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Government organisation G The investor is a government organisation. non-individual O The investor is an unincorporated organisation or a non-individual entity not mentioned such as sports clubs and informal trusts. To ensure correct pre-filling and to avoid post-compliance activity for investors, it is critical that individual investor names and TFNs are not reported at non-individual fields when the Investor entity type (7.137) field code equals I or D. For example, individual investor names should not be reported at the Non-individual investor name (7.146) field. The following should be followed: Individuals Reference number Field name Explanation 7.59 Account name Account name 7.137 Investor entity type I = Individual or D = Individual is deceased 7.138 Investor tax file number Individual investor’s TFN as quoted 7.139 Investor Australian business number Individual investor’s ABN as quoted Corporation or incorporated organisation If an account is held by a company or incorporated corporation, the company or the incorporated corporation’s TFN or ABN and registered name should be reported. The name and TFN of the Public Officer or other signatory to the account should not be reported. Reference number Field name Explanation 7.59 Account name Account name of company or incorporated organisation 7.137 Investor entity type C = Corporation 7.138 Investor tax file number Company’s TFN as quoted 7.139 Investor Australian business number Company’s ABN as quoted 7.146 Non-individual investor name Registered name of company Partnerships A formal partnership arrangement can be identified by the existence of a partnership agreement and a partnership TFN or ABN.
Reference number name Explanation 7.59 Account name Account name of partnership 7.137 Investor entity type P = Partnership 7.138 Investor tax file number Partnership’s TFN as quoted 7.139 Investor Australian business number Partnership’s ABN as quoted 7.146 Non-individual investor name Name of partnership Individual investor surname (7.141) and given name (7.142 and 7.143) fields should not be completed. Joint accounts If a partnership entity does not exist for tax purposes, the joint holders of the account should be treated as separate investors. An Investor data record is required for each investor. Individual investor Reference number name Explanation 7.59 Account name Account name 7.137 Investor entity type I = Individual 7.138 Investor tax file number Investor’s TFN as quoted 7.139 Investor Australian business number Investor’s ABN as quoted 7.146 Non-individual investor name Blank fill Non-individual investor Reference number Field name Explanation 7.59 Account name Account name 7.137 Investor entity type C, P, T, S, G or O 7.138 Investor tax file number Investor’s TFN as quoted 7.139 Investor Australian business number Investor’s ABN as quoted Individual investor surname (7.141) and given name (7.142 and 7.143) fields should not be completed. Unequal shares in a joint account Holders of accounts in joint names are presumed to have joint beneficial ownership of the monies in equal shares, unless they prove otherwise. Therefore income is to be returned equally. Within the AIIR, the full amount of income attributable to the account is reported for each investor within a joint account. The amount should not be split between the account holders
Reference number Field name Content 7.54 Sequence number of DACCOUNT record 02 7.55 Investment reference number 963963444 7.56 Account reference number 7.59 Account name RAPHAEL EAST 7.62 Date of payment (DDMMCCYY) 30062015 7.63 Type of investment 05 7.64 Type of payment UTD 7.72 Unfranked dividends not declared to be conduit foreign income 000000280000 7.73 Unfranked dividends declared to be conduit foreign income (cents) 000000000000 7.74 Franked dividends (cents) 000000320000 7.75 Franking credit (cents) 000000137100 7.77 Non-primary production income (cents) 000000200000 supplementary income account record (extract) Reference number Field name Content 7.103 Supplementary income payment type UTD 7.104 Sequence number of DACCSUPP record 01 7.113 Unfranked distributions from trusts (cents) 000000200000 7.114 Franked distributions from trusts (cents) 000000537100 One Investor data record is required following Sequence number of DACCSUPP record 01. 11 AIIR, SDS ITR The SDS is the format recommended by the ATO, the Financial Services Council and Australian Custodial Services Association for disclosure by managed funds of tax information to certain resident individuals holding units on capital account for completion of their tax returns, relevant schedules and other requirements. A new tax system for managed investment trusts (MITs) has been enacted will apply from 1 July 2016. However, a trustee of a MIT may choose to apply those rules from 1 July 2015. The 2016 SDS format can be used by MITs who have elected to apply the new rules however the statement should be identified as an Attribution managed investment trust member’s annual statement (AMMA statement). Funds should apply the relevant provisions of the income tax law in preparation of the statement. SDS – Division 6 of Part III of ITAA 1936.
