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SPECIFICATION SOFTWARE DEVELOPERS

DECEMBER 2010 UNCLASSIFIEDFORMAT AUDIENCE DATE CLASSIFICATION

Electronic Reporting SpecificationAnnual investment income report (AIIR) version 9.0.1

UNCLASSIFIED For further information or questions, call 1800 072 681

UNCLASSIFIED ELECTRONIC REPORTING SPECIFICATION – AIIR

CHANGES IN THIS VERSION OF THE SPECIFICATIONDifferences between Version 9.0 and Version 9.0.1

General key changes

General wording changes to allow for consistency, update and clarify information and processes.

Section 6 Record Specifications

The Filler field requirements in the Supplementary income account data record has been corrected from C (conditional) to S (space filled)

Section 7 Data field definitions and validation rules

Updated to include more detailed examples of the Standard distribution statement - 2011 tax return information for the year ended 30 June 2011

Alert boxes added to 7.98 and 7.99 to clarify field requirements Wording in Reporting accounts held by partnerships and joint owners – One party deceases

– Option 2 example has been updated to reflect the correct indicator for interest received Up to date of death field.

Section 8 Examples of standard AIIR data files

Example 2 has been updated to correctly define the field length of the DACCSUPP as being 2 characters long.

Differences between Version 8.0 and Version 9.0

Field changes affecting managed funds only

To align the AIIR with the standard distribution statement for managed funds, a new Supplementary income account data record has been added. The new record has 14 fields of which 9 are new amount fields to capture supplementary income. See chapter 6 changes below for details of these fields.

This new record only needs to be completed by managed funds who make unit trust distributions and only when supplementary income needs to be reported.

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Field changes affecting all investment bodies

The File total record now has a new field: ‘Count of DACCSUPP records in the file’ (7.156).

ATO reporting specification version number will need to be updated by all investment bodies to FINVAV09.0 (7.9).

‘Software product type’ data definition (7.52) has been adjusted to more accurately capture the software product type.

General

The format has been changed to a template style consistent with other Australian Taxation Office (ATO) electronic reporting specifications.

All references to the ‘Tax Office’ changed to the ‘ATO’. Minor changes to the wording have been made throughout the specification. Five acronyms have been added to the list of acronyms. All references to DATs and Zip disks have been removed as these options are no longer

valid lodgment options for AIIR.

Section 1 Introduction

The following section has been inserted:– Lodging your AIIR early to assist pre-filling

The following sections have been removed:– Identifiers used in this specification– Inability to meet the specified reporting requirements– Electronic commerce interface (ECI).

Section 2 Legal requirements

The following sections have been removed:– Use of investor body remitter numbers (IBRNs)– Investors claiming an exemption from quoting a TFN– Distributions from corporate unit trusts and public trading trusts.

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Section 3 Reporting procedures

The following sections have been inserted:– Installing ECI software– Reporting via the internet– Setting up for the ECI– Format and data quality.

Section 4 Physical specifications

The following section has been removed:– Mainframe cartridge tapes.

Section 6 Record specifications

The following sections have been removed:– Physical records – subsections relating to media types

The following data record has been added:– Supplementary income account data record

The following fields have been added to a new Supplementary Income account data record:– Record length– Record identifier– Supplementary income payment type– Sequence number of DACCSUPP record– National rental affordability scheme tax offset – Primary production income– Credit for Australian business number amounts withheld– Deductions relating to distribution of primary production income– Deductions relating to distribution of non-primary production income– Attributed income from Transferor trusts– Attributed foreign income from Foreign investment fund or Foreign life assurance

policy– Attributed foreign income from Controlled Foreign Company– Net foreign rent– Filler

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The following field has been added to the File total data record:– Count of DACCSUPP records in the file

The following field names have been changed:– the Supplier suburb, town or city fields in the Supplier data record 3 is now known as

the Supplier suburb, town or locality fields– the Sequence number of IDENTITY record in the file field in the Investment body

identity record is now known as the Sequence number of IDENTITY record field– the Suburb, town or city field in the Investment body identity record is now known as

the Suburb, town or locality field– the Type of Investment from Section 202D(1) field in the Investment account data

record is now known as the Type of investment field– the Other deductions relating to distributions from trust field in the Investment

account data record is now known as the Other deductions relating to distributions from UTD field

– the Other trust deductions not included elsewhere field in the Investment account data record is now known as the Trust deductions not included elsewhere field

– the Sequence number of DFMDACCT record in the AIIR field in the Farm management deposit account data record is now known as the Sequence number of DFMDACCT record field

– the Sequence number of DACCOUNT record in the account field in the AIIR is now known as the Sequence number of DACCOUNT record field

– the Sequence number of DINVESTOR record in the account field in the Investor data record is now known as the Sequence number of DINVESTOR record field

– the Australian suburb, town or city field in the Investor data record is now known as the Australian suburb, town or locality field

– the Overseas locality, town or city field in the Investor data record is now known as the Overseas suburb, town or locality field

The following fields in the Investment account data record must be zero filled if not applicable (that is, these fields can no longer be treated as filler fields):

– Managed investment trust fund payments (7.100)– Amounts withheld from managed investment trust fund payments (7.101)

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Section 7 Data field definitions and validation rules

Reference to individual investors with legal single names included.

The example of a ‘Distribution statement to a resident investor’ and the associated Investment account data record have been updated.

The example of a Supplementary income account data record has been added.

The following data record has been added:– Supplementary income account data record

The following sections have been inserted:– Under Reporting accounts held by partnerships and joint owners

Unequal shares One party deceases

– Distribution from corporate unit trusts and public trading trusts

The following changes have been made to the definitions:– The explanatory box after field 7.7 Type of report has been removed.– Four lines have been removed from field 7.8 Type of return media.– The explanatory box after field 7.18 Supplier file reference of file being replaced or

containing records to be corrected has been removed.– The section ‘Change in residency status during year’ has been removed as this

information is contained elsewhere in chapter 7.– The data definition for Software product type 7.52 has been adjusted to more

accurately capture the software product type.– Nine new definitions have been added for the Supplementary income account data

record.– The data definition for Taxable foreign capital gain component of UTD has been

adjusted to reflect the correct ITAA 1936 reference

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Acronyms

Acronym ExpandedABN Australian business number

ABR Australian Business Register

AIIR Annual investment income report

ATF as trustee for

ATO Australian Taxation Office

CFI conduit foreign income

DA&M Data Acquisition and Management

ECI electronic commerce interface

FHSA First home saver account

FMD farm management deposit

MIPS Media Information Processing Services

OBO on behalf of

PC personal computer

SAP substituted accounting period

SILU Software Industry Liaison Unit

TFN tax file number

TIN tax identification number (non-resident identifier)

UTD unit trust distribution

WPN withholding payer number

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TABLE OF CONTENTS1 Introduction................................................................................................................................1

Using this specification.............................................................................................................1Who should use this specification?..........................................................................................1Lodging Online.........................................................................................................................1Lodging your AIIR early to assist pre-filling..............................................................................2

Incremental lodgment............................................................................................................2PC (spreadsheet format) and paper forms...............................................................................2First home saver account (FHSA)............................................................................................3

2 Legal requirements....................................................................................................................4Reporting obligations...............................................................................................................4Extension of time to lodge........................................................................................................4Other obligations......................................................................................................................5Retention of information...........................................................................................................5Australian business numbers...................................................................................................5Withholding payer numbers.....................................................................................................5Income declared to be conduit foreign income by Australian corporate tax entities................6Trust distributions of income declared to be conduit foreign income.......................................6Managed investment trust fund payments and withheld amounts...........................................7Mergers....................................................................................................................................8Privacy.....................................................................................................................................8

3 Reporting procedures..............................................................................................................10Reporting for the first time......................................................................................................10Test data................................................................................................................................10

Installing ECI software.........................................................................................................10Reporting online via the internet............................................................................................11

Setting up for the ECI..........................................................................................................11Reporting via electronic storage media..................................................................................11

CD-ROMs, DVDs, floppy disks and USB flash drives.........................................................12Format and data quality.........................................................................................................12Data quality checks................................................................................................................12Replacement media...............................................................................................................12

4 Physical specifications.............................................................................................................13CD-ROMs and DVDs.............................................................................................................13USB flash drives.....................................................................................................................13Floppy disks...........................................................................................................................13Number of files on media.......................................................................................................14

5 Data file format........................................................................................................................15Content of a standard AIIR file...............................................................................................15Sort order of a standard AIIR file............................................................................................16Content of a NIL return AIIR file.............................................................................................16Sort order of a NIL return AIIR file..........................................................................................17Structure of standard AIIR files..............................................................................................18Structure of NIL return AIIR files............................................................................................21Structure of a file containing standard and NIL return AIIR files............................................22Logical structure of a standard AIIR.......................................................................................23

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Logical structure of a NIL return AIIR file...............................................................................246 Record specifications...............................................................................................................25

Header records......................................................................................................................25Physical records.....................................................................................................................26

CR, LF and EOF markers....................................................................................................26Description of terms used in data record specifications.........................................................28Supplier data record 1............................................................................................................30Supplier data record 2............................................................................................................30Supplier data record 3............................................................................................................31Investment body identity record.............................................................................................32Software record......................................................................................................................32Investment account data record.............................................................................................33Investment account data record (continued)..........................................................................34Supplementary income account data record.........................................................................35Farm management deposit account data record...................................................................36Investor data record...............................................................................................................37File total record......................................................................................................................38

7 Data field definitions and validation rules................................................................................39Reporting of name fields........................................................................................................39Reporting Australian addresses.............................................................................................39Reporting overseas addresses for non-resident investors for tax purposes..........................41Reporting interposed entities.................................................................................................43Account signatories................................................................................................................45Reporting deceased investors................................................................................................45Non-residents – change of residency status during the year.................................................46Reporting of unit trust distributions (UTD)..............................................................................47

Supplementary income account data record.......................................................................47Reporting deferred interest securities....................................................................................61

Reporting arrangements......................................................................................................61Identification of investments................................................................................................61

Reporting accounts held by trusts..........................................................................................62Distributions from corporate unit trusts and public trading trusts...........................................70Reporting accounts held by partnerships and joint owners...................................................70

Unequal shares...................................................................................................................71One party deceases............................................................................................................71

Reporting accounts held by non-individual entities................................................................72Data field definitions...............................................................................................................75

Supplier data record 1.........................................................................................................75Supplier data record 2.........................................................................................................77Supplier data record 3.........................................................................................................77Investment body identity record..........................................................................................79Software record...................................................................................................................82Investment account data record..........................................................................................82

Reporting amounts in the Investment account data record.............................................86Supplementary income account data record.......................................................................94

Reporting amounts in the Supplementary Income account data record..........................94Farm management deposit account data record................................................................96

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Investor data record............................................................................................................97File total record..................................................................................................................104

8 Examples of standard AIIR data files.....................................................................................1069 Reporting farm management deposit accounts.....................................................................140

Examples of file structure for FMD account reporting..........................................................14110 Sending files containing replacement AIIR..........................................................................143

Example of replacement AIIR..............................................................................................14411 Sending files containing NIL AIIR........................................................................................147

NIL Return AIIR....................................................................................................................147Lodging NIL returns via ECI or MIPs....................................................................................147Lodging NIL Returns on paper.............................................................................................147

12 Sending files containing corrected AIIR records..................................................................148Reporting corrected AIIR records on electronic storage media...........................................148Reporting corrected AIIR records on paper.........................................................................152

13 More information..................................................................................................................15314 Algorithms............................................................................................................................154

TFN algorithm......................................................................................................................154ABN Algorithm......................................................................................................................155WPN algorithm.....................................................................................................................155

15 Checklist..............................................................................................................................15616 Corrected TFN and ABN return files....................................................................................157

Return files on electronic storage media..............................................................................157Updating of TFN or ABN fields by investment bodies..........................................................157Investors deemed not to have quoted a TFN or ABN..........................................................157Non-resident tax identification numbers (TINS)...................................................................157

17 Specification of return data files...........................................................................................158Physical specifications of the ATO return data file...............................................................158Return data file content........................................................................................................159Structure of return data file...................................................................................................159Record specifications of return data file...............................................................................161

Return data – Header record.............................................................................................161Return data – File identity record......................................................................................161Return data – Investment body identity record.................................................................162Return data – Investor record............................................................................................162Return data – File total record...........................................................................................163

Data field definitions – Return data file................................................................................16318 Forms...................................................................................................................................166

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1 INTRODUCTION

USING THIS SPECIFICATION

This specification replaces Version 9.0 and is to be used in the development of software for electronic lodgment of the Annual investment income report (AIIR) for 2010-11 and subsequent financial years.

If an investment body, other than a managed fund, is unable to adopt Version 9.0.1 by the

2011 reporting year, an arrangement is in place to continue to accept Version 8.0 (edition 2) for 2011 only. By 2012 all investment bodies should be reporting using Version 9.0.1.

Managed Funds who have no exposure to the additional supplementary account fields may lodge in Version 8.0 (edition 2) for 2011 as part of these transitional arrangements.

WHO SHOULD USE THIS SPECIFICATION?

This specification is to be used by: commercial software developers investment bodies developing software 'in-house', and computer service providers developing software 'in-house'.

The same specification is to be used for AIIR supplied on electronic storage media or sent via the ECI or any other electronic channel provided by the ATO.

LODGING ONLINE

Investment bodies and other organisations can lodge reports online using our free electronic commerce interface (ECI) software or electronic storage media.

Lodging online will: reduce paperwork provide a secure way to lodge reports allow reports to be lodged after hours provide an online receipt when a report is lodged, and check datasets to ensure that all necessary fields have been completed.

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LODGING YOUR AIIR EARLY TO ASSIST PRE-FILLING

The ATO uses investment income information to pre-fill electronic tax returns for individual taxpayers.

You can make it easier for your clients to lodge their tax returns by lodging your AIIR early, as close as possible to 1 July, and electronically.

As soon as we have processed your report, we will make the investment income information available to your clients by: pre-filling the information into the correct income tax return labels in e-tax – a free service

offered by the ATO that allows individual taxpayers to complete and lodge their income tax returns electronically, and/or

providing the information to their tax agents, to help them complete the investor’s tax return.

To ensure that your information is available to be pre-filled for your investors in the quickest time, we ask that you: provide your data in the format set out in this electronic reporting specification, and lodge online using the electronic commerce interface (ECI).

Incremental lodgment

For some investment bodies it may be easier to lodge your AIIR incrementally, as the data becomes available, for some of your investment products such as managed funds. The ATO is prepared to accept incremental AIIR lodgments, provided that the data in subsequent AIIR files does not repeat previous client details. The benefit to your investors and the ATO of lodging this way is that we will have more data available earlier for pre-filling.

Further information about lodging online via ECI is provided on the ATO website at http://www.ato.gov.au/onlineservices

PC (SPREADSHEET FORMAT) AND PAPER FORMS

If you are unable to meet the electronic reporting requirements in this specification, you may be able to use the AIIR reporting specification for PC (spreadsheet format) and paper forms, provided by the ATO for use by investment bodies with less than 1,000 investments to report, and no facility to report electronically. If you use this specification you will need to download the AIIR v9.0.1 template. The template provides built in edit checks on the entered data. When all identified errors have been corrected the file can be downloaded onto a floppy disk, DVD or CD-ROM and sent to the Data Acquisition and Management (DA&M) Processing Services section of the ATO. The template and reporting specification are available on the ATO website at http://softwaredevelopers.ato.gov.au/.

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http://softwaredevelopers.ato.gov.au/

http://www.ato.gov.au/onlineservices


FIRST HOME SAVER ACCOUNT (FHSA)

FHSA providers are required to report activities including personal contributions made during a financial year by lodging an annual activity report between 1 July and 31 October for the financial year which has just ended.

The activity report is lodged electronically through ECI. Do not report any FHSA details

within the AIIR.

Where the government contribution is paid to an account which is closed the provider needs to lodge a FHSA payment variation advice (NAT 72781) to report that they are unable to accept the payment for that account holder.

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2 LEGAL REQUIREMENTS

REPORTING OBLIGATIONS

Under Income Tax Regulations 1936 regulation 56, an entity defined as an investment body under section 202 of Part VA of the Income Tax Assessment Act 1936 (ITAA 1936), is required to report to the Commissioner of Taxation details of investments falling within the provisions of the TFN legislation and the farm management deposit legislation: for 2008-09 and previous years, in a form approved by the Commissioner for 2009-10 and subsequent years, in the approved form.

The AIIR is an approved form for 2009-10 and subsequent years. Consequently, investment bodies that fail to lodge their AIIR by the due date for 2009-10 and subsequent years may be subjected to either administrative penalties or prosecution. An administrative penalty for the late lodgment of an approved form is imposed by subsection 286-75(1) of Schedule 1 of the Taxation Administration Act 1953 (TAA 1953). The amount of the penalty is set out in section 286-80 TAA 1953.

Under the legislation, investment bodies are required to give to the Commissioner, an AIIR containing: investor identity details (including names, addresses and TFNs or ABNs quoted by

investors) details of investment income paid to investors during the financial year movements of principal of farm management deposits amounts withheld (including nil amounts) from any income that the investor is entitled to

receive during the financial year and from repayments of farm management deposits.

Section 202G of ITAA 1936 requires an investment body that keeps the whole or part of the information it is obliged to give to the Commissioner on a computer system, to supply this information to the Commissioner in a manner and form that is in accordance with the specifications set out by the Commissioner.

This specification sets out the manner and form in which AIIR data is to be supplied. Investment bodies must lodge an AIIR with the ATO within four months of the end of the financial year to which it relates, that is by 31 October, or within such further time as the Commissioner, by written notice given to the investment body, allows.

Taxation legislation continues to be a significant part of the Government’s legislation

program. If law changes occur affecting the information collected in the Annual investment income report, then this reporting specification will need to change accordingly.

EXTENSION OF TIME TO LODGE

Requests for extensions of time to lodge AIIR must be in writing, explaining why the report cannot be lodged by the due date and must be received by the ATO before the report due date. Confirmation of extensions granted and the expected lodgment date which is set at the time, will be provided in writing. Generally, further extensions after the set date will not be granted.

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Requests for extensions of time to lodge an AIIR should be sent to:Australian Taxation OfficePO Box 2090CHERMSIDE CENTRE QLD 4032

Alternatively, requests can be faxed to (07) 3213 8936 or emailed to [email protected]

OTHER OBLIGATIONS

Requirement to deduct TFN withholding tax

Investment bodies are required to withhold amounts from investment income payments made to investors who have chosen not to quote their TFN or ABN, have not claimed an exemption from quoting, or have been deemed not to have quoted by the ATO and have not since quoted a TFN or ABN. The amount of tax to be withheld and remitted to the ATO is calculated at the highest marginal rate plus the Medicare levy.

Requirement to deduct non-resident withholding amounts

If an investment body makes an interest or dividend payment to a non-resident, it may be required to withhold an amount from: the dividend payment under sections 12-210 or 12-215 of Schedule 1 of TAA 1953 the interest payment under sections 12-245 or 12-250 of Schedule 1 of TAA 1953

RETENTION OF INFORMATION

Under section 262A(4) of ITAA 1936, investment income information must be retained by investment bodies for a statutory period of five years. The information can be retained electronically or on electronic storage media to meet this statutory requirement.

