What should be done if a corporate tax entity is not able to provide the required information on the distribution statement

A distribution statement that discloses all of the information stated in this reference guide will be taken to be in the approved form.

Any requests for a substantial variation to the distribution statement requirements, including circumstances where the entity is not able to state the franking percentage (for example, due to delays experienced in the redesign of dividend stationery and related software applications), should be directed to the Commissioner of Taxation for approval.

See a sample showing distribution statement requirements.

    Last modified: 09 Jul 2014QC 17505