Attributable taxpayer

Some taxpayers have a significant shareholding in a foreign company. You are considered an attributable taxpayer if you are an Australian resident and meet either of these conditions:

  • together with your associates, you hold a 10% or more direct or indirect interest in a controlled foreign company
  • the foreign company is a controlled foreign company because it meets the de facto control test and other conditions.
Further Information

For more information on the meaning of an attributable taxpayer refer to the Foreign income return form guide 2010-11.

End of further information
    Last modified: 21 Feb 2012QC 25356