A copy of the data file supplied to the ATO must be able to be regenerated on request from the ATO (for example, where a problem has been encountered in processing of the data).

AUSTRALIAN BUSINESS NUMBERS

Under the provisions of A New Tax System (Australian Business Number) Act 1999, it is an offence to: identify yourself or an associated entity using a number that is not an Australian business

number (ABN) as if it were an ABN, or use an ABN that is not your or an associated entity’s own ABN.

WITHHOLDING PAYER NUMBERS

Where a supplier or an investment body does not have an ABN but has a withholding payer number (WPN) for withholding and remitting tax to the ATO, the entity may provide their WPN instead of an ABN as their identifier.

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mailto:[email protected]


INCOME DECLARED TO BE CONDUIT FOREIGN INCOME BY AUSTRALIAN CORPORATE TAX ENTITIES

The conduit foreign income measure, broadly, allows Australian corporate tax entities (companies, corporate limited partnerships, public trading trusts and corporate unit trusts) who are deriving foreign income that is not taxed in Australia (described as conduit foreign income) to declare all or a portion of an unfranked, frankable distribution they make to be conduit foreign income.

Conduit foreign income takes on two forms: where an Australian corporate tax entity receives foreign income which it subsequently

pays directly to a foreign resident, declaring it to be conduit foreign income (subsection 802-15 ITAA 1997)

where an Australian corporate tax entity receives foreign income which it subsequently pays to another Australian corporate tax entity, declaring it as conduit foreign income. The latter entity would normally be a regional holding company for a foreign group and would in turn pass on the amount it received to the overseas parent of the group as conduit foreign income (subsection 802-20 ITAA 1997).

To the extent that unfranked distribution is declared to be conduit foreign income, the distribution is exempt from withholding tax in the hands of a non-resident member. The member is notified of the portion of the distribution that is declared to be conduit foreign income through the distribution statement.

An unfranked distribution declared to be conduit foreign income received by a resident

individual member is treated no differently to a normal unfranked distribution.

TRUST DISTRIBUTIONS OF INCOME DECLARED TO BE CONDUIT FOREIGN INCOME

A provision included in the Tax Laws Amendment (2007 Measures No. 3) Act 2007 ensures that distributions declared to be conduit foreign income are able to flow through trusts to non-resident beneficiaries free of Australian tax.

If an Australian company makes an unfranked frankable distribution that it declares to be conduit foreign income to a trustee, a trustee is not to be liable to pay tax in relation to a non-resident beneficiary's share of the net income of the trust that is reasonably attributable to all or part of that distribution. The non-resident beneficiary must be presently entitled to the share of the trust income that is reasonably attributable to all or part of that unfranked distribution. [Schedule 9, item 23, subsection 802-17(3) of the ITAA 1997]

A non-resident beneficiary is not assessed on its share of the net income of a trust to the extent the share of the net income is reasonably attributable to a distribution declared to be conduit foreign income. [Schedule 9, item 23, subsection 802-17(1) of the ITAA 1997]

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MANAGED INVESTMENT TRUST FUND PAYMENTS AND WITHHELD AMOUNTS

New withholding arrangements for managed investment trust fund payments made to non-residents directly from such managed investments trusts or indirectly via Intermediaries to non-residents were introduced by the Tax Laws Amendment (2007 Measures No.3) Act 2007, which received Royal Assent on 21 June 2007. Schedule 10 of the Act amends the Taxation Administration Act 1953 (TAA 1953) to give effect to the changes. Further explanation relating to these changes can be found in Chapter 11 of the Explanatory Memorandum accompanying the Act.

Reporting of information

Under subsection 16-153(4) of the TAA 1953 an entity required to withhold under these new arrangements, must provide, on an annual basis, a report to the Commissioner on the amounts withheld pursuant to subdivision 12-H of the TAA 1953.

The annual report to the Commissioner under subsection 16-153(4) of the TAA 1953 must be in the approved form. It is due within 14 days after the end of 6 months following the end of the managed investments trust’s income year.

Where, for example, the end of the income year is 30 June 2011, the annual report is due by 14 January 2012.

If an entity is already required to lodge an AIIR and is also required to provide information about amounts withheld from fund payments, it can include the information about the fund payments in the AIIR. Information provided in the AIIR will be taken to have been provided to the ATO in the approved form for the purposes of subsection 16-153(4). However, the acceptance of the AIIR as the form of reporting of subdivision 12-H payments does not alter the existing requirements to lodge the AIIR by 31 October each year.

If subdivision 12-H payments are not able to be reported in the AIIR by 31 October, reporting of fund payments and amounts withheld will need to be provided by either: submitting a second AIIR disclosing only subdivision 12-H information and lodged by

14 January, or submitting a replacement AIIR disclosing previously lodged AIIR data as well as

subdivision 12-H information, and lodged by 14 January.

Payments covered by this measure are, broadly speaking, payments of income of a managed investment trust to the extent they form part of the net income of the trust. They exclude dividends, interest, royalties, foreign source income and capital gains on assets that are not taxable Australian property. Dividends, interest and royalty payments are generally excluded because they are already ordinarily subject to their own withholding tax arrangements. Foreign source income and capital gains on assets that are not taxable Australian property are excluded because these are generally not taxable in the hands of foreign residents.

The Amounts withheld from managed investment trust fund payments under Subdivision 12-H of Schedule 1 of TAA 1953 are a non-final tax and are to be reported in the new field provided.

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MERGERS

Regulation 56 of the Income Tax Assessment Act (ITAA) 1936 requires that a person who at any time during a financial year is an investment body that accepted any investments mentioned in section 202D of the Act must give to the Commissioner in a form approved by the Commissioner a written report relating to those investments.

When two investment bodies merge during the course of a financial year but not on 1 July of that year, the two entities, who are deemed to be investment bodies under S202D of the ITAA 1936 must each report an AIIR for the year in which the merger occurred.

Example 1ABC Credit Union is taken over by XYZ Credit Union on October 10 2010. For the period from 1 July 2010 to 9 October 2010, both credit unions are definable as investment bodies under the table in Section 202D of the ITAA, and subsequently have an obligation to provide the ATO with an AIIR pursuant to Regulation 56 because of the fact that both were investment bodies at this particular time during the financial year.

The obligation operates as follows:

ABC Credit Union lodges an AIIR for term that it was an investment body, ie for the period 1 July 2010 until 9 October 2010. For ease of administration ABC Credit Union will notify the ATO of no further obligation to lodge future AIIR. The due date for the 2011 AIIR for the reduced period still remains 31 October 2011 – 4 months after the end of the financial year to which the report relates.

XYZ Credit Union from the date of the merger 10 October 2010 takes on new investors from ABC Credit Union and full legislative obligation to report these investors in the 2011 AIIR. XYZ reports investments relating to its original investors from 1 July 2010 to 30 June 2011 and the new investors from 10 October 2010 until 30 June 2011.

XYZ Credit Union will have an AIIR obligation for subsequent years and in 2012 will report all investors for the full year.

Example 2123 Bank Ltd was merged into 321 Bank Corporation Ltd on 1 July 2010. 123 Bank Ltd will lodge a 2010 AIIR for the year ended 30 June 2010, due on 31 October 2010 – 4 months after the end of the financial year to which the report relates given that 123 Bank was an investment body for the full year ending on 30 June 2010.

321 Bank Corporation Ltd on 1 July 2010 received the new investors from 123 Bank Ltd, and because the merger occurred on the 1 July 2010 in the 2010-11 year, 321 Bank Corporation Ltd will report all investors for the full financial year.

123 Bank Ltd notifies the ATO that it no longer has any future obligation to lodge an AIIR.

PRIVACY

The Privacy Act 1988 limits the collection, storage, use and disclosure of personal information about individuals by the ATO, other Commonwealth Government departments and agencies, and investment bodies.

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The TFN guidelines that form part of the Privacy Act 1988 are intended to protect the privacy of individuals by restricting the use and collection of TFN information. Under the Privacy Act 1988, a breach of the guidelines is an interference with the privacy of an individual. Unauthorised use or disclosure of TFNs is an offence and an affected individual may seek compensation. The taxation legislation also places restrictions on the collection, use and disclosure of TFNs. The maximum penalty for a breach of the relevant provisions of the taxation law is a $10,000 fine and/or two years imprisonment.

The Privacy Commissioner’s Guidelines to the National Privacy Principles and other relevant information sheets are available at www.privacy.gov.au

Private sector provisions in the Privacy Act 1988 also regulate the way that many private sector organisations collect, use, secure and disclose personal information. These principles give individuals the right to know what information an organisation holds about them and a right to correct that information if it is wrong.

It is the responsibility of private sector organisations to obtain their own advice on the effect of privacy law, including the National Privacy Principles, on their operations.

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http://www.privacy.gov.au/


3 REPORTING PROCEDURES

REPORTING FOR THE FIRST TIME

Software developers should refer to this specification when developing software for the generation of electronic AIIR. Information is also available on the Software Developers Homepage website at http://softwaredevelopers.ato.gov.au/.

The software developers website is maintained by the ATO on behalf of, and in consultation with the software development industry and business advisers. It facilitates the development and listing of software that may assist businesses meet their obligations.

Commercial software developers are required to register on the software developers website if they wish to list their products on that site. Software developers who do not wish to list their products and investment bodies that develop their own ‘in-house’ applications for generating their own reports do not need to register on the software developers site to access the information on this site. Subscribing for email updates is recommended to ensure you are notified of significant issues.

TEST DATA

The ATO has developed software that software developers may use to self test the contents of their version 9.0.1 electronic AIIR.

The ATO electronic commerce interface (ECI) software can be downloaded and installed on a local computer and used offline to validate the content of AIIR files.

The ECI software generates a comprehensive report containing details of errors detected during the validation process. This will help developers correct errors in their report and ensure their AIIR complies with this specification.

Installing ECI software

1 Go to http://eci.ato.gov.au/ to read the installation instructions and check minimum hardware and software requirements.

2 In the left hand menu, select Download & Install and follow the steps.3 Once you have successfully installed and opened the application, select Annual Investment

Income reports from the left hand menu column.

Installing the ECI software will only allow you to perform testing functions. To transmit data to the ATO, you will need an ABN and a digital certificate. From early April 2010, the AUSkey® will replace the digital certificate. For further information refer to Setting up for the ECI (page 11).

For assistance with installing and using the ECI software:

phone 1300 139 373 fax (02) 6211 9111, or email [email protected]

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http://eci.ato.gov.au/

http://softwaredevelopers.ato.gov.au/


REPORTING ONLINE VIA THE INTERNET

Suppliers are able to submit their electronic AIIR file via the ECI when a data file has been prepared and stored locally.

Data quality and format compatibility checks are performed by the ECI software when the data file is sent. The supplier is immediately advised of any problems. Automatic acknowledgment is provided when the files have been received by the ATO.

The security features of the ECI address the most commonly held concerns over internet-based electronic commerce, namely: authentication (the sender is who they say they are) confidentiality (the communication can only be read by the intended recipient) integrity (the transmission cannot be altered without detection while in transit), and non-repudiation (the sender cannot later deny the transmission and content).

For security purposes AIIR data must not be emailed to any ATO address.

Setting up for the ECI

To use the ECI for online transactions with the ATO, you will need: an ABN – apply electronically for an ABN using the Australian Business Register website at

www.abr.gov.au a digital certificate or from April 2010 AUSkey® (AUSkey® will replace active digital

certificates as they expire) – apply for registration at www.ato.gov.au/onlineservices, and the ECI software installed on your computer.

If you hold a current digital certificate, you may continue to use this until it expires or you may apply for an AUSkey® and use that instead. From early April 2010, if you are registering for the first time, you will need to apply for an AUSkey®.

For more information about AUSkey® click on the link: Stay secure online with AUSkey®

REPORTING VIA ELECTRONIC STORAGE MEDIA

The ATO will accept data on the following types of media: CD-ROMs, DVDs, floppy disks and USB flash drives. Data suppliers may choose the type of media that best suits them. The specification is the same for all types of media.

When the media is ready to be sent to the ATO, complete a Electronic Storage Media Information form. This form must be enclosed with the media. If the media contains multiple data files, also complete and enclose an Electronic Storage Media – Multiple Files form. This form is attached at section 18 Forms (page 166).

UNCLASSIFIED 11

http://www.ato.gov.au/businesses/content.asp?doc=/content/00232396.htm&page=8&H8

http://www.ato.gov.au/businesses/content.asp?doc=/content/00232396.htm&page=8&H8

http://www.ato.gov.au/onlineservices

http://www.abr.gov.au/


The ATO no longer accepts data supplied on mainframe cartridges as a result of an industry-wide phasing out of these devices. Any cartridges received will be returned to the client for re-lodgment of data in an acceptable manner.

CD-ROMs, DVDs, floppy disks and USB flash drives

Pack CD-ROMs, DVDs, floppy disks and USB flash drives in a Floppy Disk Post Pak or similar packaging and mail to:

Media Information Processing ServicesAustralian Taxation OfficePO Box 923ALBURY NSW 2640

The ATO will not pay mailing or courier costs.

FORMAT AND DATA QUALITY

The ATO will process all electronic reports promptly. During processing, the information is checked for format compatibility and data quality. Suppliers will be provided with details if corrective action required.

The quality of the data provided in each report will be monitored and the ATO will advise clients if the content of the reports is unsatisfactory. Failure to comply with field formats and specified validation rules may result in rejection of the report. The supplier will be contacted by letter with details of the corrective action required to enable re-lodgment of the report.

DATA QUALITY CHECKS

During processing, the data is submitted to a series of data quality checks. Failure to comply with the data field formats and validation tests specified in this document may result in the rejection of the data by Data Acquisition and Management. In this case, the media will not be returned to the supplier but the supplier will be required to send replacement media containing corrected data.

REPLACEMENT MEDIA

The ATO will not provide replacement media.

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4 PHYSICAL SPECIFICATIONS

CD-ROMS AND DVDS

The ATO will accept the following optical media types: CD +/- R/RW DVD +/- R/RW (Dual layer)

CD-ROMs and DVDs must be written as DOS text files.

The ATO will not accept DVD-RAM disks. Data must not be compressed.

Care should be taken that the software used to write the data to the media does not format the media into a non-standard format such as UDF (Universal Disk Format). The ATO is not able to process disks formatted in a non-standard manner.

DO NOT split data files across CD-ROMs and DVDs.

USB FLASH DRIVES

USB flash drives must be in USB 2.0 format. The ATO uses IBM compatible equipment so files must be formatted to be read in these machines. There should be no other files on the device.

FLOPPY DISKS

The ATO uses IBM compatible equipment. Disks must be formatted accordingly. The ATO will accept 3.5 inch disks, formatted to 1.44MB (high density).

The ATO will accept disks formatted under any DOS level. Disks must not be formatted as system disks.

Each disk containing a standard AIIR must contain: three Supplier data records Investment body identity record(s) Software record(s) Investment account data record(s) Farm Management Deposit account data record(s) (if any) Supplementary Income account data record(s) (if any) Investor data record(s), and the File total record.

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Where a nil return AIIR is supplied the file must contain: three Supplier data records Investment body identity record(s) Software record(s), and the File total record.

The data file on the disk must not be compressed or archived.

Care must be taken to ensure that a double density disk (usually marked 2S2D or DD) is not formatted in high density mode. Double density disks formatted in high density mode will lose their magnetic flux during transportation (or earlier) and will be unreadable.

NUMBER OF FILES ON MEDIA

The ATO will accept multiple files (datasets) on CD-ROMs, DVDs floppy disks and USB flash drives provided the file naming conventions described in Section 6 is followed. Clients supplying a single file only should also refer to Section 6.

Up to 99 files may be written to a single CD-ROM, DVD, floppy disk or USB flash drive. Each file must be complete and must conform to the requirements specified in this specification.

To ensure all files are extracted from the media supplied, suppliers are requested to complete an Electronic Storage Media - Multiple Files form (See sample forms in 18 Forms (page 166)).

To cater for virus detection facilities, compressed data will not be accepted.

A data file must not be split across CD-ROMs, DVDs, floppy disks or USB flash drives.

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5 DATA FILE FORMATThis section sets out the file format for standard and nil return AIIR. Information on the file format for AIIR containing FMD records is described in further detail in 9 Reporting farm management deposit accounts (page 140).

CONTENT OF A STANDARD AIIR FILE

Each file (dataset) must contain the three Supplier data records (page 75-77) that identify, among other things, the type of report on the media, and the contact name and address of the supplier of the file.

The Supplier data records must be the first three records on each file. The Supplier data records must be reported once only and must be followed directly by the first Investment body identity record.

The Investment body identity record (page 79) must be the fourth record in the file and provides the year of the report, the identity, address and contact details of the investment body and the format of the report.

The Software record (page 82) provides information about the software application used to produce the report.

The Investment account data record(s) (page 82) provide information about the investment account(s) being reported.

The Supplementary income account data record(s) (page 94) provide information about supplementary income being reported.

The Farm management deposit account data record(s) (page 96) provide information about farm management deposits being reported.

The Investor data record(s) (page 97) provide information about the investor(s) belonging to the accounts.

The File total record (page 104 must be the last record on the file (dataset) and must follow the last Investor data record for the last Investment account data record in the last investment body report in the file. It contains the total number of records in the data file.

Only one File total record may be present in each data file.

UNCLASSIFIED 15


SORT ORDER OF A STANDARD AIIR FILE

The sort order of the report for data file must be as follows: the three Supplier data records then the Investment body identity record for the first investment body being reported then the Software record then the Investment account data record (if any) for the first account being reported then the Supplementary income account data record (if any) for the first account being

reported then the Farm management deposit account data record (if any) for the first account being

reported then the Investor data record(s) belonging to that account.

If the investment account is a multiple or joint account with more than one investor linked to it then the Investor data records for all of the investors linked to the account must follow immediately after the Investment account data record or the Supplementary income account data record (if any).

Other Investment account data records and Investor data records in the same investment body report must follow in the same way.

If only one investment body report is to be included in the file, the File total record must follow the last Investor data record for the last Investment account data record in the report.

If more than one investment body report is to be included in the file, another set of records that includes Investment body identity record, Software record, Investment account data record(s) and Investor data record(s) should be included in the file for each additional investment body report to be included.

The File total record must be placed at the end of the file.

Refer to 9 Reporting farm management deposit accounts (page 140) for files containing Farm management deposit account data records.

Refer to 8 Example of a standard AIIR data file (page 106) for files containing Supplementary income account data records.

CONTENT OF A NIL RETURN AIIR FILE

Each file (dataset) must contain the three Supplier data records (page 75-77) that identify, among other things, the type of report on the media, and the contact name and address of the supplier of the file.

UNCLASSIFIED 16


The Supplier data records must be the first three records on each file. The Supplier data records must be reported once only and must be followed directly by the first Investment body identity record.

The Investment body identity record (page 79) must be the fourth record in the file and provides the year of the report, the identity, address and contact details of the reporter and the format of the report. Where the report is a nil return the Report format indicator field must be set to N to indicate that the report is in nil return format.

The Software record (page 82) provides information about the software product used to produce the report.

The File total record (page 104) must be the last record on the file (dataset) to indicate the end of the data. It contains the total number of records in the data file.The following records are not required in a nil return: Investment account data record Supplementary income account data record Farm Management Deposit account data record Investor data record.

