Pricing Knowledge Network ()
The Australian Taxation Office (ATO) has indicated that corporate taxpayers who lodge their 2012 income tax returns on or before 30 June 2012 will be able to lodge 2011 stationery. Rather than filing the new International Dealings Schedule (IDS), this will allow taxpayers to file either:
- a Schedule 25A and Thin Capitalisation Schedule (for entities who lodged these forms with their 2011 returns); or
- the Financial Services International Dealings Schedule (FS-IDS) (for those financial services entities who lodged the FS-IDS with their 2011 returns).