The Australian Taxation Office (ATO) has issued a notice on the requirements for private companies to report dividends.
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Reporting private company dividends
We'll soon be contacting private companies that haven't lodged a Dividend and interest schedule (DIS) for one or more income years.
Your private company needs to lodge a DIS as part of your company tax return if you're reporting any dividend and interest amounts paid or credited.
Now is the time to review your affairs and check t…