Reportable Tax Position deadline looms

Time running out to consider Reportable Tax Positions for 30 June year-end companies.

Companies that have received a notification by the Australian Taxation Office (ATO) are required, by 15 January 2019, to lodge a Reportable Tax Position (RTP) schedule with their tax return for the year ended 30 June 2018. This is the first year in which the RTP schedule has been extended to include companies with a turnover of greater than $250 million.Given the broad RTP categories, impacted companies need to carefully consider each of the categories and form a view as to whether a disclosu...

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Authors: Keith Swan, Bill Sfikas,

Published Date: 30 November 2018