7.63 Type of investment Not applicable Not reported x Not reported 7.64 Type of payment All Not reported x Not reported 7.65 Term of investment Not applicable Not reported x Not reported 7.66 TFN withholding tax deducted (7.66 minus 7.67) INT, DIS, TDP, FMD 10M TFN amounts withheld from interest Not reported DIV 11V TFN amounts withheld from dividends Not reported UTD 13R Share of credit for TFN amounts withheld from interest, dividends and unit trust distributions A Share of credit for TFN amounts withheld from interest, dividends and unit trust distributions C TFN amounts withheld 7.67 TFN withholding tax refunded INT, DIS, TDP, FMD, DIV, UTD 13R Share of credit for TFN amounts withheld from interest, dividends and unit trust distributions C TFN amounts withheld 7.68 Non-resident withholding amount deducted INT, DIV, UTD 13A of credit for amounts withheld from foreign resident withholding x A of credit for amounts withheld from foreign resident withholding 7.69 Non-resident withholding amount refunded UTD Not reported x Not reported 7.70 Cash or non-cash value of an investment related betting chance prize IRB 24Y Other income - category one x Not reported 7.71 Interest DIS, INT, TDP, FMD 10L Gross interest Not reported
UTD 13U Not directly reported (included in 7.77 and reported at 13U) x C Interest 7.72 Unfranked dividends not declared to be conduit foreign income DIV 11S Unfranked amount Not reported UTD 13U Not directly reported (included in 7.113 or 7.114 and reported at 13U or 13C respectively) x A Share of non-primary production income C Dividends: unfranked amount 7.73 Unfranked dividends declared to be conduit foreign income DIV 11S Unfranked amount Not reported UTD Not directly reported (may be Included in 7.113 and reported at 13U) x A Included in share of non-primary production income C Dividends: unfranked amount 7.74 Franked dividends DIV 11T Franked amount Not reported UTD Not directly reported (included in 7.114 and reported at 13C) x A Included in share of non-primary production income OR included in Franked distributions from trusts C Dividends: franked amount 7.75 king credit DIV 11U Franking credit Not reported UTD 13C Franked distributions from trusts x A Share of non-primary production income OR included in Franked distributions from trusts 13Q of franking credit from franked dividends C Franking credits 7.76 Other taxable Australian income UTD Not directly reported (included in 7.77 and reported at 13U) x A Included in of non-primary production income x C income 7.77 Non-primary production income UTD 13U Share of net income from trusts less A Included in Share of non-primary production income
(includes fields 7.71, 7.113, 7.76 and 7.93) capital gains, foreign income and franked distributions C income 7.78 Other deductions relating to distributions UTD 13Y Other deductions relating to amounts shown at O, U and C A deductions relating to non-primary production distributions 7.79 Capital discounted method UTD 18 Capital gains x A Included in Total current year capital gains and Net capital gain x B Capital gains: discounted method x C Discounted capital gain 7.80 Capital indexation method UTD 18 Capital gains x x A Included in Total current year capital gains and Net capital gain x x B Capital discounted method x x C Discounted capital gain 7.81 Capital gains other method UTD 18 Capital gains x A Included in current year capital gains and Net capital gain x B Capital other method x C Capital other method 7.82 CGT concession amount UTD Depends on individual circumstances of beneficiary x x B CGT concession amount x x C CGT Concession amount 7.83 Net capital gain UTD 18A Net capital gain A Net capital gains C Net capital gains 7.84 Total current year capital gains UTD 18H Total current year capital gains A Total current year capital gains B current year capital gains 7.85 Taxable foreign capital UTD 18 Capital gains x Not reported 7.86 Assessable foreign source income FSI 20E Assessable foreign source income x Not reported UTD A Assessable foreign source income 7.87 FSI 20M x Not reported
7.113 Unfranked distributions from trusts UTD Not directly reported (will be mapped to 13U from 2014) x C SDS Option 2 – Unfranked distribution 7.114 Franked distributions from trusts UTD 13C Franked distributions from trusts A Franked distributions from trusts 7.118 Personal identification number (PIN) FMD Not reported x x Not reported 7.119 ANZSIC code FMD Not reported x x Not reported 7.120 Amount of deductible deposit FMD 17D Deductible deposits x Not reported 17E Net farm management deposits or repayments x Not reported 7.121 Date of deductible deposit FMD Not reported x Not reported 7.122 Date of original deductible deposit FMD Not reported x Not reported 7.123 Amount of repayment FMD 17N repayments natural disaster x Not reported 17R Other repayments x Not reported 17E Net farm management deposits or repayments x Not reported 7.124 Date of repayment FMD Not reported x Not reported 7.125 Amount of transfer in FMD Not reported x Not reported 7.126 Date of transfer in FMD Not reported x Not reported 7.127 Transferor BSB number FMD Not reported x x Not reported 7.128 Amount of transfer out FMD Not reported x Not reported 7.129 Date of transfer out FMD Not reported x Not reported 7.130 Transferee BSB number FMD Not reported x x Not reported