Only one File total record may be present in each data file.

SORT ORDER OF A NIL RETURN AIIR FILE

The sort order of the report for data file must be as follows: the three Supplier data records then the Investment body identity record for the first investment body being reported then the Software record.

The Software record is the last record reported for the investment body in the nil return.

If there is no amount withheld, no income to report and no movement of principle of a farm management deposit to report for the year, there is no need to include Investment account data records, Supplementary income account data records, Farm management deposit account data records or Investor data records in the report.

If only one nil return is being reported in the file, the File total record must follow the Software record for the investment body being reported.

If more than one nil return is being reported in the file, then an Investment body identity record and Software record must be added for each nil return AIIR to be included in the file.

The File total record must be placed at the end of the file and must follow the Software record for the last nil return in the file.

UNCLASSIFIED 17


STRUCTURE OF STANDARD AIIR FILES

Structure of a standard AIIR file containing details of only one investment body

Supplier data record 1 Type of Report = A, C or RSupplier data record 2Supplier data record 3

Investment body identity record 1 For investment body 1 Report format = SSoftware recordInvestment account data record 1-1Supplementary income account data record 0 or 1

Supplementary income account data linked to Investment account data record 1-1 (when supplementary income is required to be reported)

Investor data records 1-n Investors linked to Investment account data record 1-1

Investment account data record 1-2Supplementary income account data record 0 or 1



Investment account data record 1-nSupplementary income account data record 0 or 1

Supplementary income account linked to Investment account data record 1-n (when supplementary income is required to be reported)

Investor data records 1-n Investors linked to Investment account data record 1-n

File total record

UNCLASSIFIED 18


Structure of a standard AIIR file containing details of more than one investment body





Investment account data record 1-2Supplementary income account data record 0 or 1




Supplementary income account data linked to Investment account data record 1-n (when supplementary income is required to be reported)





Investment account data record 2-2

UNCLASSIFIED 19


Supplementary income account data record 0 or 1




Supplementary income account data linked to Investment account data record 2-n (when supplementary income is required to be reported)


Repeat the above structure (from the Investment body identity record to the last Investor data record for the investment body) for other investment body reports included in the file.

File total record

UNCLASSIFIED 20


STRUCTURE OF NIL RETURN AIIR FILES

Structure of a NIL return AIIR file containing details of only one investment body

Supplier data record 1 Type of Report = NSupplier data record 2Supplier data record 3

Investment body identity record 1 For investment body 1 Report format = NSoftware record

File total record

Structure of a NIL return AIIR file containing details of more than one investment body


Investment body identity record 1 For investment body 1 Report format = NSoftware recordInvestment body identity record 2 For investment body 2 Report format = NSoftware recordInvestment body identity record 3 For investment body 3 Report format = NSoftware recordInvestment body identity record 4 For investment body 4 Report format = NSoftware recordInvestment body identity record 5 For investment body 5 Report format = NSoftware record

File total record

UNCLASSIFIED 21


STRUCTURE OF A FILE CONTAINING STANDARD AND NIL RETURN AIIR FILES

Structure of a standard AIIR file containing details of more than one investment body where at least one standard AIIR and one NIL return AIIR is includedSupplier data record 1 Type of Report = A, C or RSupplier data record 2Supplier data record 3

Investment body identity record 1 For investment body 1 Report format = SSoftware recordInvestment account data record 1-1Investor data records 1-n Investors linked to


Investment account data record 1-2Investor data records 1-n Investors linked to


Investment account data record 1-nInvestor data records 1-n Investors linked to

Investment account data record 1-n

Investment body identity record 2 For investment body 2 Report format = SSoftware recordInvestment account data record 2-1Investor data records 1-n Investors linked to


Investment account data record 2-2Investor data records 1-n Investors linked to


Investment account data record 2-nInvestor data records 1-n Investors linked to

Investment account data record 2-n

Investment body identity record 3 For investment body 3 Report format = NSoftware recordInvestment body identity record 4 For investment body 4 Report format = NSoftware record

File total record

UNCLASSIFIED 22


LOGICAL STRUCTURE OF A STANDARD AIIR

UNCLASSIFIED 23


LOGICAL STRUCTURE OF A NIL RETURN AIIR FILE

UNCLASSIFIED 24


6 RECORD SPECIFICATIONS

HEADER RECORDS

Multiple files created on media must follow the naming convention set out below.

For files containing original data, the file names must be of the form:DIVINTEX.Annwhere nn is in the range 01 to 99.

For a single file the name must be:DIVINTEX orDIVINTEX.A01

For example, media containing five files would use the following names: DIVINTEX.A01 DIVINTEX.A02 DIVINTEX.A03 DIVINTEX.A04 DIVINTEX.A05

For files containing replacement AIIR, use the file naming format DIVINTEX.Rnn. For files containing NIL Return AIIR, use the file naming format DIVINTEX.Nnn. For files containing corrected AIIR records, use the file naming format DIVINTEX.Cnn.

To ensure all files are extracted from media supplied, suppliers must complete the Electronic Storage Media – Multiple Files form (a sample of which is included in section 18 Forms on page 166).

There must be no other files on the media.

UNCLASSIFIED 25


PHYSICAL RECORDS

CR, LF and EOF markers

The ATO prefers data to be supplied without carriage-return (CR), linefeed (LF) or end-of-file (EOF) markers. For CD-ROM and DVDs all carriage-return (CR) and linefeed (LF) characters must be removed from the data. For other media, if these characters cannot be removed, the following rules apply:

EOF (if supplied) one and only one EOF character is to be supplied and must be the last character of the file,

or if CR/LF characters are used, one EOF character may also be supplied as the last

character of the file. In this case, the last three characters of the file will be CR/LF/EOF (in that order).

CR/LF (if supplied) If CR/LF characters are supplied, they must always occur together as a coupled pair and be

on the end of each record, or the CR/LF coupled pair of characters may occur on the last record as the last two

characters only. In this case, all preceding records must not have CR/LF characters. A special case can occur if only one coupled pair CR/LF is used in conjunction with an EOF character where the last three characters will be CR/LF/EOF (see (b), above).

CR/LF and EOF characters are not part of the data supplied and, if used, must be additional characters to the record length. All records must be 850 characters in length.

A simple check can be used to ensure that the record length of a fixed length file is correct. The length of the file supplied to the ATO must be a multiple of the fixed record length.

Example 1 – for files that do not contain CR/LF at the end of each record

DIVINTEX file record length is 850 characters Length of the file DIVINTEX = 85000 80000 / 800 = 100 and 0 remainder Therefore the file DIVINTEX is OK

If length of the file DIVINTEX = 85100 85100 / 850 = 100 and 100 remainder Therefore there is an error in the file DIVINTEX

UNCLASSIFIED 26


Example 2 – for files that contain CR/LF at the end of each record

(This is only a check of the file length and the 852 characters must only be used for division. All record lengths in the data must be 850.) DIVINTEX file record length is 852 characters (record 850 + CR/LF 2) Length of the file DIVINTEX = 85200 80200 / 802 = 100 and 0 remainder Therefore the file DIVINTEX is OK

If length of the file DIVINTEX = 85300 85300 / 852 = 100 and 100 remainder Therefore there is an error in the file DIVINTEX

If an error in the division occurs, the file must be corrected before it is sent to the ATO.

Examples of errors that may occur: One or more of the records is longer or shorter than the fixed length of 850 characters. There are characters at the end of the file that need to be removed. For example:

– an EOF marker,– an additional CR/LF (if providing CR/LF there should only be one CR/LF at the end

of the file) (see above), or– binary zeros.

UNCLASSIFIED 27


DESCRIPTION OF TERMS USED IN DATA RECORD SPECIFICATIONS

The following tables show data records and their elements. The tables contain the following columns:

Character position – the start and end position of the field in the record.

Field length – the length of the data item in bytes.

Field format – the format type of the field:

A is alphabetic (A-Z) – characters in alphabetic fields must be in upper case and left justified, one byte per character. Character positions not used must be space filled.

For example, SMITH in a ten character field would be reported as SMITHbbbbb (the character b is used to indicate spaces).

AN is alphanumeric – both upper and lower case alphabetic characters and numeric characters are acceptable, one byte per character. Character positions in alphanumeric fields must be left justified. Character positions not used must be space filled.

For example 10 FIRST STREET in a 20 character alphanumeric field would be reported as 10bFIRSTbSTREETbbbbb (the character b is used above to indicate spaces).

DT is a date in DDMMCCYY format. If the day or month component is less than 10, insert a leading zero.

For example: 26 March 2011 would be reported as 26032011 9 November 2011 would be reported as 09112011.

If the date is mandatory it must be a valid date, otherwise see date under the optional field type on the next page.

N is numeric (0-9), one byte per digit. Numeric fields must be right justified and the character positions not used must be zero filled.

For example, 123456789 in an 11 digit field would be reported as 00123456789.

Values reported in amount fields must be right justified and zero filled and must not contain

alpha characters, dollar signs, commas, plus or minus signs, decimal points or spaces. All amounts must be reported in cents (Australian).

For example, in a 12 character numeric (amount) field: $1234.99 would be reported as 000000123499 $122.16 would be reported as 000000012216 $567.00 would be reported as 000000056700 $00.00 would be reported as 000000000000.

UNCLASSIFIED 28


Field type – codes used are:

M the value in a mandatory field that must be provided. For single character mandatory fields, a space is NOT a valid value.

ALPHA: field must not start with a space or be space filledALPHANUMERIC: field must not start with a space or be space filledNUMERIC: field must not start with a space and may be zero filledDATE: field must not be zero filled.

O the data must be reported if available. If the data is not available:ALPHA: if not present, field must be space filledALPHANUMERIC: if not present, field must be space filledNUMERIC: if not present, field must be zero filledDATE: if not present, field must be zero filled.

C a valid value that must be reported where specified conditions are met.

S For use by the ATO. It must be space filled and must not contain binary zeros.

Field name – a brief description of the field.

Definitions & edit rules – the paragraph reference number for the detailed definition and any validation tests applicable.

UNCLASSIFIED 29


SUPPLIER DATA RECORD 1

Character position

Field length

Field format

Field type

Field name Definitions & edit rules

1-3 3 N M Record length 7.14-17 14 AN M Record identifier (=IDENTREGISTER1) 7.218-28 11 N M Supplier Australian business number 7.329-29 1 A M Run type 7.430-37 8 DT M Financial year end date 7.538-38 1 A M Data type 7.639-39 1 A M Type of report (A=Original, C=Corrected,

R=Replacement, N=NIL Return)7.7

40-40 1 A M Type of return media 7.841-50 10 AN M ATO reporting specification version

number7.9

51-51 1 A M File format validation method 7.1052-850 799 A S Filler 7.11


Character position

Field length

Field format

Field type


1-3 3 N M Record length 7.14-17 14 AN M Record identifier (=IDENTREGISTER2) 7.1218-217 200 AN M Supplier name 7.13218-255 38 AN M Supplier contact name 7.14256-270 15 AN M Supplier contact telephone number 7.15271-285 15 AN O Supplier facsimile number 7.16286-310 25 AN M Supplier file reference 7.17311-335 25 AN C Supplier file reference of file being

replaced or containing records to be corrected.

7.18

336-850 515 A S Filler 7.11

UNCLASSIFIED 30



Character position

Field length

Field format

Field type


1-3 3 N M Record length 7.14-17 14 AN M Record identifier (=IDENTREGISTER3) 7.1918-55 38 AN M Supplier street address - line 1 7.2056-93 38 AN O Supplier street address - line 2 7.2094-120 27 AN M Supplier suburb, town or locality 7.21121-123 3 A M Supplier state or territory 7.22124-127 4 N M Supplier postcode 7.23128-147 20 AN C Supplier country 7.24148-185 38 AN O Supplier postal address - line 1 7.25186-223 38 AN O Supplier postal address - line 2 7.25224-250 27 AN O Supplier suburb, town or locality 7.26251-253 3 A O Supplier state or territory 7.27254-257 4 N O Supplier postcode 7.28258-277 20 AN O Supplier country 7.29278-353 76 AN C Supplier email address 7.30354-850 497 A S Filler 7.11

UNCLASSIFIED 31


INVESTMENT BODY IDENTITY RECORD

Character position

Field length

Field format

Field type


1-3 3 N M Record length 7.14-11 8 AN M Record identifier (=IDENTITY) 7.3112-16 5 N M Sequence number of IDENTITY record 7.3217-20 4 N M Financial year 7.3321-31 11 N M Investment body Australian business

number (ABN) or withholding payer number (WPN)

7.34

32-34 3 N M Investment body branch number 7.3535-234 200 AN M Investment body registered name 7.36235-310 76 AN O Investment body trading name 7.37311-348 38 AN M Investment body address - line 1 7.38349-386 38 AN O Investment body address - line 2 7.38387-413 27 AN M Suburb, town or locality 7.39414-416 3 A M State or territory 7.40417-420 4 N M Postcode 7.41421-440 20 AN C Country 7.42441-478 38 AN O Investment body contact name 7.43479-493 15 AN O Investment body contact telephone

number7.44

494-508 15 AN O Investment body contact facsimile number

7.45

509-584 76 AN O Investment body contact email address 7.46585-585 1 A M Reporting period indicator 7.47586-593 8 DT C SAP year end date 7.48594-594 1 A O Future reporting obligation 7.49595-849 255 A S Filler 7.11850-850 1 A M Report format indicator 7.50

SOFTWARE RECORD

Character position

Field length

Field format

Field type


1-3 3 N M Record length 7.14-11 8 AN M Record identifier (=SOFTWARE) 7.5112-91 80 AN M Software product type 7.5292-850 759 A S Filler 7.11

UNCLASSIFIED 32


INVESTMENT ACCOUNT DATA RECORD

Character position

Field length

Field format

Field type


1-3 3 N M Record length 7.14-11 8 AN M Record identifier (=DACCOUNT) 7.5312-19 8 N M Sequence number of DACCOUNT record 7.5420-44 25 AN M Investment reference number 7.5545-69 25 AN O Account reference number 7.5670-75 6 N O BSB number 7.5776-105 30 AN O Branch location 7.58106-305 200 AN M Account name 7.59306-307 2 N M Number of investors in the account 7.60308-309 2 N M Number of investor records provided 7.61310-317 8 DT M Date of payment 7.62318-318 1 AN M Type of investment 7.63319-321 3 A M Type of payment 7.64322-323 2 N C Term of investment 7.65324-335 12 N C TFN withholding tax deducted (cents) 7.66336-347 12 N C TFN withholding tax refunded (cents) 7.67348-359 12 N C Non-resident withholding amount

deducted (cents)7.68

360-371 12 N C Non-resident withholding amount refunded (cents)

7.69

372-383 12 N C Cash or non-cash value of an investment related betting chance prize (cents)

7.70

384-395 12 N C Interest (cents) 7.71396-407 12 N C Unfranked dividends not declared to be

conduit foreign income (cents)7.72

408-419 12 N C Unfranked dividends declared to be conduit foreign income (cents)

7.73

420-431 12 N C Franked dividends (cents) 7.74432-443 12 N C Franking credit (cents) 7.75444-455 12 N C Other taxable Australian income

component of UTD (cents)7.76

456-467 12 N C Non-primary production income from UTD (cents)

7.77

468-479 12 N C Other deductions relating to distributions from UTD (cents)

7.78

480-491 12 N C Discounted capital gain component of UTD (cents)

7.79

492-503 12 N C Indexed capital gain component of UTD (cents)

7.80

UNCLASSIFIED 33


INVESTMENT ACCOUNT DATA RECORD (CONTINUED)

Character position

Field length

Field format

Field type


504-515 12 N C Other capital gain component of UTD (cents)

7.81

516-527 12 N C CGT concession amount (cents) 7.82528-539 12 N C Net capital gain component of UTD

(cents)7.83

540-551 12 N C Total current year capital gains component of UTD (cents)

7.84

552-563 12 N C Taxable foreign capital gain component of UTD (cents)

7.85

564-575 12 N C Assessable foreign source income (UTD component or other payment) (cents)

7.86

576-587 12 N C Other net foreign source income component of UTD (cents)

7.87

588-599 12 N C Foreign tax credits on UTD or other payment (cents)

7.88

600-611 12 N C Australian franking credits from a New Zealand company (UTD component or other payment) (cents)

7.89

612-623 12 N C Tax-exempted component of UTD (cents) 7.90624-635 12 N C Tax-free component of UTD (cents) 7.91636-647 12 N C Tax-deferred component of UTD (cents) 7.92648-659 12 N C Trust deductions not included elsewhere

(cents)7.93

660-671 12 N C Credit for amounts withheld from UTD under foreign resident withholding (cents)

7.94

672-683 12 N C Credit for tax paid by trustee on UTD (cents)

7.95

684-695 12 N C Non-resident beneficiary ss98(3) assessable amount (cents)

7.96

696-707 12 N C Non-resident beneficiary ss98(4) assessable amount (cents)

7.97

708-783 76 AN C Interposed entity name 7.98784-794 11 N C Interposed entity TFN or ABN 7.99795-806 12 N C Managed investment trust fund payments 7.100807-818 12 N C Amounts withheld from managed

investment trust fund payments7.101

819-850 32 A S Filler 7.11

UNCLASSIFIED 34


SUPPLEMENTARY INCOME ACCOUNT DATA RECORD

Character position

Field length

Field format

Field type


1-3 3 N M Record length 7.14-11 8 AN M Record identifier (=DACCSUPP) 7.10212-14 3 A M Supplementary income payment type 7.10315-16 2 N M Sequence number of DACCSUPP record 7.10417-28 12 N C National Rental Affordability Scheme tax

offset (cents)7.105

29-40 12 N C Primary production income (cents) 7.10641-52 12 N C Credit for Australian Business Number

amounts withheld (cents)7.107

53-64 12 N C Deductions relating to distribution of primary production income (cents)

7.108

65-76 12 N C Deductions relating to distribution of non-primary production income (cents)

7.109

77-88 12 N C Attributed income from Transferor trusts (cents)

7.110

89-100 12 N C Attributed foreign income from Foreign investment fund or Foreign life assurance policy (cents)

7.111

101-112 12 N C Attributed foreign income from Controlled Foreign Company (cents)

7.112

113-124 12 N C Net foreign rent (cents) 7.113125-850 726 A S Filler 7.11

If the Supplementary income account data record is utilised, it must follow immediately after

an associated Investment account data record.

The design of the Supplementary income account data record allows for future growth of

fields for all payment types. In this version of the AIIR this record will be used exclusively by managed funds. Therefore, if supplementary income is to be reported, there will only be a need for one Supplementary income account data record per Investment account data record with a payment type of UTD.

The Supplementary income account payment type reported in the Supplementary income

account data record should always be the same Type of payment as the Investment account data record immediately preceding it.

