Show download pdf controls
  • Reportable tax position schedule

    The reportable tax position (RTP) schedule is a schedule to the company income tax return. It requires large businesses to disclose their most contestable and material tax positions.

    From the 2018–19 income year, you are now able to lodge your RTP schedule electronically. Our preference is for you to lodge the RTP schedule electronically with your 2018–19 company tax return, including for 2018–19 years with an early balance date. This method ensures the secure transfer of your information to us.

    You are required to complete the RTP schedule if we have notified you in writing (including email) that you have to complete the RTP schedule, or you meet the RTP schedule lodgment criteria.

    For details about reportable tax positions, including definitions and how to complete the RTP schedule, see Reportable tax position schedule instructions 2019.

    We use RTP schedule disclosures to:

    • tailor our engagement and work with you on complex high risk arrangements
    • identify areas where we need to provide further clarification/certainty on the correct treatment of transactions and complex high risk tax arrangements
    • better understand tax risk for taxpayers, industries and the large market
    • improve dialogue with you about your risk profile and corporate governance
    • allow you to make informed decisions about positions you have taken or are considering taking that are considered to be high risk arrangements.

    Next steps:

    Last modified: 05 Jul 2019QC 48014