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Australian Taxation Office Issues Notice on Taxpayers' Self-Assessment of Obligation to Lodge Reportable Tax Position

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has issued a notice on the need for taxpayers to self-assess their obligation to lodge a Reportable tax position (RTP) schedule.

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Self-assess your requirement to lodge an RTP schedule (public or foreign owned companies)

From 30 June 2019, taxpayers are no longer notified of their obligation to lodge a Reportable tax position (RTP) schedule. Instead, you are required to self-assess your company's requirement to lodge based on certain criteria.

Your …

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