UNCLASSIFIED 35


FARM MANAGEMENT DEPOSIT ACCOUNT DATA RECORD

Character position

Field length

Field format

Field type


1-3 3 N M Record length 7.14-11 8 AN M Record identifier (=DFMDACCT) 7.11412-19 8 N M Sequence number of DFMDACCT record 7.11520-44 25 AN M Investment reference number 7.5545-69 25 AN O Account reference number 7.5670-75 6 N O BSB number 7.5776-105 30 AN O Branch location 7.58106-305 200 AN M Account name 7.59306-317 12 N C Amount of deposit (cents) 7.116318-325 8 DT C Date of deposit 7.117326-337 12 N C Total amount of repayments (cents) 7.118338-349 12 N C Amount of transfer in (cents) 7.119350-357 8 DT C Date of transfer in 7.120358-369 12 N C Amount of transfer out (cents) 7.121370-377 8 DT C Date of transfer out 7.122378-385 8 DT C Date of original deposit 7.123386-397 12 N C TFN withholding tax deducted from

repayments in the financial year (cents)7.124

398-850 453 A S Filler 7.11

UNCLASSIFIED 36


INVESTOR DATA RECORD

Character position

Field length

Field format

Field type


1-3 3 N M Record length 7.14-12 9 AN M Record identifier (=DINVESTOR) 7.12513-14 2 N M Sequence number of DINVESTOR record 7.12615-39 25 AN M Investment reference number 7.5540-64 25 AN C Customer reference number 7.12765-65 1 A M Investor entity type 7.12866-74 9 N M Investor tax file number 7.12975-85 11 N C Investor Australian business number 7.13086-105 20 AN C Non-resident investor tax identification

number7.131

106-135 30 AN C Individual investor surname 7.132136-150 15 AN C Individual investor first given name 7.133151-165 15 AN O Individual investor second given name 7.134166-173 8 DT C Individual investor date of birth 7.135174-174 1 A C Sex 7.136175-374 200 AN C Non-individual investor name 7.137375-412 38 AN C Australian address – line 1 7.138413-450 38 AN O Australian address – line 2 7.138451-477 27 AN C Australian suburb, town or locality 7.139478-480 3 A C Australian state or territory 7.140481-484 4 N C Australian postcode 7.141485-492 8 DT C Date of change of residency status from

resident to non-resident7.142

493-530 38 AN C Overseas address – line 1 7.143531-568 38 AN C Overseas address – line 2 7.143569-595 27 AN C Overseas suburb, town or locality 7.144596-630 35 AN C Overseas state or province 7.145631-639 9 AN C Overseas postal code 7.146640-677 38 AN C Overseas country 7.147678-680 3 A C Non-resident investor overseas country

code 7.148

681-718 38 AN C Non-resident investor country of residence for tax purposes

7.149

719-726 8 DT C Date of change of residency status from non-resident to resident

7.150

727-741 15 AN O Investor daytime contact telephone number

7.151

742-850 109 A S Filler 7.11

UNCLASSIFIED 37


FILE TOTAL RECORD

Character position

Field length

Field format

Field type


1-3 3 N M Record length 7.14-13 10 AN M Record identifier (=FILE-TOTAL) 7.15214-21 8 N M Number of records 7.15322-29 8 N M Count of IDENTITY records in the file 7.15430-37 8 N M Count of DACCOUNT records in the file 7.15538-45 8 N M Count of DACCSUPP records in the file 7.15646-53 8 N M Count of DFMDACCT records in the file 7.15754-61 8 N M Count of DINVESTOR records in the file 7.15862-850 789 A S Filler 7.11

UNCLASSIFIED 38


7 DATA FIELD DEFINITIONS AND VALIDATION RULES

REPORTING OF NAME FIELDS

Valid values for names are:A-Z 0-9 ( ) < > & / “ @ # apostrophe hyphen space

Names must be left justified. Character positions not used must be space filled.

Where name fields are reported, they must not contain a space at the beginning of the field, nor may they contain two spaces between words.

For individual investors, the components of the individual's name – surname, first given name and second given name must be reported in separate fields as specified.

Titles, prefixes and suffixes (for example, Ms, Mr, Dr, OBE) must not be reported in the name fields.

Components of multi-word surnames, such as VAN DER GRAAF, should be separated by single spaces.

Hyphens should be retained in hyphenated surnames names such as HARDING-SMITH and hyphenated given names such as MARY-LOUISE.

Where the individual investor has a legal single name only, the first given name and second given name fields must be space filled. The legal single name must be provided in the Individual investor surname field.

Non-individual investor names, trading names and account names should be reported in full with one space between words and any initials that occur in the name. Care must be taken with some non-individual names to differentiate between initials and actual words.

For example: W.R. and J.B. Smith Pty Ltd would be reported as

‘WbRbANDbJbBbSMITHbPTYbLTD’; but

ABC Driving School Pty Ltd would be reported as ‘ABCbDRIVINGbSCHOOLbPTYbLTD’.

REPORTING AUSTRALIAN ADDRESSES

It is important that address information provided in the reports supports the automatic issue of correspondence to suppliers, investment bodies and investors. Address fields in all records provide for a standard structure in reporting with: two fields (two lines) of 38 characters provided for the street address information, and separate fields for suburb/town/locality, state/territory and postcode.

UNCLASSIFIED 39


Valid values are:A-Z 0-9 ( ) & / “ apostrophe hyphen space

Where address fields are mandatory, they must not contain a space at the beginning of the field, nor may they contain two spaces between words.

Where the street address is longer than two lines, C/O lines are to be omitted.

Address information reported in ‘AN’ or ‘A’ fields must be left justified with single spaces between words. Character positions not used must be space filled.

For example, in a 38 character address line field, 14 GREEN STREET would be reported as follows: 14bGREENbSTREETbbbbbbbbbbbbbbbbbbbbbbb

The suburb/town/locality, state/territory and postcode must be supplied in the separate fields provided and must not be included in the first or second address line fields.

The Australian state or territory field must contain the state or territory for the address. The field must be set to one of the codes shown below:

ACT Australian Capital TerritoryNSW New South WalesNT Northern TerritoryQLD QueenslandSA South AustraliaTAS TasmaniaVIC VictoriaWA Western AustraliaOTH Overseas addresses

Where an overseas address is reported in the address fields in a Supplier data record or an Investment body identity record, set the applicable state or territory field to OTH.

Where an overseas address is reported in the overseas address fields of an Investor data record and no Australian address details are reported, space fill the Australian state or territory field.

No other abbreviations are acceptable.

The Australian postcode field is numeric and must contain a valid postcode or 0000. Postcodes of less than 4 numbers must be right justified and zero filled on the left. For example, an NT postcode such as ‘803’ would be reported as 0803.

Where an overseas address is reported in the address fields of a Supplier data record or an Investment body identity record, the postcode field must always be set to 9999.

UNCLASSIFIED 40


Where an overseas address is reported in the overseas address fields of an Investor data record and no Australian address details are reported, zero fill the Australian postcode field.

REPORTING OVERSEAS ADDRESSES FOR NON-RESIDENT INVESTORS FOR TAX PURPOSES

Under Regulation 56 of the Income Tax Regulations 1936, investment bodies are required to report an overseas address for investors who advise they are a non-resident for tax purposes. It is the investor’s responsibility to advise their financial institution of their non-resident for tax purposes status and their overseas address.

INCOME TAX REGULATIONS 1936 PART 6 - TAX FILE NUMBERS REGULATION 56 ANNUAL INVESTMENT INCOME REPORTS

56(4)Subject to subregulation (4A), the report must state, in relation to each investment, in respect of the financial year:

(h) where the investment body has paid an amount of income to a non-resident:

(i) the overseas address of the non-resident; and

(ii) the overseas address code applicable to that address, being one of the codes specified by the Commissioner; and

(iii) the total of any amount withheld under Subdivision 12-F of Schedule 1 to the Taxation Administration Act 1953 (TAA 1953) and any payment made under Division 14 of that Schedule because of the operation of Subdivision 12-F; and

(iv) the total of any amounts withheld from fund payments under Subdivision 12-H of Schedule 1 of the TAA 1953.

For overseas addresses for non-resident investors for tax purposes, report: overseas street address in the Overseas address line 1 and 2 fields overseas suburb, town or city in the Overseas suburb, town or locality field overseas state or province in the Overseas state or province field overseas postal code in the Overseas postal code field name of the country of residence in the Overseas country field country code applicable to the overseas country of residence in the Non-resident investor

country code field, and name of the country of residence for tax purposes in the Non-resident investor country of

residence for tax purposes field.

If an investor changes residency status during the financial year, the date of change of residency status from resident to non-resident or non-resident to resident should be reported in the appropriate fields.

A full list of country names and country codes is available on the ATO website at www.ato.gov.au/large/content.asp?doc=/content/47185.htm

UNCLASSIFIED 41

http://www.ato.gov.au/large/content.asp?doc=/content/47185.htm


UNCLASSIFIED 42


For example, if a non-resident (for tax purposes) investor's residential address is '275 Central Park West, Apartment 14F, New York USA 100244466; and their country of residence for tax purposes is United Kingdom; and they have provided an Australian postal address; and they have not changed their residency status during the reporting period, their address details would be reported in the Investor data record as follows:

Character position

Field length

Field format

Field type

Field name Content

375-412 38 AN C Australian address – line 1 C/- TAYLOR & BROWN413-450 38 AN O Australian address – line 2 PO BOX 555451-477 27 AN C Australian suburb, town or

localitySYDNEY

478-480 3 A C Australian state or territory NSW481-484 4 N C Australian postcode 2001485-492 8 DT C Date of change of residency

status from resident to non-resident

00000000

493-530 38 AN C Overseas address – line 1 275 CENTRAL PARK WEST

531-568 38 AN C Overseas address – line 2 APARTMENT 14F569-595 27 AN C Overseas suburb, town or

localityNEW YORK

596-630 35 AN C Overseas state or province NEW YORK631-639 9 AN C Overseas postal code 100244466640-677 38 AN C Overseas country UNITED STATES OF

AMERICA678-680 3 A C Non-resident investor

overseas country codeUSA

681-718 38 AN C Non-resident investor country of residence for tax purposes

UNITED KINGDOM

719-726 8 DT C Date of change of residency status from non-resident to resident

00000000

If the investment body has captured both an Australian address and an overseas address for a non-resident investor for tax purposes, then report the Australian address in the Australian address fields and the overseas address in the overseas address fields.

UNCLASSIFIED 43


The following rules have been provided for the reporting of different Australian and overseas address combinations.

See also information on Non-residents – change of residency status during the year.

Recorded address details Reported address details

Australian address fields

Overseas address fields

Australian residential or business only

Australian residential or business

Completed Space or zero fill

Australian postal only Australian postal Completed Space or zero fill

Australian residential or business and Australian postal



Australian residential or business and Overseas postal



Overseas residential or business only

Overseas residential or business

Space or zero fill Completed

Overseas postal only Overseas postal Space or zero fill Completed

Overseas residential or business and Australian postal

Overseas residential or business and Australian postal

Completed Completed

Overseas residential or business and Overseas postal

Overseas residential or business

Space or zero fill Completed

REPORTING INTERPOSED ENTITIES

Solicitors

When investments are made through an intermediary such as a solicitor, the intermediary is known as an interposed entity. The interposed entity notionally has the same reporting responsibilities as a normal investment body. However, the interposed entity may satisfy its reporting responsibility by providing the identity details, including full name and TFN or ABN where quoted, of the primary investors, to the secondary investment body. Otherwise, the interposed entity must assume full reporting responsibility under section 202DDB of the ITAA 1936.

Amounts of income reported to the ATO by the secondary investment body on behalf of the primary investor will be attributed to the primary investor, where they can be matched to the primary investor. If the interposed entity varies the amount paid to the primary investor, for example, by deduction of fees or other costs, the investor should be advised to return the gross amount of income and claim the costs as allowable deductions in their tax return.

Reporting the primary investor's TFN with the interposed entity's name and address in the Investor data record does not enable the income to be attributed to the primary investor, nor does reporting the interposed entity as the account holder on behalf of the primary investor when the interposed entity's TFN or ABN, name and address are reported in the Investor data record. In these cases, the interposed entity is required to lodge an AIIR containing full identity and payment details for each of its primary investors.

UNCLASSIFIED 44


Below is an example of an interposed entity.

T A Law and Associates do not wish to take on the responsibility of reporting investment income. Therefore, they provide Susan Smith's details, including her name and TFN or ABN if quoted, to the ABC Bank Limited when investing money on her behalf.

The ABC Bank Limited reports Susan Smith's identity and income details to the ATO in their AIIR and includes the name and TFN or ABN of the interposed entity, T A Law & Associates, in the Interposed entity name and Interposed entity TFN or ABN fields in the Investment account data record. The supply of interposed entity details is essential in the event of Susan Smith being contacted by the ATO as she may not be aware that T A Law and Associates have invested her funds with the ABC Bank Limited. The interposed entity information is necessary to provide this link.

If the interposed entity, T A Law and Associates, provides its own identity details to the secondary investment body, it is obliged to lodge an AIIR containing the identity and income details of its primary investors.

Other interposed entities

Other examples of interposed entities include investor directed portfolio services, nominee and custody services, and other bodies corporate. Where an interposed entity places an investment with a secondary investment body on behalf of another investor who is entitled to receive all or part of the investment income paid to the account, whether the interposed entity provides its own or the primary investor's identity details to the secondary investment body, the interposed entity should make its interposed entity status known to the secondary investment body. The name and TFN or ABN of the interposed entity should be reported in the Interposed entity name and Interposed entity TFN or ABN fields in the Investment account data record.

Providing the name and TFN or ABN of the interposed entity in the appropriate fields in the Investment Account data record will help to determine whether the reported investor details belong to the primary investor or the interposed entity.

Where an interposed entity provides its own identity details to a secondary investment body in connection with an investment it makes on behalf of another investor who is entitled to receive all or part of the income paid into the account, the interposed entity is required to lodge an AIIR containing the identity and payment details of the investor(s) entitled to receive the income.

UNCLASSIFIED 45


Reporting the primary investor's TFN with the interposed entity's name and address details does not enable income to be attributed to the primary investor and on its own, does not confirm the interposed entity status of the reported investor.

Other entities not considered interposed entities

It should be noted that unit trusts are not interposed entities. The fact that a fund manager may invest pooled capital in a variety of investments is not relevant. The unit trust is an investment body in its own right and issues statements to unit holders relating to interest and other forms of income paid as a result of the investment.

ACCOUNT SIGNATORIES

Do not report details of account signatories who are not investors in the account. In the past, some investment bodies have reported details of account signatories as well as actual investor(s) in the Investor data records. Such reporting is incorrect and causes problems when the ATO matches the reported investment income amounts to amounts declared in income tax returns.

Example 1

An account is held in the name of Mrs Muriel Jones, an elderly pensioner. Her daughter Sandra Williams is a signatory to the account but does not own the funds deposited in the account. The interest paid to the account belongs to Mrs Muriel Jones. Only one Investor data record containing Muriel's information should be provided. Sandra's details should not be reported in the AIIR.

Example 2

An account is held in the name of the Sandy Bay Tennis Club. The club office bearers, Sam Brown, Lucy Watts and Susan Roberts are the authorised signatories to the account. The club and not the three office bearers is the owner of the funds in the account and entitled to any investment income earned by the account. When the interest payment is reported, only one Investor data record should be provided, containing the name of the Sandy Bay Tennis Club in the Non individual investor name field. The club signatories should not be reported as investors in the account.

REPORTING DECEASED INVESTORS

When an individual investor has died during the reporting period, the Investor entity type reported in the Investor data record must be reported as D (deceased individual).

If the client's surname and given names have been retained in separate surname and given name fields in the account record, report these names in the Individual investor surname and Given name fields in the Investor data record.

If a formal trust has been set up for the deceased estate and a Trust TFN has been quoted, report the Trust TFN and report the name of the trust in the Non-individual investor name field of the Investor data record. Refer to the section Reporting accounts held by trusts (page 62).

UNCLASSIFIED 46


If the investment body has not been advised that a formal trust has been set up but has been informed that the investor has died and has changed the format of the client's name to a name string such as 'The estate of the John Smith’, report this name string in the Non-individual investor name field and not in the Individual investor surname field of the Investor data record.

For information relating to the reporting of joint accounts where one person has deceased during the financial year, refer to the One party deceases section of Reporting accounts held by partnerships and joint owners on page 70.

NON-RESIDENTS – CHANGE OF RESIDENCY STATUS DURING THE YEAR

Full information available: Reporting two sets of investor records

If a resident investor becomes a non-resident investor for tax purposes or a non-resident investor for tax purposes becomes a resident investor during the financial year, ideal reporting will provide two sets of Investment account data records and Investor data records for the account:: one set for the period the investor was a resident, and one set for the period the investor was a non-resident

The date of change of residency status from resident to non-resident or from non-resident to resident should be included in the appropriate Investor data record, if this information is available.

Full information not available: Reporting one set of investor records

If a non-resident investor for tax purposes becomes a resident during the year, report the investor as a resident. Report the investor’s Australian address in the Australian address fields. Include the Date of change of residency status from non-resident to resident, if this information is available. If the non-resident’s previous overseas address is still available, report this in the overseas address fields. Report any non-resident withholding amount deducted from or refunded to the account while the investor was a non-resident. If the investor’s previous overseas address is not available, report OTH in the Non-resident investor overseas country code field.

If a resident investor becomes a non-resident during the year, report the investor as a non-resident. Report the investor’s overseas address in the overseas address fields. Include the Date of change of residency status from resident to non-resident, if this information is available. If an Australian address is held for the investor, report this address in the Australian address fields. Report any TFN withholding tax deducted from or refunded to the account while the investor was a resident.

UNCLASSIFIED 47


REPORTING OF UNIT TRUST DISTRIBUTIONS (UTD)

Unit trusts, such as cash management trusts, fixed interest trusts, mortgage trusts, property security trusts, property trusts, Australian equity trusts, international equity trusts, other wholesale and retail funds and unit trust schemes typically distribute income that is subject to varying forms of tax treatment. For example, as well as assessable Australian income, distributions often include: capital gains foreign source income foreign tax credits, and tax-exempted, tax free and tax deferred amounts.

Sometimes repayment of principal is also part of the distribution made to clients. This principal amount is not investment income and should not be reported in the AIIR.

Generally an expense should first be offset against the income item that best represents the expense incurred. If the expense exceeds the income then the balance should be offset against other income items on a reasonable basis. Should the expense exceed all income items, then any excess can be offset against a capital gain (if any). If the expense cannot be matched against an item of income, for example, an administrative expense in managing the investment, then the expense should be apportioned against all income items on a reasonable basis. If the investment body is a trust then an amount of negative return (ie a loss) cannot be distributed and must be carried forward to a future year.

Investment bodies reporting UTDs in their AIIR must identify these payments by setting the Type of payment field to UTD in the Investment account data record. The details of the various taxable and non-taxable components of the distribution to investors must be reported in the relevant fields in the Investment account data record in accordance with this specification. Failure to do so is likely to result in the calculation of incorrect income discrepancies between amounts reported in the AIIR and amounts declared in clients' income tax returns.

Supplementary income account data record

The standard distribution statement is the format recommended by the ATO and the Investment and Financial Services Association (IFSA) for disclosure by managed funds of tax information to resident individuals for completion of tax returns, relevant schedules and other requirements.

The Supplementary income account data record aims to align the investment income reported in the AIIR with the investment income provided to the investor in the annual distribution statement.

The Supplementary income account data record is designed to be examined annually by the ATO to ensure the requested information remains aligned to the standard distribution statement.

