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2005 standard trust distribution statement: guidance notes for fund managers

Standard distribution statement for use by managed funds to report tax information to investors.

Last updated 25 March 2020


The 2005 standard format has been developed as a result of the concern of both the Tax Office and IFSA about the complexity and confusion experienced by managed fund investors in completing their tax returns. The standardisation of terms and presentation used in trust distribution statements to unitholders is addressing these difficulties by promoting consistency. The input of the Australian Shareholders Association and Australian Independent Retirees Association in developing this agreed format is also acknowledged.

The 2005 standard distribution statement is the Tax Office-IFSA recommended format for disclosure by managed funds of tax information to resident individuals for completion of TaxPack, relevant schedules and other requirements.