Summary sheet 1: Attributed income

This summary sheet will enable you to total the amounts of attributed income to be included in your tax return. Prepare a separate sheet if you need more space for any part.

Part A Attributable income from CFCs

Include your share of:

• the attributable income of each CFC in which you have an attribution interest
• attributable amounts arising where an unlisted country CFC changes residence to a listed country or to Australia.

See summary sheet 2 to work out whether you have to include attributable income from a CFC.

Part B Income attributed to you from a non-resident trust under the transferor trust measures

See summary sheet 4 to work out whether you have to include attributable income from a trust under the transferor trust measures.

Part C Your share of the net income of any partnership or trust that consists of income attributed to the partnership or trust under the accruals tax measures, whether from a CFC or a non-resident trust estate

Part D Total of the amounts in parts A, B and C

Include this total amount in your tax return at the appropriate labels as set out in Individual tax return instructions or the instructions for your tax return.