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ATO Issues Notice on Expansion of Reportable Tax Position Schedule Requirements to Large Private Companies from July 2020

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has issued a notice on the expansion of reportable tax position (RTP) schedule lodgment requirement to large private companies from 1 July 2020, as well as a consultation on additional RTP Category C questions.

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Expanding the RTP schedule lodgment requirements to large private companies from 1 July 2020

For income years starting from 1 July 2020, large private companies will be required to lodge a reportable tax position (RTP) schedule.

This change…

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