Australia 2017 International Dealings Schedule and Instructions Released

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…