This record is to be used to report supplementary income only. There is to be a preceding Investment account data record containing the details of unit trust income. The Supplementary income data account record must be followed by an Investor data record.

UNCLASSIFIED 48


Investment bodies reporting these supplementary amounts in their AIIR must identify these payments by setting the Supplementary income payment type field to UTD in the Supplementary income account data record.

Refunds of principal should not be reported in the AIIR.

UNCLASSIFIED 49


1. Example of a standard distribution statement, investment account data record and supplementary income account data record for a resident investor

Standard distribution statement - 2011 tax return information for the year ended 30 June 2011

Part A: Summary of 2011 tax return (supplementary section) itemsThe labels at items on the tax return are the white letters inside coloured boxes on the Tax return for individuals (supplementary section) 2011.

Tax return (supplementary section) Amount Tax return label

AIIR definitions & edit rules

Primary production income 210 13L 7.106Other deductions relating to distributions 18 13X 7.108Non-primary production income 160 13U 7.77Other deductions relating to distributions 15 13Y 7.109Franking credits 30.00 13Q 7.75Credit for tax file number (TFN) amounts withheld

10.00 13R #1

Total current year capital gains 230 18H 7.84Net capital gain 160 18A 7.83Assessable foreign source income 220 20E 7.86Other net foreign source income 220 20M 7.87Foreign income tax offsets 43 20O 7.88

#1 – This amount is the difference between the amounts reported at 7.66 TFN withholding tax deducted and 7.67 TFN withholding tax refunded

Part B: Capital gains tax information – additional information for item 18

Capital gains: discount method 140 (grossed up amount)Capital gains: indexation method 60 7.80Capital gains: other method 30 7.81Total current year capital gains 230 7.84Capital gains tax (CGT) concession amount

70 7.82

Tax-deferred amounts 30 7.92

UNCLASSIFIED 50


Part C: Components of a distribution

Components of a distribution Cash Tax paid Taxable amount


Australian income Franking credits

Primary production income 210.00 210.00 7.106Interest 10.00 10.00 7.71Unfranked dividends not declared to be conduit foreign income

50.00 50.00 7.72

Unfranked dividends declared to be conduit foreign income

10.00 10.00 7.73

Franked dividends 70.00 30.00 100.00 7.74, 7.75Other taxable Australian income 5.00 5.00 7.76Less other allowable trust deductions -15.00 -15.00 7.93Non-primary production income 130.00 30.00 160.00 7.77Capital gains Foreign

income tax offset

Discounted capital gain 65.00 5.00 70.00 7.79Capital gains tax (CGT) concession amount

70.00 0.00 7.82

Capital gains: indexed capital gain 53.00 7.00 60.00 7.80Capital gains: other method 30.00 30.00 7.81Total current year capital gains 218.00 12.00 230.00 7.84Net capital gains 160.00 7.83Foreign source incomeAssessable foreign source income 189.00 31.00 220.00 7.86Other net foreign source income 189.00 43.00 (7.88)Attributed foreign income from controlled foreign company

0.00 7.112

Other non-assessable amountsTax-exempted amount 25.00 7.90Tax-free amount 15.00 7.91Tax-deferred amount 30.00 7.92Credits and deductionsAustralian franking credits from a New Zealand company

0.00 7.89

Other expenses 33.00 7.108, 7.109TFN withholding tax deducted 10.00 7.66TFN withholding tax refunded 0.00 7.67Credit for ABN amounts withheld 0.00 7.107Amounts withheld under foreign resident withholding

0.00 7.94

Tax paid by trustee 0.00 7.95National Rental Affordability Scheme tax offset

0.00 7.105

UNCLASSIFIED 51


Managed investment trust amountsManaged investment trust fund payments and withheld amounts

0.00 0.00 (7.101) 0.00 7.100

The above details would be reported as follows using both the Investment account data record and the Supplementary income account data record:

Investment account data record

Character position

Field name Content Explanation

Definitions & edit rules

318-318 Type of investment 5 Units Trust 7.63319-321 Type of payment UTD 7.64322-323 Term of investment 00 N/A to UTD 7.65324-335 TFN withholding tax deducted

(cents)000000001000

$10.00 7.66

336-347 TFN withholding tax refunded (cents)

000000000000

$0.00 7.67

348-359 Non-resident withholding amount deducted (cents)

000000000000

$0.00 7.68

360-371 Non-resident withholding amount refunded (cents)

000000000000

$0.00 7.69

372-383 Cash or non-cash value of an investment related betting chance prize (cents)

000000000000

$0.00 7.70

384-395 Interest (cents) 000000001000

$10.00 7.71

396-407 Unfranked dividends not declared to be conduit foreign income (cents)

000000005000

$50.00 7.72

408-419 Unfranked dividends declared to be conduit foreign income (cents)

000000001000

$10.00 7.73

420-431 Franked dividends (cents) 000000007000

$70.00 7.74

432-443 Franking credit (cents) 000000003000

$30.00 7.75

444-455 Other taxable Australian income component of UTD (cents)

000000000500

$5.00 7.76

456-467 Non-primary production income from UTD (cents)

000000016000

$160.00 7.77

468-479 Other deductions relating to distributions from UTD (cents)

000000000000

$0.00 7.78

480-491 Discounted capital gain component of UTD (cents)

000000007000

$70.00 7.79

492-503 Indexed capital gain component of UTD (cents)

000000006000

$60.00 7.80

504-515 Other capital gain component of UTD (cents)

000000003000

$30.00 7.81

UNCLASSIFIED 52


516-527 CGT concession amount (cents) 000000007000

$70.00 7.82

528-539 Net capital gain component of UTD (cents)

000000016000

$160.00 7.83

540-551 Total current year capital gains component of UTD (cents)

000000023000

$230.00 7.84

552-563 Taxable foreign capital gain component of UTD (cents)

000000000000

$0.00 7.85

564-575 Assessable foreign source income (UTD component or other payment)(cents)

000000022000

$220.00 7.86

576-587 Other net foreign source income component of UTD (cents)

000000022000

$220.00 7.87

588-599 Foreign tax credits on UTD or other payment (cents)

000000004300

$43.00 7.88

600-611 Australian franking credits from a New Zealand company (UTD component or other payment) (cents)

000000000000

$0.00 7.89

612-623 Tax-exempted component of UTD (cents)

000000002500

$25.00 7.90

624-635 Tax-free component of UTD (cents)

000000001500

$15.00 7.91

636-647 Tax-deferred component of UTD (cents)

000000003000

$30.00 7.92

648-659 Other trust deductions not included elsewhere (cents)

000000001500

$15.00 7.93

660-671 Credit for amounts withheld from UTD under foreign resident withholding (cents)

000000000000

$0.00 7.94

672-683 Credit for tax paid by trustee on UTD (cents)

000000000000

$0.00 7.95

684-695 Non-resident beneficiary ss98(3) assessable amount (cents)

000000000000

$0.00 7.96


000000000000

$0.00 7.97

708-783 Interposed entity name XYX NOMINEES

7.98

784-794 Interposed entity TFN or ABN 00000000000 7.99795-806 Managed Investment Trust Fund

Payments or Filler000000000000

$0.00 7.100

807-818 Amounts withheld from Managed Investment Trust Fund Payments or Filler

000000000000

$0.00 7.101

819-850 Filler 7.11

UNCLASSIFIED 53



Character position



17-28 National rental affordability scheme tax offset (cents)

000000000000

$0.00 7.105

29-40 Primary production Income (cents)

000000021000

$210.00 7.106

41-52 Credit for Australian Business Number amounts withheld (cents)

000000000000

$0.00 7.107

53-64 Deductions relating to distribution of primary production income (cents)

000000001800

$18.00 7.108

65-76 Deductions relating to distribution of non-primary production income (cents)

000000001500

$15.00 7.109

77-88 Attributed income from Transferor trusts (cents)

000000000000

$0.00 7.110

89-100 Attributed foreign income from Foreign investment fund or Foreign life assurance policy (cents)

000000000000

$0.00 7.111

101-112 Attributed foreign income from Controlled Foreign Company (cents)

000000000000

$0.00 7.112

113-124 Net foreign rent (cents) 000000000000

$0.00 7.113

125-850 Filler 7.11

UNCLASSIFIED 54


THE FOLLOWING TWO EXAMPLES ARE DIRECT EXTRACTS FROM THE STANDARD DISTRIBUTION STATEMENT WHICH IS AVAILABLE ON www.ato.gov.au.

2. Example of a standard distribution statement and investment account data record for a resident investor.


Part A: Summary of 2011 tax return (supplementary section) itemsThe labels at items on the tax return are the white letters inside coloured boxes on the Tax return for individuals (supplementary section) 2011.Tax return (supplementary section) Amount Tax return label AIIR definitions & edit

rulesNon-primary production income 165 13U 7.77

Other deductions relating to distributions 4 13Y 7.78

Franking credits 30.00 13Q 7.75

Credit for tax file number (TFN) amounts withheld

10.00 13R #1

Total current year capital gains 225 18H 7.84

Net capital gain 155 18A 7.83

Assessable foreign source income 220 20E 7.86

Other net foreign source income 220 20M 7.87

Foreign income tax offsets 38 20O 7.88

#1 –This amount is the difference between the amounts reported at 7.66 TFN withholding tax deducted and 7.67 TFN withholding tax refunded

Part B: Capital gains tax information – additional information for item 18

Capital gains: discounted method 140 (grossed up amount)

Capital gains: other method 85 7.81

Total current year capital gains 225 7.84

Capital gains tax (CGT) concession amount 70 7.82


Part C: Components of distribution

Cash distribution

Tax paidor tax offsets

Taxableamount


Dividends:franked amount

70 30.00 100 7.74, 7.75

Dividends:unfranked amount

60 60 7.72

Interest 20 20 7.71

Other income 15 15 7.76

Less other allowable trust deductions –30 –30 7.93

Non-primary production income (A) 135 30.00 165 7.77

Capital gains* Foreign income tax

offset**

UNCLASSIFIED 55

http://www.ato.gov.au/


Discounted capital gain 65 5.00 70 7.79

Capital gains tax (CGT) concession amount 70 0 7.82

Capital gains: other method 83 2.00 85 7.81

Distributed capital gains (B) 218 7.00 (Total 225) 7.84

Net capital gains 155 7.83

Foreign incomeAssessable foreign source income 189 31.00 220 7.86

Cash distribution (C) 189 38.00 (7.88)

Cash distribution sub-total (add A, B and C) 542

Other non-assessable amountsTax-exempted amounts 25 7.90

Tax-free amounts 15 7.91


Gross cash distribution 612

Other deductions from distributionTFN amounts withheld -10 7.66

Other expenses -4 7.78

Net cash distribution 598



Character position




(cents)000000001000

$10.00 7.66


000000000000

$0.00 7.67


000000000000

$0.00 7.68


000000000000

$0.00 7.69


000000000000

$0.00 7.70

384-395 Interest (cents) 000000002000

$20.00 7.71


000000006000

$60.00 7.72


000000000000

$0.00 7.73

UNCLASSIFIED 56



$70.00 7.74


$30.00 7.75


000000001500

$15.00 7.76


000000016500

$165.00 7.77


000000000400

$4.00 7.78


000000007000

$70.00 7.79


000000000000

$0.00 7.80


000000008500

$85.00 7.81


$70.00 7.82


000000015500

$155.00 7.83


000000022500

$225.00 7.84


000000000000

$0.00 7.85


000000022000

$220.00 7.86


000000022000

$220.00 7.87


000000003800

$38.00 7.88


000000000000

$0.00 7.89


000000002500

$25.00 7.90


000000001500

$15.00 7.91


000000003000

$30.00 7.92


000000003000

$30.00 7.93


000000000000

$0.00 7.94


000000000000

$0.00 7.95


000000000000

$0.00 7.96

UNCLASSIFIED 57



000000000000

$0.00 7.97


7.98



$0.00 7.100


000000000000

$0.00 7.101

819-850 Filler 7.11

UNCLASSIFIED 58


3. Example of a standard distribution statement, investment account data record and supplementary income account data record for a resident investor


Part A: Summary of 2011 tax return (supplementary section) itemsThe labels at items on the tax return are the white letters inside coloured boxes on the Tax return for individuals (supplementary section) 2011.

Tax return (supplementary section) Amount Tax return label AIIR definitions & edit rules

Primary production income 15,000 13L 7.106

Other deductions relating to distribution 1,500 13X 7.108

Non-primary production income 22,000 13U 7.77

Other deductions relating to distributions 1,500 13Y 7.109

Part C: Components of distribution

Cash distribution

Tax paidor tax offsets

Taxableamount


Australian income Franking credits

Primary production income (A1) 15,000 15,000 7.106

Other income 22,500 22,500 7.76

Less other allowable trust deductions -500 -500 7.93

Non-primary production income (A2) 22,000 22,000 7.77

Net Australian income (A = A1 + A2) 37,000 37,000

Cash distribution sub-total (A) 37,000

Other deductions from distributionOther expenses 3,000 7.108, 7.109

Net cash distribution 34,000



Character position




(cents)000000000000

$0.00 7.66


000000000000

$0.00 7.67


000000000000

$0.00 7.68


000000000000

$0.00 7.69

UNCLASSIFIED 59



000000000000

$0.00 7.70

384-395 Interest (cents) 000000000000

$0.00 7.71


000000000000

$0.00 7.72


000000000000

$0.00 7.73


$0.00 7.74


$0.00 7.75


000002250000

$22,500.00 7.76


000002200000

$22,000.00 7.77


000000000000

$0.00 7.78


000000000000

$0.00 7.79


000000000000

$0.00 7.80


000000000000

$0.00 7.81


$0.00 7.82


000000000000

$0.00 7.83


000000000000

$0.00 7.84


000000000000

$0.00 7.85


000000000000

$0.00 7.86


000000000000

$0.00 7.87


000000000000

$0.00 7.88


000000000000

$0.00 7.89


000000000000

$0.00 7.90


000000000000

$0.00 7.91


000000000000

$0.00 7.92

UNCLASSIFIED 60



000000050000

$500.00 7.93


000000000000

$0.00 7.94


000000000000

$0.00 7.95


000000000000

$0.00 7.96


000000000000

$0.00 7.97


7.98



$0.00 7.100


000000000000

$0.00 7.101

819-850 Filler 7.11


Character position



17-28 National rental affordability scheme tax offset (cents)

000000000000 $0.00 7.105

29-40 Primary production Income (cents)

000001500000 $15,000.00 7.106

41-52 Credit for Australian Business Number amounts withheld (cents)

000000000000 $0.00 7.107


000000150000 $1,500.00 7.108


000000150000 $1,500.00 7.109

77-88 Attributed income from Transferor trusts (cents)

000000000000 $0.00 7.110

89-100 Attributed foreign income from Foreign investment fund or Foreign life assurance policy (cents)

000000000000 $0.00 7.111


000000000000 $0.00 7.112

113-124 Net foreign rent (cents) 000000000000 $0.00 7.113125-850 Filler 7.11

UNCLASSIFIED 61


UNCLASSIFIED 62


REPORTING DEFERRED INTEREST SECURITIES

The reporting requirements vary, depending upon if the security is transferable or not. Transferable securities are not defined as ‘eligible deferred interest investments’ by

subsection 221YHZA(1) of the ITAA 1936. The income earned by qualifying transferable securities is taxable on an accruals basis (as per Division 16E of the ITAA 1936).

Non-transferable securities are defined as ‘eligible deferred interest investments’ by subsection 221YHZA(1) of the ITAA 1936. This means that accrued interest must be reported annually, as set out in sub regulation 56(4)(fa). The income earned by qualifying non-transferable securities is taxable on an accruals basis (as per Division 16E of the ITAA 1936). In addition, the TFN rules relating to TFN or ABN quoting and deduction of withholding tax apply. This is supported by Taxation Determination 92/185.

Reporting arrangements

Transferable securities are to be reported as follows: Year 1 – Interest paid = nil. Year 2 and subsequent years (except final) – Interest paid = nil. Final year – Interest paid = full amount of interest accrued over the term of the security for

the relevant investor.

If periodic interest is paid on the transferable security this amount must be reported as a separate transaction. As the taxpayer will generally be required to return the interest as it accrues, the final year's report will overstate the assessable income for that investment. Failure to identify the investment as a Deferred Interest Security (see below) could result in an unnecessary income discrepancy letter being sent to the client by the ATO.

Non-transferable eligible securities are to be reported as follows: Year 1 – Interest paid = periodic interest plus any accrued interest. Year 2 and subsequent years (except final) – Interest paid = periodic interest plus any

accrued interest. Final year – Interest paid = periodic interest plus any accrued interest.

The income reported each year should equal the amount of income the taxpayer should include in their tax return. However, it is still advisable to identify the investment as a Deferred Interest Security (see below).

Identification of investments

Payments of interest for transferable deferred interest securities and all non-transferable eligible securities are to be identified by the Type of payment field on the Investment account data record being set to DIS.

For transferable deferred interest securities the term of investment is also to be provided in the Term of investment field on the Investment account data record.

UNCLASSIFIED 63


REPORTING ACCOUNTS HELD BY TRUSTS

A formal trust is one that has been established under a formal arrangement such as a trust deed or a will. Although it is not a separate legal entity, it is an entity for tax purposes. This means that the entity has a trust TFN and the trustee is required to lodge a trust income tax return to the Commissioner. The trustee can be a natural person or a company.

An informal trust is one where no such formal arrangement exists, there is no trust TFN and there is no requirement to lodge a trust income tax return to the Commissioner. Where a trust relationship has not been properly established, a trust has not been created. The trust income is taxed in the hands of the person who owns the property (the trustee) rather than in the hands of the beneficiaries.

Investor Entity type

Reporting requirement

Formal trust One Investment Account data record followed by one supplementary income account data record (if required), followed by one Investor data record.In the Account name field in the Investment Account data record, report 'Trust name' or ‘Trustee as trustee for (ATF) Trust’

If the trustee quotes the trust's TFN or ABN, report investor details as follows:Investor entity type = TTrust TFN or ABN as quoted by the trustee'Trust name' in the Non-individual investor name field.Individual investor surname and given name fields should be space filled.See Example 1 below.If the trustee quotes the trustee's TFN, report investor details as follows:Investor entity type = TTrustee's TFN or ABN as quoted by the trustee'Trustee ATF Trust' in the Non-individual investor name field, for example 'JOHN SMITH ATF THE SMITH FAMILY TRUST', or'ABC COMPANY PTY LTD ATF XYZ INVESTMENT TRUST'.Individual investor surname and given name fields should be space filled.See Example 2 below.

Informal trust One Investment Account data record followed by one supplementary income account data record (if required), followed by one or more Investor data records.In the Account name field in the Investment Account data record report'Name of trustee ATF the person for whom the funds are held in trust', for example 'John Smith ATF Wendy Smith OR ABC Company Pty Ltd ATF ABC Trust

Where the trustee is an individual, report investor details as follows:Investor entity type = I 'Trustee’s TFN' as quoted by the trustee'Trustee’s surname and given names' reported in the Individual investor surname and Individual investor given name fieldsThe Non-individual investor name field should be space filled. See example 3 below.

Where there is more than one individual trustee, a separate Investor data

UNCLASSIFIED 64




record should be provided for each individual trustee. See example 4 below.

