Guide to completing Schedule 25A 2011

Do you have any dealings with international related parties?

If you have engaged in transactions with international related parties then you may need to complete section A of Schedule 25A.

Section A of Schedule 25A considers four categories of transactions and dealings - tangible property, intangible property, services and other transactions.

A transaction is considered to have occurred if you have supplied or acquired any of the items listed above.

There need not be any consideration passing between the parties for a transaction to qualify for the schedule. If a supply or acquisition has occurred it should be treated as such.

If you answered 'No' to having dealings with international related parties then you are not required to complete section A of Schedule 25A. However, if you have an overseas branch or a direct or indirect interest in a foreign trust, foreign company, controlled foreign entity or are subject to the transferor trust rules, then you are still required to complete section B of Schedule 25A.

Sections within Determine if you are required to complete Section A

• Do you have international related parties?
• Do you have any dealings with international related parties?
• Determine the balance or borrowings outstanding with international related parties