ATO Reminder to Lodge Reportable Tax Position Schedule
The Australian Taxation Office (ATO) has issued a reminder for taxpayers to lodge their Reportable Tax Position (RTP) schedule. From the 2021-22 income year onwards, private 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 …
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