Where trustee is a non-individual, report investor details as follows:Investor entity type = C (If trustee is a Company)'Trustee’s TFN' as quoted by the trustee'Trustee’s name' in the Non-individual investor name fieldIndividual investor surname and given name fields should be space filled.

Where there are two or more non-individual trustees, provide a separate Investor data record for each trustee.

Account opened by a third party that is not a Solicitor or an interposed entity

Where a third party, that is not a solicitor or an interposed entity, opens an account on behalf of a client and the client is entitled to receive all or part of the income from the investment and the third party provides all of the investor's details to the investment body, report the investment account and investor details as follows:

In the Account name field in the Investment account data record, report the 'Name of third party on behalf of (OBO) the investor name'.Report the investor's TFN or ABN and other details in the Investor data record.

If the investor is an individual,Report the investor's surname and given names in the Individual investor surname and given name fields.Non-individual investor name fields should be space filled.Report the investor's date of birth and address details if this information is available.

If the investor is a non-individual,Report the investor's full name in the Non-individual investor name field.Individual investor surname and given name fields should be space filled. Report the investor's address details if this information is available.See example 5 below.

UNCLASSIFIED 65


Example 1

An account opened by trustee Robert Smith for the ABC Family Trust (a formal trust) where the trust TFN 12345678 is quoted, would be reported as follows:


Character position

Field length


106-305 200 Account name ABC FAMILY TRUST orROBERT SMITH ATF ABC FAMILY TRUST

Full name of account:Name of Trust orTrustee ATF Trust

306-307 2 Number of investors in the account

01 One investor linked to account

308-309 2 Number of investor records provided

01 One Investor data record provided

Note: ATF=as trustee for

Investor data record

Character position

Field length


65-65 1 Investor entity type T T=Trust66-74 9 Investor tax file number 012345678 TFN of the Trust75-85 11 Investor Australian

business number00000000000 Zero fill this field if an

ABN is not quoted86-105 20 Non-resident investor

tax identification numberSpace fill this field if a TIN is not quoted

106-135 30 Individual investor surname

Space fill this field

136-150 15 Individual investor first given name


151-165 15 Individual investor second given name


166-173 8 Individual investor date of birth

00000000 Zero fill this field.

174-174 1 Sex Space fill this field175-374 200 Non-individual investor

nameABC FAMILY TRUST Name of the Trust

(NOT the name of the trustee)

UNCLASSIFIED 66


Example 2

An account opened by trustee Robert Smith for the ABC Family Trust (a formal trust) where the trustee’s TFN 912345678 is quoted, would be reported as follows:


Character position

Field length


106-305 200 Account name ROBERT SMITH ATF ABC FAMILY TRUST

Full name of account:Trustee ATF Trust







Character position

Field length


65-65 1 Investor entity type T T=Trust66-74 9 Investor tax file number 912345678 TFN of the Trustee75-85 11 Investor Australian











00000000 Zero fill this field


nameROBERT SMITH ATF ABC FAMILY TRUST

Name of Trustee ATF for the Trust

UNCLASSIFIED 67


Example 3

An account held by William Bruce Brown as trustee for his son Rusty (an informal trust with no trust TFN or ABN and the trustee has quoted his own TFN or ABN) would be reported as follows:


Character position

Field length


106-305 200 Account name WILLIAM BRUCE BROWN ATF RUSTY BROWN

Full name of account:Trustee ATF beneficiary







Character position

Field length


65-65 1 Investor entity type I I = Individual66-74 9 Investor tax file number 987654321 TFN of trustee75-85 11 Investor Australian





BROWN Surname of trustee


WILLIAM First given name of trustee


BRUCE Second given name of trustee


24041952 DOB of trustee

174-174 1 Sex M Sex of trustee175-374 200 Non-individual investor

nameSpace fill this field

UNCLASSIFIED 68


Example 4

An account held by Richard Henry and Wendy Marie Jones in trust for their daughter Helen (an informal trust with no trust TFN or ABN where the joint "trustees" have provided their own TFNs or ABNs) would be reported as follows:


Character position

Field length


106-305 200 Account name RICHARD HENRY JONES AND WENDY MARIE JONES ITF HELEN JONES

Full name of account


02 Two investors linked to account


02 Two Investor data records provided

Note: ITF=in trust for

Investor data record (for Richard Henry Jones)

Character position

Field length


65-65 1 Investor entity type I I = Individual66-74 9 Investor tax file number 765412398 TFN of first trustee75-85 11 Investor Australian





JONES Surname of first trustee


RICHARD First given name of first trustee


HENRY Second given name of first trustee


06041954 DOB of first trustee

174-174 1 Sex M Sex of first trustee175-374 200 Non-individual investor

nameI Space fill this field

UNCLASSIFIED 69


Investor data record (for Wendy Marie Jones)

Character position

Field length


65-65 1 Investor entity type I I = Individual66-74 9 Investor tax file number 678876431 TFN of second trustee75-85 11 Investor Australian





JONES Surname of second trustee


WENDY First given name of second trustee


MARIE Second given name of second trustee


16031956 DOB of second trustee

174-174 1 Sex F Sex of second trustee175-374 200 Non-individual investor

nameI Space fill this field

UNCLASSIFIED 70


Example 5

An account opened by a third party (not a solicitor or an interposed entity) on behalf of a client, where the client is entitled to receive all of the income from the investment account, and all of the client’s identity details are provided to the investment body, would be reported as follows:


Character position

Field length


106-305 200 Account name J S SMITH & G J GREEN OBO LOCAL FOOTBALL CLUB

Full name of account:Third party OBO Client





Note: OBO=on behalf ofInvestor data record

Character position

Field length


65-65 1 Investor entity type C C = Incorporated organisation

66-74 9 Investor tax file number 789456789 TFN of Incorporated organisation

75-85 11 Investor Australian business number

00000000000 Zero fill this field if an ABN is not quoted

86-105 20 Non-resident investor tax identification number

Space fill this field if a TIN is not quoted










nameLOCAL FOOTBALL CLUB orJ S SMITH & G J GREEN OBO LOCAL FOOTBALL CLUB

Name of the investor or Name of third party OBO investor

Note: OBO=on behalf of

UNCLASSIFIED 71


DISTRIBUTIONS FROM CORPORATE UNIT TRUSTS AND PUBLIC TRADING TRUSTS

Corporate unit trusts and public trading trusts, whose distributions to unit holders are treated as dividends for income tax purposes, should report these amounts in the appropriate dividend amount fields and report DIV rather than UTD in the Type of payment field.

REPORTING ACCOUNTS HELD BY PARTNERSHIPS AND JOINT OWNERS

A formal partnership arrangement can be identified by the existence of a partnership agreement, a partnership TFN or ABN and a requirement to lodge a partnership tax return. Where a partnership entity does not exist for tax purposes, the joint holders of the account should be treated as separate investors.



Formal partnership

One Investment Account data record followed by one supplementary income account data record (if required), followed by one Investor data record.In the Account name field in the Investment Account data record, report 'Partnership name'Report investor details in the Investor data record as follows:Investor entity type = P'Partnership TFN or ABN' as quoted'Partnership name' in the Non-individual investor name fieldIndividual investor surname and Given name fields should be space filled.

Informal partnershipORjoint account held by two or more separate investors

One Investment Account data record followed by one supplementary income account data record (if required), followed by two or more Investor data records.In the Account name field in the Investment Account data record, report the name of the accountProvide separate Investor data records for each investorWhere an investor is an individual, report investor details as follows:Investor entity type = ITFN or ABN quoted by the individual'Individual investor's names' in Individual investor surname and Given name fields in the Investor data record, Non-individual investor name field should be space filled.

Where an investor is a non-individual, report investor details as follows:Investor entity type = C, P, T, S, G, O 'TFN or ABN' quoted by the non-individual investor'Non-individual investor's name' in the Non-individual investor name fieldIndividual investor surname and Given name fields should be space filled.

Unequal shares

Holders of accounts in joint names are presumed to have joint beneficial ownership of the moneys in equal shares; therefore, interest is to be returned equally. Clients are considered to have beneficial ownership of the interest earned from a joint bank account unless they prove otherwise.

UNCLASSIFIED 72


Within the AIIR, the full amount of income attributable to the account is reported for each investor within a joint account. The amount should not be split between the account holders because the ATO system divides the amount of income by the number of investors reported in the joint account record.

If the client advises the investment body that the beneficial ownership of the monies is not in equal shares, the investment body can report this information in the AIIR by providing a separate account record for each investor with their share of investment income paid.

One party deceases

When one of the parties to a joint bank account dies there is no requirement for a grant of probate. In such cases, the asset will automatically be transmitted to the surviving joint owner by the production of a death certificate. That is, the share of the joint bank account under law does not form part of the estate.

From taxation perspective, where one of the parties to a joint account dies then the interest which accrues on the account should be declared by the account holders in the following fashion: Up to date of death: - Declared in proportions according to joint ownership of the account. From date of death: - Declared by the remaining account holders. For example if the

account was a 2 person account then the interest would be declared by the sole remaining account holder.

The purpose of the AIIR is to enable the ATO to correctly match the income declared by taxpayers with what their investment body states within the AIIR. As soon as the ATO has processed the AIIR, the investment income information is made available to investors by pre-filling the information into the correct income labels in e-tax that allows individuals to complete and lodge their income tax returns electronically. The ATO also provides this information to tax agents to help them complete the investor’s tax return. It is therefore important that whenever an account changes (such as a deceased taxpayer being removed from the account) that the AIIR be subsequently adjusted to reflect the income which belongs to the account holders during the year of income.

From an AIIR perspective the ATO would expect that the investment body would do one of the following:

Option 1 - When one of the account holders dies this effectively closes the account and a fresh account should be opened for the remaining account holder(s).

Following option 1 enables the correct matching of income. That is, the AIIR would reflect joint income up to the date of death (and closure of account) and would reflect the income of the remaining account holder(s) from the date of death (in the new account).

Option 2 - If the investment body decides to maintain the account but remove one of the names from the account then this would need to be reflected in the AIIR. This could be achieved by having two separate entries in the AIIR. Using the example of a two person joint account where one person dies, report an ‘I’ entry showing interest up to the date of death and a ‘D’ entry showing interest from the date of death.

UNCLASSIFIED 73


If the options presented are not followed and the deceased investor is simply removed from the account this could result in the remaining account holder receiving an income matching audit on income which they do not have to declare ie joint income up to the date of death.

If the account was jointly owned by more than two account holders then the AIIR would need to reflect the deceased being removed from the account.

For further information please refer to the section Reporting deceased investors (page 45).

REPORTING ACCOUNTS HELD BY NON-INDIVIDUAL ENTITIES

Where an account is held by a company, the company's TFN or ABN and registered company name should be reported. The name and TFN of the Public Officer or other signatory to the account should not be reported.

Some investment bodies are still reporting individual investor names and TFNs in the Investor data records associated with account details for corporate and other non-individual clients.

Names of individuals should NOT be reported in the Investor data record for corporate and other non-individual accounts (Investor entity type field = C, P, T, S, G or O).

UNCLASSIFIED 74


Investor entity type


Company or incorporated organisation

Report the name of the company or organisation in the Account name field in the Investment account data record Provide one Investor data record for the company, as follows:Investor entity type = CCompany’s TFN or ABN as quoted

Registered name of company in Non-individual investor name fieldIndividual investor surname and Given name fields should be space filled.

Superannuation fund

Report the name of the superannuation fund in the Account name field in the Investment account data record Provide one Investor data record for the superannuation fund, as follows:Investor entity type = S'Superannuation fund TFN or ABN' as quoted 'Name of Superannuation fund' in Non-individual investor name fieldIndividual investor surname and Given name fields should be space filled.

DO NOT report the TFNs, surnames and given names of individual trustees in separate Investor data records as if they are investors in the account.

If the trustee(s) name(s) are reported they should be reported in the Account name field and in the Non-individual investor name fields as follows:John and Mary Smith ATF The Smith Superannuation fund, orABC Company P/L ATF XYX Superannuation fund.

Government body

Report the name of the government body in the Account name field in the Investment account data record Provide one Investor data record for the government body, as follows:Investor entity type = G'Organisation’s TFN or ABN' as quoted 'Name of the organisation' in Non-individual investor name fieldIndividual investor surname and Given name fields should be space filled.Details of account signatories should not be reported in Investor data records.

Other non-individual investors (including unincorporated entities and non-individual investors where the entity type is not known)

Report the name of the non-individual investor in the Account name field in the Investment account data record, for example:SANDY BAY TENNIS CLUB or J JONES & K SMITH OBO SANDY BAY TENNIS CLUB(Note: OBO=on behalf of)Provide one Investor data record for the non-individual investor, as follows:Investor entity type = O (or C if incorporated)'Entity’s TFN or ABN' as quoted'Name of entity' in Non-individual investor name field, for example, SANDY BAY TENNIS CLUBIndividual investor surname and Given name fields should be space filled.Details of account signatories should not be reported in Investor data records.

UNCLASSIFIED 75


DATA FIELD DEFINITIONS

Supplier data record 1

7.1 Record length – must be set to 850.

7.2 Record identifier – must be set to IDENTREGISTER1.

7.3 Supplier Australian business number – the ABN of the data supplier. This must be a valid ABN. Refer to section 14 Algorithms (page 154) for information on ABN/WPN validation.

For suppliers who have a WPN instead of an ABN, this must be a valid WPN.If reporting via the internet using the ATO’s ECI, only a valid ABN is acceptable in this field. If reporting via other methods, a valid ABN or WPN is acceptable in this field.

7.4 Run type – the run type of the data in the file. This field must be set to either T for test data or P for production data.

7.5 Financial year end date – the end date of the financial year to which all reports in the file relate.

For example, if all reports in the file relate to the financial year 01/07/2010 to 30/06/2011, then report the Financial year end date as 30062011.

Only AIIR for the same financial year should be supplied in the same file. AIIR for different financial years should be supplied in separate files.

Investment bodies must report income details for a normal financial year, that is, for the period 01 July to 30 June.

Where an investment body, operating on a substituted accounting period (SAP), makes any payments to investors operating on a normal financial year, the investment body must comply with the above requirement.

Where an investment body, operating on a SAP, only makes payments to investors operating on the same SAP, the investment body should report these payments in accordance with its own SAP.

Provision has been made in the Investment body data record for an investment body, reporting in accordance with a SAP, to report their SAP year end date.

For an investment body reporting in accordance with a SAP, values reported in the Financial year end date and SAP year end date should indicate whether the investment body is early or late balancing for the financial year.

Irrespective of whether an investment body is reporting in accordance with a normal financial year or a SAP, the date reported in this field must be the end of a normal financial year, that is 3006CCYY.

UNCLASSIFIED 76


7.6 Data type – the type of data supplied in the file. For AIIR this field must be set to I.

7.7 Type of report – the report type of data being lodged. This field must be set to one of the following values:

A – The file contains one or more original AIIR.Original AIIR in standard or nil return format can be supplied in the same file.

Do not supply replacement AIIR or AIIR containing corrected records in the same file as original AIIR.

R – The file contains one or more AIIR to replace AIIR that have been previously supplied.Replacement AIIR in standard or nil return format can be supplied in the same file.

Do not supply original AIIR or AIIR containing corrected records in the same file as replacement AIIR. (Refer to section 10 Sending files containing replacement AIIR.)

N – The file contains nil return AIIR only. (Refer to section 11 Sending files containing NIL Return AIIR.)

C – The file contains corrected account and investor records for a previously supplied AIIR.

Do not supply original or replacement AIIR in the same file as AIIR containing corrected records. (Refer to section 12 Sending files containing corrected AIIR records.)

7.8 Type of return media – the type of media to be used by the ATO when returning information to the supplier. For AIIR, the ATO can provide corrected TFN and ABN information to suppliers on electronic storage media or via ECI. This field must contain one of the following values:P – return data on paper only (mandatory where data is supplied on paper)M – return data on electronic storage media N – return data via ECI

For further information about the return of corrected TFN and ABN data on electronic storage media or via ECI refer to sections 16 and 17.

7.9 ATO reporting specification version number – the version number of the specification used to produce the report. For reports produced using this specification, this field must be set to FINVAV09.0.

7.10 File format validation method – the method of file format validation used by the software developer, computer service provider or investment body developing their own software. This field must be set to one of the following values:E – ECI validatorN – not validated

7.11 Filler – for ATO use. This field must be space filled and must not contain binary zeros.

UNCLASSIFIED 77




7.13 Supplier name – the name of the organisation supplying the data. If a computer service provider is supplying data on behalf of an investment body, then the name of the computer service provider must be provided in this field.

7.14 Supplier contact name – the name of a person in the organisation sending the data who will be able to answer questions about any problems with the media or the file format, but not necessarily about the content of the data in the file.

7.15 Supplier contact telephone number – the telephone number of the nominated supplier contact person from the organisation sending the data. This field must contain either: the area code followed by the telephone number (02b1234b5678), or a mobile phone number (0466b123b456).(The character b is used above to indicate spaces).

This must be the direct number of the contact person whose name appears in the Supplier contact name field in the Supplier data record 2, and must not be a 1300, 1800 or call centre number.

7.16 Supplier facsimile number – the supplier's facsimile number should be provided where possible. This field must contain the area code followed by the fax number for example, 02b1234b5678.(The character b is used above to indicate spaces).

7.17 Supplier file reference – a unique supplier file reference must be provided for each AIIR file sent to the ATO by the same supplier for the same financial year. This is to enable ATO staff to identify the file when contacting the supplier about the file and to enable a replacement file or a file containing corrected records to be correctly linked to the original file.

7.18 Supplier file reference of file being replaced or containing records to be corrected – when sending a replacement file or a file containing corrected records, the Supplier file reference of the original file must be provided in this field. This is to enable a replacement file or a file containing corrected records to be correctly linked to the original file.



7.20 Supplier street address (lines 1 and 2) – the street address only (excluding suburb, town or locality and postcode) of the supplier. The fields are part of the address for the return of electronic storage media to the supplier. It may not be necessary to use both lines. If the second line is not used then the field must be space filled.

7.21 Supplier suburb, town or locality – the suburb, town or locality of the street address of the supplier. This field is part of the address for the return of electronic storage media to the supplier.

UNCLASSIFIED 78


7.22 Supplier state or territory – the state or territory of the street address of the supplier. This field is part of the address used for the return of electronic storage media to the supplier. The field must be set to the appropriate code listed on page 40.

7.23 Supplier postcode – the postcode of the street address of the supplier. This field is part of the address for the return of electronic storage media to the supplier. If an overseas address is provided, then this field must be set to 9999.

7.24 Supplier country – the country of the street address of the supplier. This field may be space filled if the country is Australia. If the Supplier Postcode is 9999 then a country other than Australia must be entered.

7.25 Supplier postal address (lines 1 and 2) – the postal address only (excluding suburb, town or locality and postcode) of the supplier. These fields are part of the address for all correspondence to the supplier. It may not be necessary to use both lines. If the second line is not used then the field must be space filled. If line 1 is space filled then line 2 must also be space filled.

7.26 Supplier suburb, town or locality – the suburb, town or locality of the postal address of the supplier. This field is part of the address for correspondence to the supplier. If the Supplier postal address – line 1 is not space filled then this field is mandatory. If the Supplier postal address – line 1 is space filled then this field must also be space filled.

