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ATO Publishes Reminder on Requirement for Lodgment of General Purpose Financial Statements

06 March 2020

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Approved Changes

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Australia

The Australian Taxation Office has published a reminder on the requirement for the lodgment of general purpose financial statements. --- General purpose financial statements lodgment reminder A number of significant global entities (SGEs) will shortly be required to lodge their general purpose financial statements (GPFS). You must give us a GPFS if you: are a corporate tax entity (that is, a company, corporate limited partnership or public trading trust) for the income year, are an SGE for the income year, are an Australian resident or a foreign resident operating an Australian permanent establishment (PE), at the end of the income...