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ATO Publishes Reportable Tax Position Schedule 2023

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has published the Reportable tax position schedule 2023. Companies must self-assess their requirement to lodge, with an RTP schedule required if total business income for the year is either AUD 250 million or more, or AUD 25 million or more and the company is part of an economic group whose total business income is AUD 250 million or more. If the criteria are met, an RTP schedule must be lodged even if there are no disclosures. The ATO may also notify a c…

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