Part A of the 2004 Standard distribution statement is designed to directly correspond to items 12, 17 and 19 on the 2004 tax return (supplementary section) that an investor in a managed fund is required to complete. The information in Part A should be sufficient for investors with straightforward circumstances to complete their tax return.
Part B contains the specific information required by a unitholder to determine their foreign tax credit entitlement in accordance with the ITAA 1936.
Part C provides details of the components of the distribution made that investors require in certain circumstances. For example, investors may need these details for applying capital losses, completing the capital gains tax (CGT) schedule, foreign loss quarantining, cost base adjustment, and to allow a reconciliation of the net cash amount distributed to the unitholder.