Appendix 3: Summaries and worksheets

Last updated 8 March 2021

Overview

This appendix contains the following summary sheets that may be useful when preparing your tax return.

Summary sheet 1	attributed income
Summary sheet 2	working out your share of the attributable income of a CFC
Summary sheet 3	active income test
Summary sheet 4	transferor trust and related measures

It also contains the following worksheets:

Worksheet 1	Working out your control and attribution percentages
Worksheet 2	Working out the tainted income ratio for a CFC
Worksheet 3	Working out amounts from partnerships to be included in the tainted income ratio
Worksheet 4	Working out the attributable income of a CFC.

The summaries and worksheets are intended as guides only and may not cover all the qualifications and conditions contained in the law that may apply to a particular case.

Summary sheet 1: Attributed income

Summary sheet 2: Working out your share of the attributable income of a CFC

Summary sheet 3: Active income test

Summary sheet 4: Transferor trust and related measures

Worksheet 1: Working out your control and attribution percentages

Worksheet 2: Working out the tainted income ratio for a controlled foreign company (CFC)

Worksheet 3: Working out amounts from partnerships to include in the tainted income ratio

Worksheet 4: Working out the attributable income of a CFC

QC55205