pay tax. Shortfall in Determined Member Components of Character Relating to Assessable Income Enter the total amount of the trust's excesses in determined member components of character relating to tax offset, for all its classes (if applicable), on which the trustee is liable to pay tax. Excess in Determined Member Components of Character Relating to Tax Offset Enter the total of the trust's amounts of determined trust component that are not reflected in member components, for all its classes (if applicable), on which the trustee is liable to pay tax. Determined Trust Component Amounts that are not reflected in Member Components Total Payments Received from Related Entities during the Income Year