7.27 Supplier state or territory – the state or territory of the postal address of the supplier. This field is part of the address for correspondence sent to the supplier. This field must be set to the appropriate code listed on page 40. If the Supplier postal address – line 1 is not space filled then this field is mandatory. If the Supplier postal address – line 1 is space filled then this field must also be space filled.

7.28 Supplier postcode – the postcode of the postal address of the supplier. This field is part of the address for correspondence sent to the supplier. If the Supplier postal address – line 1 is space filled then this field must also be zero filled.

If an overseas address is reported, set the ‘postcode’ to 9999.

7.29 Supplier country – the country of the postal address of the supplier. This field is part of the address for correspondence sent to the supplier. This field may be space filled if the country is Australia. If the Supplier postcode is 9999 then the Supplier country must be a country other than Australia. If the Supplier postal address – line 1 is space filled then this field must also be space filled.

7.30 Supplier email address – the supplier's email address. The ATO can communicate with clients using email and it is expected that some correspondence to suppliers may be issued this way. Where the AIIR file is supplied via ECI, the supplier’s email address must be provided. If present, this must be a valid email address, that is, @ must be positioned after the first character and before the last character.

UNCLASSIFIED 79


Investment body identity record

7.31 Record identifier – must be set to IDENTITY.

7.32 Sequence number of IDENTITY record – the sequence number of the Investment body identity record in the file.

Where the Type of report = A (original AIIR) the sequence number should be the sequence number of the Investment body identity record in the current file. Where the Type of report = R (replacement AIIR) or C (AIIR containing corrected records), the sequence number should be the sequence number of the Investment body identity record in the original file.

7.33 Financial year – the financial year to which the income relates. The year must be provided in CCYY format and must not be greater than the current financial year.

For example, if the information reported is for the financial year 01 July 2010 to 30 June 2011, the Financial year must be reported as 2011.

Only one financial year can be reported per file.

Investment bodies must report income details for the normal financial year (01 July to 30 June). Where an investment body, operating on a substituted accounting period (SAP), makes payments to investors operating on a normal financial year, the investment body must still comply with this requirement.

Where an investment body, operating on a SAP, makes payments to investors operating on the same SAP, the investment body may report these payments in accordance with its own SAP. If an investment body operating on a SAP with a year end date of 31 December makes payments to investors operating on the same SAP, then the year to which the payments relate should be reported in this field.

7.34 Investment body Australian business number (ABN) or withholding payer number (WPN) – the investment body’s current ABN or WPN must be reported in this field. This must be a valid ABN or WPN. Refer to Section 14 Algorithms (page 154) for information on ABN/WPN validation.

The ABN or WPN reported in this field must belong to the investment body named in this record. This is an 11 digit numeric field. Valid values are 0-9. DO NOT space fill this field. If a WPN is reported, it must be right justified and zero filled on the left

An entity that manages a number of funds and has a separate ABN for each fund, should lodge a separate AIIR for each fund with the ABN and registered name of that fund in the Investment body identity record. One or more AIIR can be included in the one file.

UNCLASSIFIED 80


7.35 Investment body branch number – the branch number of the investment body providing the report. If the investment body does not have a branch number or the branch number is not known, this field must be set to 001.

7.36 Investment body registered name – the full name of the investment body as recorded on the Australian Business Register (ABR).

7.37 Investment body trading name – the full trading name of the investment body. If the investment body does not have a trading name then this field must be space filled.

For example, ABC Holdings Pty Ltd is the registered name for an organisation trading as Australian Investments. The Investment body registered name would contain ‘ABC Holdings Pty Ltd’ and the Investment body trading name would contain ‘Australian Investments’.

7.38 Investment body address (lines 1 and 2) – the postal address only (excluding suburb, town or locality and postcode) for the investment body. These fields are part of the address for all correspondence to the investment body. It may not be necessary to use both lines. If the second line is not used then the field must be space filled.

7.39 Suburb, town or locality – the suburb, town or locality for the postal address of the investment body. This field forms part of the address for all correspondence sent to the investment body.

7.40 State or territory – the state or territory of the postal address of the investment body. This field forms part of the address for all correspondence sent to the investment body. The field must be set to one of the codes listed on page 40.

7.41 Postcode – the postcode of the postal address of the investment body. A valid postcode should be reported. If the postcode is not known then the field must be zero filled. This field forms part of the address for all correspondence sent to the investment body.

If an overseas address is reported, then this field must be set to 9999.

7.42 Country – the country of the postal address of the investment body. This field may be space filled if the country is Australia. If Postcode entered is 9999 then this field must not be space filled or Australia.

7.43 Investment body contact name – the name of the person who can be contacted if the ATO needs to discuss matters relating to the information provided in the report.

7.44 Investment body contact telephone number – the telephone number of the nominated contact person. This field must contain either: the area code followed by the telephone number, for example 02b1234b5678, or a mobile phone number, for example 0466b123b456.(The character b is used above to indicate spaces).

This must be the direct number of the contact person whose name appears in the Investment body contact name field in the Investment body identity record, and must not be a 1300, 1800 or call centre number.

UNCLASSIFIED 81


7.45 Investment body contact facsimile number – the facsimile number of the nominated contact person should be provided where possible. This field must contain the area code followed by the fax number. For example, 02b1234b5678 (the character b is used above to indicate spaces).

7.46 Investment body contact email address – the email address of the nominated contact person. The ATO may use this email address to contact the investment body about data quality problems identified in their data during processing or about general reporting issues.

If present, this must be a valid email address, that is, @ must be positioned after the first character and before the last character.

7.47 Reporting period indicator – the period of the report.

If an investment body is: operating on a SAP making payments to investors operating on the same SAP, and is reporting payments in accordance with that SAPthen set this indicator to S, else set indicator to N.

7.48 SAP year end date – the SAP year end date. If the investment body is not reporting a SAP year end date, then this field must be zero filled.

If the Reporting period indicator = S then the SAP year end date must be reported.

7.49 Future reporting obligation – the future reporting obligation of the investment body.

Does the investment body expect to have an obligation to lodge an AIIR in future years? If yes, set this field to Y. If uncertain, set this field to U. If no, set this field to N.

7.50 Report format indicator – the format of the report.

Set this field to N if, during the financial year to which the report relates, an investment body: did not have a movement of principal of a Farm management deposit, and

– had 10 or more investments and did not make payments of $1 or more to investors, or

– had less than 10 investments and did not deduct TFN withholding tax from investment income.

Set this field to S in all other cases.

UNCLASSIFIED 82


The character position and field length of the Report format indicator field in the Investment body identity record was incorrectly shown as character positions 800 to 850 and field length of 51 in Edition 1 due to an error made when updating the record length from 800 to 850 characters. As the specification was issued with conflicting instructions ie the field formatting rules indicated that this value should be left justified and reported in character position 800 and the instructions in Sections 5 and 11 relating to the sending of files containing NIL Return AIIR stated this value should be reported in the last character position in the record, in character position 850. As data suppliers had already started supplying data with this indicator in either position, it was decided to accept this indicator in either position at that stage. Data suppliers setting up new reporting systems should report this indicator in character position 850. Data suppliers currently reporting this indicator in character position 800 can continue to do so until their next system update or a new version of the reporting specification is issued.

Software record

7.51 Record identifier – must be set to SOFTWARE.

7.52 Software product type – Commercial or In-house plus the following description: Commercial with

– The name of the software developer, software product and, if relevant, the version number, or

Inhouse with – The name of the organisation that developed the software. Generally, this will be the

name of the AIIR supplier. However, if a contractor/consultant was used, then their company name would be reported.


7.53 Record identifier – must be set to DACCOUNT.

7.54 Sequence number of DACCOUNT record – the sequence number of the Investment account data record in the AIIR.

This number will assist in identifying Investment account data records with errors and in linking corrected Investment account data records to original Investment account data records.

If the Investment account data record is the 20th Investment account data record after the Investment body identity record, the sequence number should be set to 00000020.

Where the Type of report = A (original AIIR) or R (replacement AIIR), the sequence number of the Investment account data record should be the sequence number of the record in the current AIIR. Where the Type of report = C (AIIR containing corrected records), the sequence number of the corrected Investment account data record should be the sequence number of the record in the original AIIR.

UNCLASSIFIED 83


7.55 Investment reference number – the account number or other investment reference number or code that appears on the investment account statement and by which the investor(s) can recognise their investment.

The ATO will make reference to this number or code when contacting the investor about the account.

7.56 Account reference number – any number or code, other than the Investment reference number that the investment body uses to identify the investment account in its computer system. This could be a code that identifies the type of investment or the type of account.

7.57 BSB number – the BSB number used by the investment body to identify its branches and locate client accounts in its system.

If the investment body does not have a BSB number or does not use BSB numbers to locate client accounts, then zero fill this field.

7.58 Branch location – the location of the investment body or investment body branch where the investment account is held.

This field may be space filled if a BSB is supplied in the BSB number field.

If an investment body does not have a code for the location, then provide the postcode of the branch location. Where there is more than one branch office of the investment body located in the same postcode area, preface the postcode by the street address of the branch office.For example, if there are two branch offices located in the postcode area of 2000; one at 1250 George Street, the other at 1187 Pitt Street, then the Branch location field should contain ‘1250 GEORGE ST 2000’ or ‘1187 PITT ST 2000’.

7.59 Account name – the full name of the investment account.

7.60 Number of investors in the account – the number of investors in receipt of the income from the investment account.

Example 1

There are two investors linked to an investment account for Fred and Mary Williams. They are the only investors receiving income from this account. In this case report Number of investors = 02.

Example 2

There are three investors linked to an investment account for the Bartle Family Investments (an informal arrangement of three family individuals) and apparently receiving income from the account. However, the investment body has recorded details for only two of these investors. In this case report Number of investors in the account = 03 and Number of investor records provided = 02).

UNCLASSIFIED 84


If the number of investors in receipt of the income is not known, set this field to be equal to the Number of investor records provided for this account.

The Number of investors in the account must be greater than or equal to the Number of investor records provided.

If Type of payment = FMD then the Number of investors in the account must = 1.

7.61 Number of investor records provided – the number of Investor data records provided for this investment account.

If Type of payment = FMD then the Number of investor records provided must = 1.

7.62 Date of payment – the date the investment income was paid or credited to the investment account or in the case of a UTD, the date the investor was entitled to the income.

Where multiple interest payments are paid or credited to the investment account during the financial year, aggregate these payments and report as one payment with the Date of payment set to 3006CCYY, except where the investment body is reporting in accordance with a SAP.

For example, where 12 separate interest payments are paid or credited to an investment account during the period 01 July 2010 to 30 June 2011, aggregate the interest amounts and report as one amount in one Investment Account data record and report the Date of payment as 30062011.

Where a unit trust makes four quarterly distributions (September, December, March and June) during the financial year, aggregate the four amounts to which the investor is entitled at 30 June and report in one record with the Date of payment set to 30 June, even though the June distribution may not actually be sent to the investor until sometime in the next financial year.

The requirement to aggregate payments does not apply to dividend payments made by companies. Report the actual date of payment of dividend payments.

Where an investment body is operating on a SAP and making payments to investors operating on the same SAP and reporting in accordance with its own SAP, the actual date of payment of each payment must be reported.

UNCLASSIFIED 85


7.63 Type of investment – the type of investment as described in section 202D(1) ITAA 1936 and set out in the table below. Use item numbers 1-7 to indicate the type of investment reported.

Item Investment Investor Investment body1 Interest bearing account

with a financial institutionThe person in whose name the account is held.

Financial institution

2 Interest bearing deposit (other than a deposit to the credit of an account) with a financial institution.

The person in whose name the deposit is held.

Financial institution

3 Loan of money to a government body or to a body corporate (other than a deposit to the credit of an account referred to in item 1, a deposit to which item 2 applies or a loan made in the ordinary course of the business of providing business or consumer finance by a person who carries on that business.)

The person who has made the loan

Body corporate or government body

4 Deposit of money with a solicitor for the purpose of:(a) being invested by the solicitor; or(b) being lent under an agreement to be arranged by or on behalf of the solicitor

The person who has deposited the money with the solicitor

Solicitor

5 Units in a unit trust The person in whose name the units are held.

The manager of the unit trust

6 Shares in a public company

The shareholder The company

7 An investment related betting chance

The betting investor. The betting investment body

Report 1 in this field for an interest bearing account with a financial institution. Report 2 in this field for a term deposit or a farm management deposit. Report 3 in this field for an investment in a Private Company. Report 4 in this field for a deposit of money with a solicitor for investment purposes. Report 5 in this field for unit trust distributions and where a managed investment trust that is

a unit trust is reporting fund payment amounts and tax withheld amounts for non-resident investors for tax purposes under subdivision 12-H and as part of a unit trust distribution.

Report 6 in this field for shares in a public company. Report 7 in this field for payments from investment related betting chance. Report 0 in this field where a managed investment trust that falls outside Section 202D(1)

ITAA 1936 is reporting fund payment amounts and tax withheld amounts for non-residents under subdivision 12-H.

UNCLASSIFIED 86


7.64 Type of payment – the type of payment paid or credited to the investment account. This field must contain one of the following values:

DIS – Interest on deferred interest securities onlyFMD – Interest on farm management deposits onlyTDP – Interest on term deposits onlyINT – Interest on all other interest bearing investmentsIRB – Cash or non-cash payments from investment related betting chanceDIV – Dividends (franked, unfranked and franking credits)UTD – Unit trust distributions including managed investment trust fund payments made to non-residents and amounts withheld under subdivision 12-HFSI – Foreign source investment income that is not part of a UTD

7.65 Term of investment – the term of the investment in years. This term is reported for deferred interest securities only. This field must be zero filled for all other types of payments.

For further information refer to the section Reporting deferred interest securities (page 61).

If Term of investment is greater than zero then the Type of payment must be set to DIS.

Reporting amounts in the Investment account data record

Amount fields must be reported as follows: all amount fields are 12 character numeric fields. Valid values are 0-9 all amounts are to be reported in cents (Australian) negative amounts must not be reported an amount of $500.00 should be reported as 000000050000 an amount of $0.00 should be reported as 000000000000 do not space fill amount fields.

7.66 TFN withholding tax deducted– the amount of TFN withholding tax deducted from the income paid or credited to the investment account. That is, the amount of TFN withholding tax deducted before any tax is refunded.

7.67 TFN withholding tax refunded – the amount of TFN withholding tax, refunded by the investment body to the investment account, that has been offset against TFN withholding tax remitted to the Commissioner of Taxation.

For example, if the TFN withholding tax deducted from the investment income is $1000.00, and the TFN withholding tax refunded is $600.00, report the TFN withholding tax deducted as ‘000000100000’ and the TFN withholding tax refunded as ‘000000060000’.

If the TFN withholding tax refunded is greater than zero the TFN withholding tax deducted must be greater than or equal to the TFN withholding tax refunded.

UNCLASSIFIED 87


Do not report refunds made in respect of an earlier financial year in the current year report. Similarly, do not report refunded amounts not subsequently offset (where the amount refunded was recovered directly from the ATO).

If an investment body is unable to report TFN withholding tax deducted and TFN withholding tax refunded amounts as specified then report the net amount of TFN withholding tax deducted in the TFN withholding tax deducted and set the TFN withholding tax refunded to zero.

7.68 Non-resident withholding amount deducted – the non-resident withholding amount deducted under subdivision 12-F of Schedule 1 of the Tax Administration Act 1953 from interest, dividend or royalty income, or interest and dividend components of a UTD paid or credited to the investment account. This is the gross amount withheld before any amount is refunded.

7.69 Non-resident withholding amount refunded – the total non-resident withholding amount refunded by the investment body to the investment account that has been offset against non-resident withholding amount remitted to the Commissioner of Taxation.

For example, if the non-resident withholding amount deducted from the investment income is $2,000.00 and the non-resident withholding amount refunded is $800.00, report the Non-resident withholding amount deducted as ‘000000200000’ and the Non-resident withholding amount refunded as ‘000000080000’.

If the Non-resident withholding amount refunded is greater than zero then the Non-resident withholding amount deducted must be greater than or equal to the Non-resident withholding amount refunded.

Do not report refunds made in respect of an earlier financial year in the current year report. Similarly, do not report refunded amounts not subsequently offset (where the amount refunded was recovered directly from the ATO).

If an investment body is unable to report the Non-resident withholding amount deducted and the Non-resident withholding amount refunded as specified, then the net non-resident withholding amount deducted must be reported in the Non-resident withholding amount deducted field and the Non-resident withholding amount refunded field must be set to zero.

7.70 Cash or non-cash value of an investment related betting chance prize – the gross cash or non-cash value of an investment related betting chance or lottery prize paid or credited to the investment account during the financial year.

If the Cash or non-cash value of an investment related betting chance prize is greater than zero then the Type of payment must be set to IRB.

7.71 Interest – the gross amount of Australian source interest paid or credited to the investment account during the financial year.

Do not report the net amount of interest after withholding tax has been deducted.

UNCLASSIFIED 88


If the Interest field is greater than zero then the Type of payment must be set to DIS, FMD, INT, TDP, or UTD.

Do not report dividends paid under a demerger unless the head entity of the demerger group elected, under subsection 44(2) of the ITAA 1936, that those dividends will be treated as assessable dividends.

7.72 Unfranked dividends not declared to be conduit foreign income – the amount of unfranked dividends not declared to be conduit foreign income paid or credited to the investment account.

If the Unfranked dividends not declared to be conduit foreign income is greater than zero then the Type of payment must be set to DIV or UTD.

7.73 Unfranked dividends declared to be conduit foreign income – the amount of unfranked dividends declared to be conduit foreign income paid or credited to the investment account.

If the Unfranked dividends declared to be conduit foreign income is greater than zero then the Type of payment must be set to DIV or UTD.

7.74 Franked dividends – the amount of franked dividends paid or credited to the investment account.

If the Franked dividends are greater than zero then the Type of payment must be set to DIV or UTD.

If the Type of payment = DIV and the Franked dividends is greater than zero then the Franking credit must be greater than zero.

7.75 Franking credit – the total amount of franking credit allowed on the dividend payment. If the dividend payment is completely unfranked, this field must be set to zero.

If the Franking credit is greater than zero then the Type of payment must be set to DIV or UTD.

If the Type of payment = DIV and the Franking credit is greater than zero then the Franked dividends should be greater than zero. Alternatively, if the Franking credit has flowed indirectly to the investor through the trust, then the Franked Dividend can be shown as zero (0).

7.76 Other taxable Australian income component of UTD – the amount of Australian source taxable income other than interest, unfranked dividends, franked dividends, franking credits and capital gains (which are all reported separately) included in the income distributed to the investment account.

If the Other taxable Australian income component of UTD is greater than zero then the Type of payment must be set to UTD.

UNCLASSIFIED 89


UNCLASSIFIED 90


7.77 Non-primary production income from UTD – the sum of the amounts reported in the following fields: Interest (7.71) Unfranked dividends not declared to be conduit foreign income (7.72) Unfranked dividends declared to be conduit foreign income (7.73) Franked dividends (7.74) Franking credit (7.75) Other taxable Australian income component of UTD (7.76)less the amount reported in the Trust deductions not included elsewhere field.

