The Australian Taxation Office (ATO) has announced that the reportable tax position schedule (RTPS) has been expanded to include all companies in economic groups with a turnover greater than AUD 250 million for years ending on or after 30 June 2018. The schedule requires companies to provide the ATO with information on three types of positions:
- Category A – uncertain tax positions in the income tax return;
- Category B – tax uncertainty in financial statements; and
- Category C – reportable arr…