Australia: Clarification on when an International Dealings Schedule will be required for income tax returns lodged in June/July 2012

Tax Insights ()

We refer to our PKN Stop Press dated January 19, 2012, in which we informed PKN readers that Australian corporate taxpayers who lodge their 2012 income tax returns on or before 30 June 2012 will be able to lodge using 2011 stationery. This means that a Schedule 25A rather than the new International Dealings Schedule (IDS) can be completed by taxpayers who lodge their returns before 30 June 2012.