2009 standard distribution statement: guidance notes for fund managers
Basic structure
The basic structure consists of three parts.
Part A of the 2009 standard distribution statement explains where amounts are shown on the Tax return for individuals (supplementary section) 2009.
Part B explains the components of a distribution which investors may need to know to work out their net capital gain or capital loss and specifically provides the CGT concession amount. It also includes tax-deferred amounts required to adjust the cost base and reduced cost base of their units.
For investors with straightforward circumstances the information in Parts A and B focusing on specific labels at items 13, 18 and 20 should be sufficient to complete their tax return.
Part C allows a reconciliation of the net cash amount distributed to the unit holder and provides information relevant to adjustments to the cost base and reduced cost base. It includes all non-assessable amounts – CGT concession, tax-exempted, tax-free and tax-deferred amounts.
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