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Australia Expands Reportable Tax Position Schedule

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has announced that the reportable tax position schedule (RTPS) has been expanded to include all companies in economic groups with a turnover greater than AUD 250 million for years ending on or after 30 June 2018. The schedule requires companies to provide the ATO with information on three types of positions:

  • Category A – uncertain tax positions in the inco…

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