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  • Basis of standard distribution statement

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    The standard format does not purport to deal with all possible scenarios a fund manager may encounter. Where the funds' circumstances are outside those shown in the standard format, additional information or requirements need to be considered.

    The format is predicated on the standard information needs of a resident individual unitholder in a unit trust operated by the funds management industry. It is also assumed that the unitholder is a resident for the whole of the year of income.

    Fund managers should apply relevant provisions of the income tax law in preparing the taxation information in the distribution statement, in particular Division 6 of Part III of the Income Tax Assessment Act 1936, (ITAA 1936).

    The 2006 standard distribution statement is current as at 28 June 2006 and is issued at this time to enable the necessary systems changes to be implemented by the fund managers prior to 30 June 2006 for 2006 income year reporting. If subsequent changes are necessary we will discuss these with industry bodies.

    Last modified: 26 Mar 2020QC 18860