Tax Collection 1 Income Tax Assessable Character Code This code identifies the tax character type of assessable income derived by an individual. Valid values are: Primary production income = Income that is related to primary production. Interest = Income that is related to interest. Interest exempt from withholding = Income that is related to interest exempt from withholding. Unfranked dividends not declared to be conduit foreign income = Income that is related to unfranked dividends not declared to be conduit foreign income. Unfranked dividends declared to be conduit foreign income = Income that is related to unfranked dividends declared to be conduit foreign income. Franked dividends = Income that is related to franked dividends. Franking credit gross-up = Income that is related to franking credit gross-up. Other Australian Income = Income that is related to Australian income not classified elsewhere. National rental affordability Scheme Rental Income = Income that is related to the national rental affordability scheme. Royalties = Income that is related to royalties. Capital gains discounted method - taxable Australian property = Income that is related to discount capital gain from taxable Australian property. Capital gains discounted method - non-taxable Australian property = Income that is related to discount capital gain from non taxable Australian property. Capital gains other - taxable Australian property = Income that is related to non discount capital gain from taxable Australian property. Capital gains other - non-taxable Australian property = Income that is related to non discount capital gain from non taxable Australian property. Dividend amount from listed investment company capital gain = Income that is related to dividend amount from listed investment company capital gain. Assessable foreign source income = Income that is related to assessable foreign source income. Other net foreign source income = Income that is related to other net foreign source income. Controlled foreign company attributable income = Income that is related to controlled foreign company attributable income. Transferor trust income = Income that is related to transferor trust income. Other = Income that is not classified elsewhere. Income Tax Attribution Managed Investment Trust Class Description A description that identifies each separate attribution managed investment trust (AMIT) class where an election has been made. Income Tax Attribution Managed Investment Trust Related Entities Payment Indicator This indicates whether the attribution managed investment trust received payments from related entities during the income year. A choice of TRUE/FALSE values. true = The trust received payments from related entities during the income year. false = The trust did not receive payments from related entities during the income year. Income Tax Exempt Character Code This code identifies the tax character type of exempt income derived by an individual. Valid values are: Net exempt income for foreign residents = Exempt income related to foreign residents. Other net exempt income = Exempt income that is not classified elsewhere. Income Tax Multi Class Transfer Indicator This indicates whether assets have been transferred between classes for the trust. A choice of TRUE/FALSE values. true = Assets have been transferred between trust classes. false = Assets have not been transferred between trust classes. Income Tax Offset Character Code This code identifies the tax character type of relevant tax offsets. Valid values are: Franking credits = Tax offsets related to franking credits. Foreign income tax offsets = Tax offsets related to foreign income. National rental affordability scheme (NRAS) tax offset = Tax offsets related to the national rental affordability scheme. Exploration development credit = Tax offsets related to exploration development credit. Australian franking credits from a New Zealand company = Franking credits that are related to a New Zealand company. Other = Tax offsets that are not classified elsewhere. Income Tax Trust Component Deficit Offset Amount This is the value, during the relevant period, of the trust's trust component deficit relating to offset. Income Tax Trust Shortfall Income Amount This is the value, during the relevant period, of the trust's shortfall in determined member component of a character relating to assessable income.