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Australia 2017 International Dealings Schedule and Instructions Released

|Approved Changes|Australia
Australia

The Australian Taxation Office has announced the release of the 2017 International dealings schedule (IDS) and instructions. The IDS requirements apply for Australian taxpayers with more than AUD 2 million in related party dealings and must be lodged with the annual tax return. The announcement notes three main changes to the IDS for 2017, including that:

  • Significant global entities (SGEs) wi…

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