If the Non-primary production income component of UTD is greater than zero then the Type of payment must be set to UTD.

7.78 Other deductions relating to distributions from UTD – allowable deductions incurred by the unit holder that are payable from the investment account to the trust out of the trust distribution.

If the Other deductions relating to distributions from UTD is greater than zero then the Type of payment must be set to UTD.

7.79 Discounted capital gain component of UTD – the discounted part of the Australian and foreign source capital gain that is included in the share of net income distributed to the investment account.

If the Discounted capital gains component of UTD is greater than zero then the Type of payment must be set to UTD.

7.80 Indexed capital gain component of UTD – the part of the Australian and foreign source capital gain calculated under the indexation method that is included in the share of net income distributed to the investment account.

If the Indexed capital gain component of UTD is greater than zero then the Type of payment must be set to UTD.

7.81 Other capital gain component of UTD – the part of the Australian and foreign source capital gain for which the indexation or discount methods have not been applied or included in the share of net income distributed to the investment account.

If the Other capital gain component of UTD is greater than zero then the Type of payment must be set to UTD.

UNCLASSIFIED 91


7.82 CGT concession amount – the non-assessable CGT discount amount of the Australian and foreign source capital gain included in the share of the net income distributed to the investment account as set out in subsection 104-71(4) ITAA 1997. It also includes the amount of capital loss or net capital loss applied by the trust to reduce capital gains made that is reflected in the payment.

If the CGT concession amount is greater than zero then the Type of payment must be set to UTD.

7.83 Net capital gain component of UTD – the net amount of income from Australian and foreign sources subject to capital gains tax and included in the distribution to the investment account. This amount is the sum of the following fields: Discounted capital gain component of UTD (7.79) Indexed capital gain component of UTD (7.80) Other capital gain component of UTD. (7.81)

If the Net capital gain component of UTD is greater than zero then the Type of payment must be set to UTD.

7.84 Total current year capital gains component of UTD – the total amount of income from Australian and foreign sources subject to capital gains tax and included in the distribution to the investment account. This amount is the sum of the following fields: Discounted capital gain component of UTD (grossed up assessable amount) (7.79) Indexed capital gain component of UTD (7.80) Other capital gain component of UTD. (7.81)

Do not include the CGT concession amount in the calculation of the Total current year capital gains component of UTD.

If the Total current year capital gains component of UTD is greater than zero then the Type of payment must be set to UTD.

7.85 Taxable foreign capital gain component of UTD – the foreign capital gain component that is deemed to be foreign income under division 770 of the ITAA 1936 that is included in the distribution to the investment account.

If the Taxable foreign capital gains component of UTD is greater than zero then the Type of payment must be set to UTD.

Although Australian and foreign source capital gains components have been included in the Discounted capital gain component of UTD, Indexed capital gain component of UTD and Other capital gain component of UTD fields (which correspond with the amounts declared at the capital gains label on the income tax return and with the amounts shown on the standard trust distribution statement for managed funds), there is a requirement to identify the Taxable foreign capital gain component of UTD separately.

UNCLASSIFIED 92


7.86 Assessable foreign source income (UTD component or other payment) – the total amount of assessable foreign source income (including foreign tax offsets and excluding income subject to capital gains tax) paid or credited to the investment account.

If the income is part of unit trust distribution paid or credited to the investment account, then the Type of payment must be set to UTD.

If the income is foreign source investment income (such as interest or dividends from an overseas company), that is paid or credited directly to the investment account and not indirectly through a unit trust distribution, then: report this amount in the Assessable foreign source income (UTD component or other

payment), and the Type of payment must be set to FSI.

If the Assessable foreign source income (UTD component or other payment) field is greater than zero then the Type of payment field must be set to UTD or FSI.

7.87 Other net foreign source income component of UTD – the total amount of other net foreign source income (excluding income subject to capital gains tax) included in the distribution to the investment account.

If the Other net foreign source income component of UTD is greater than zero then the Type of payment must be set to UTD. Include any amount reported here as part of the amount reported at Assessable foreign source income.

7.88 Foreign tax credits on UTD or other payment – the amount of tax paid on the foreign source income to overseas tax authorities.

If the Foreign tax credits on UTD or other payment is greater than zero then the Type of payment must be set to:UTD – for foreign tax credits on a unit trust distributionFSI – for foreign tax credits on foreign source investment income that is not part of a unit trust distribution.

7.89 Australian franking credits from a New Zealand company (UTD component or other payment) – the amount of Australian franking credits the investment account has received from a New Zealand company.

The Type of payment must be set to:UTD – for franking credits that are part of a unit trust distributionFSI – for franking credits that are part of a direct dividend payment and not part of a unit trust distribution

If the Australian franking credits from a New Zealand company (UTD component or other payment) is greater than zero then the Type of payment must be set to UTD or FSI.

UNCLASSIFIED 93


7.90 Tax-exempted component of UTD – the total amount of tax-exempted income included in the distribution paid or credited to the investment account.

If the Tax-exempted component of UTD is greater than zero then the Type of payment must be set to UTD.

7.91 Tax-free component of UTD – the total amount of tax-free income included in the distribution paid or credited to the investment account.

If the Tax-free component of UTD is greater than zero then the Type of payment must be set to UTD.

7.92 Tax-deferred component of UTD – the total amount of tax-deferred income included in the distribution paid or credited to the investment account.

If the Tax-deferred component of UTD is greater than zero then the Type of payment must be set to UTD.

7.93 Trust deductions not included elsewhere – the amount of expenses incurred by the trust that does not directly attach to any specific income item but is an allowable deduction in the calculation of the net income of the trust.

If the Trust deductions not included elsewhere is greater than zero then the Type of payment must be set to UTD.

7.94 Credit for amounts withheld from UTD under foreign resident withholding – the amount of tax withheld from the income because of the operation of foreign resident withholding for the following activities: promoting or organising casino gaming junket arrangements entertainment and sports activities under contracts for the construction, installation and upgrading of buildings, plant and

fixtures and for associated activities.

If the Credit for amounts withheld from UTD under foreign resident withholding is greater than zero then the Type of payment must be set to UTD.

7.95 Credit for tax paid by trustee on UTD – the amount of tax already paid to the ATO by the trust trustee on the income.

If the Credit for tax paid by trustee on UTD is greater than zero then the Type of payment must be set to UTD.

7.96 Non-resident beneficiary ss98(3) assessable amount – the assessable amount under subsection 98(3) of the ITAA 1936 if a trustee is assessable on behalf of a non-resident beneficiary (other than a trustee beneficiary) on a share of the net income of the trust.

UNCLASSIFIED 94


If the Non-resident beneficiary ss98(3) assessable amount is greater than zero then the Type of payment must be set to UTD.

7.97 Non-resident beneficiary ss98(4) assessable amount – the assessable amount under subsection 98(4) of the ITAA 1936 if a trustee is assessable on behalf of a non-resident trustee beneficiary (a beneficiary in the capacity of a trustee of another trust estate) on a share of the net income of the trust.

If the Non-resident beneficiary ss98(4) assessable amount is greater than zero then the Type of payment must be set to UTD.

7.98 Interposed entity name – the full name of the interposed entity where an interposed entity arrangement exists. If no interposed entity relationship exists, this field must be space filled.

If the Interposed entity name field is populated then the Interposed entity TFN or ABN field should be populated.

For further information refer to the section Reporting Interposed entities (on page 43).

7.99 Interposed entity TFN or ABN – the tax file number or the Australian business number of the interposed entity. If no interposed entity relationship exists, this field must be zero filled.

If the Interposed entity TFN or ABN field is populated then the Interposed entity name field should be populated.

7.100 Managed investment trust fund payments – fund payments from a managed investment trust paid directly or indirectly via an intermediary to a non-resident. All fund payments as determined under Sub-Division 12-H in Schedule 1 of the TAA 1953 must be shown here.

If the Managed investment trust fund payments is greater than zero then the Type of payment must be set to UTD.

Reporters who do not have an obligation to report amounts in fields 7.100 and 7.101 can zero fill these fields.

7.101 Amounts withheld from managed investment trust fund payments – tax withheld from fund payments from a managed investment trust paid to the ATO.

If the Amounts withheld from managed investment trust fund payments is greater than zero then the Type of payment must be set to UTD.

Non-resident withholding amount deducted (7.68), credit for foreign resident withholding (7.94) and credit for tax paid by trustee (7.95) should not be shown here.

UNCLASSIFIED 95


Reporters who do not have an obligation to report amounts in fields 7.100 and 7.101 can zero fill these fields.


7.102 Record identifier – must be set to DACCSUPP.

7.103 Supplementary income payment type – identifies the type of payment paid or credited to the investment account.

In AIIR v9.0.1 this will always be set to UTD.

7.104 Sequence number of DACCSUPP record – the sequence number of the Supplementary income payment type record within the DACCOUNT record must be reported in this field.

For example, if the DACCSUPP record is the 4th DACCSUPP record reported within the DACCOUNT record, then set this field to 04.

For AIIR v9.0.1, there will only be one DACCSUPP record attached to each DACCOUNT record so this field will always be set to 01

Reporting amounts in the Supplementary Income account data record

Amount fields must be reported as follows: all amount fields are 12 character numeric fields. Valid values are 0-9 all amounts are to be reported in cents (Australian) negative amounts must not be reported an amount of $500.00 should be reported as 000000050000 an amount of $0.00 should be reported as 000000000000 do not space fill amount fields. If any money amounts in the Supplementary income account data record are greater than

zero the Type of payment must be set to UTD

7.105 National rental affordability scheme tax offset – the amount distributed to the unit holder’s account, which is a share of the tax offset amount offered by the government to a property trust or other trust structured as a unit trust where the trust is a participant in the scheme to make affordable rental accommodation available to low and moderate income owners at below market rates.

7.106 Primary production income – the amount distributed to the unit holder’s account, which is a share of any primary production income where the unit trust is a participant in primary production activities*.

UNCLASSIFIED 96


*What is primary production?

Subsection 6(1) of the Income Tax Assessment Act 1936 defines 'primary production' as production resulting directly from:

a the cultivation of land; b the maintenance of animals or poultry for the purpose of selling them or their

bodily produce, including natural increase; c fishing operations, which means

• operations relating directly to the taking or catching of fish, turtles, dugong, crustacea or oysters or other shellfish; or

• pearling operations; and includes • oyster farming, but does not include whaling;

d forest operations, which include: • the planting or tending in a plantation or forest of trees intended for

felling; and • the felling of trees in a plantation or forest; or

e horticulture; and includes the manufacture of dairy produce by the person who produced the raw material used in that manufacture.

7.107 Credit for Australian business number amounts withheld – credit for amounts of tax withheld because the trust failed to quote its Australian business number.

7.108 Deductions relating to distribution of primary production income – the total of any other deductions related to the share of primary production income or primary production loss from a trust.

7.109 Deductions relating to distribution of non-primary production income – the total of any other deductions related to the share of non primary production income or non primary production loss from a trust.

Only report an amount in Deductions relating to distribution of non-primary production income where there is also an amount to report in Deductions relating to distribution of primary production income, otherwise a total amount reported once in Other deductions relating to distributions from trust will suffice.

7.110 Attributed income from Transferor trusts – the amount distributed to the Australian resident unit holder’s account, which is a share of any attributed foreign income from transferor trusts.

7.111 Attributed foreign income from Foreign investment fund or Foreign life assurance policy – the amount distributed to the Australian resident unit holder’s account, which is a share of any attributed foreign income from a foreign investment fund or foreign life assurance policy.

7.112 Attributed foreign income from Controlled Foreign Company – the amount distributed to the Australian resident unit holder’s account, which is a share of any attributed foreign income from a controlled foreign company.

UNCLASSIFIED 97


7.113 Net foreign rent - the amount distributed to the Australian resident unit holder’s account, which is a share of any Net foreign rent.

Net Foreign Rent is a component of Assessable foreign source income. If the amount reported in this field is greater than zero then include this amount as part of the amount reported at Assessable foreign source income.

Farm management deposit account data record

7.114 Record identifier – must be set to DFMDACCT.

7.115 Sequence number of DFMDACCT record – the sequence number of the Farm management deposit account data record in the AIIR.

This number will assist in identifying Farm management deposit account data records with errors and in linking corrected Farm management deposit account data records to original Farm management deposit account data records.

If the Farm management deposit account data record is the 39th Farm management deposit account data after the Investment body identity record, the sequence number should be set to 00000039.

Where the Type of report = A (original AIIR) or R (replacement AIIR), the sequence number of the Farm management deposit account data record should be the sequence number of the record in the current AIIR.

Where the Type of report = C (AIIR containing corrected records), the sequence number of the corrected Farm management deposit account data record should be the sequence number of the record in the original AIIR.

Where the Type of report = A (original AIIR) or R (replacement AIIR), the sequence number of the Farm management deposit account data record should be the sequence number of the record in the current AIIR. Where the Type of report = C (AIIR containing corrected records), the sequence number of the corrected Farm management deposit account data record should be the sequence number of the record in the original AIIR.

All amount fields in the Farm Management Deposit account data record must be reported in cents (Australian). Do not space fill amount fields.

7.116 Amount of deposit – the amount of a new deposit paid or credited to the Farm management deposit account.

Do not report an amount transferred in from another investment in the Amount of deposit field. Report this amount in the Amount of transfer in field.

Where multiple deposits are made during a financial year, report each deposit in a separate record.

UNCLASSIFIED 98


Report the sum of the interest payments made on the farm management deposit during a financial year must be reported in the Interest field in an accompanying Investment account data record and the Type of payment must be set to FMD. A payment of interest on an FMD should not be reported as new farm management deposit in the Farm management deposit account data record.

7.117 Date of deposit – the date the deposit was made.

7.118 Total amount of repayments – the total amount of repayments made in the financial year.

Where multiple repayments are made to a depositor during the course of the financial year, transactions are to be aggregated and reported as one repayment amount.

7.119 Amount of transfer in – the amount transferred in from a farm management deposit previously held by another investment body.

Transferred in amounts must not be reported as deposits.

7.120 Date of transfer in – the date the deposit was transferred in to the investment body.

7.121 Amount of transfer out – the amount of farm management deposit principal transferred out to another investment body as a farm management deposit.

Transferred out amounts must not be reported as repayments.

7.122 Date of transfer out – the date the deposit was transferred out of the investment body.

7.123 Date of original deposit – the date of the original deposit.

Where a deposit is transferred in from another financial institution this date will be the date that the deposit was first made with a financial institution.

7.124 TFN withholding tax deducted from repayments in financial year – the total amount of TFN withholding tax deducted from repayments made during the financial year where a TFN or ABN has not been quoted.


An investment account may be held by one or more investors. Provide one Investor data record for each investor who is a holder of the investment account and a recipient of the income from the investment. Do not provide an Investor data record for a person who is only a signatory to the account and not a recipient of the investment income.

7.125 Record identifier – must be set to DINVESTOR.

UNCLASSIFIED 99


7.126 Sequence number of DINVESTOR record – the sequence number of an Investor data record following an Investment account data record in the AIIR.

This sequence number relates to the position of the Investor data record in the file and not to the position of the investor record in the investment body’s system.

For example, if an investment body has four investors listed in their system and reports only the second and the fourth of the listed investors, the sequence numbers of the two reported Investor data records would be '01' and '02' respectively.

This sequence number will assist in identifying records with errors and in the linking of corrected Investor data records with original Investor data records.

Where corrected records are reported, the Investment account data record and all the associated Investor data records must be reported.

7.127 Customer reference number – a separate number or code used to identify each investor in an account. For example, in a joint account, report the number or code for the joint account investor in this field.

7.128 Investor entity type – identifies the type of investor holding the account.

This field must be set to one of the following codes:

Code Description ConditionI Individual The investor is an individual person. An account may be held by

one or more individual persons.Include an Investor data record with Investor entity type = I for each individual investor in the account.

D Deceased individual

The investor is an individual person who has died during the reporting period.

C Corporation The investor is a public or private company or an incorporated organisation. Joint investment accounts held by two or more companies are usually formal partnership arrangements (joint ventures) and should quote the partnership TFN or ABN of the joint venture rather than the separate company TFNs or ABNs.For further information, refer to the section Reporting accounts held by non-individual entities on page 72.

P Partnership The investor is a formal partnership (a formal partnership arrangement exists, the entity has a partnership TFN or ABN and is required to lodge a partnership tax return).For further information, refer to the section Reporting accounts held by partnerships and joint owners on page 70.

T Trust The investor is a formal trust (the entity has a trust TFN or ABN and is required to lodge a trust tax return).For further information, refer to the section Reporting accounts held by trusts on page 62.

UNCLASSIFIED 100


S Superannuation fund

The investor is a superannuation fund (it has a superfund TFN or ABN and is required to lodge a superfund income tax return each financial year). For further information, refer to the section Reporting accounts held by non-individual entities on page 72.

G Government organisation

The investor is a government organisation.For further information, refer to the section Reporting accounts held by non-individual entities on page 72.

O Other non-individual

The investor is an unincorporated organisation or a non-individual entity for which the investor entity type cannot be determined.For further information, refer to the section Reporting accounts held by non-individual entities on page 72.

The Investor entity type must be set to I, D, C, P, T, S, G or O. If the Type of payment = FMD then the Investor entity type must be set to I or D. If an account is held by one non-individual investor and the Investor entity type = C, P, T, S, G or O then the Number of investors in the account must be reported as ‘01’, and only one non-individual Investor data record should be provided.

7.129 Investor tax file number – the TFN quoted by the investor. If the investor has claimed an exemption from quoting, then the appropriate TFN exemption code must be reported in this field.

If the investor has not quoted a TFN nor claimed an exemption from quoting, then this field must be zero filled. If the investor has quoted an ABN and has not quoted a TFN, this field must be zero filled.

If the investor has quoted a TFN that contains alpha characters or more than 9 characters and cannot be entered into the investment body’s system, report 987654321 in this field.

This is a numeric field, is right justified, and can only contain values from 000000000 to 999999999.

Use of the TFN algorithm will reduce the number of invalid TFNs quoted. Refer to section 14 Algorithms (page 154).

If an investor has claimed an exemption from quoting, report the appropriate TFN exemption code listed in the table below in this field.

TFN exemption code

Description

333333333 Investor is under sixteen – if the investor is a child who was under the age of sixteen on 1 January preceding the payment and the income from the investment is less than $420 annually and the investor does not quote a TFN, then the Investor tax file number must be set to 333333333.If the Investor tax file number is set to 333333333, then the investor's date of birth must be reported in the Individual investor data of birth field.This exemption code does not apply to public company share investments.This exemption code must not be used for non-individual investors.

UNCLASSIFIED 101


TFN exemption code

Description

444444441 Investor is a pensioner – if the investor is the recipient of a Centrelink age or disability support pension or a pension under the Veterans' Entitlements Act of 1986 and notifies the investment body of their full name and pension entitlement, then the Investor tax file number must be set to 444444441.This exemption code must not be used for non-individual investors.

444444442 Investor is a recipient of another eligible Centrelink pension or benefit – if the investor is the recipient of another eligible Centrelink pension such as a wife's, carer's, special needs, widow's B pension, parenting payment or special benefit, and the investor notifies the investment body of their full name and pension entitlement, then the Investor tax file number must be set to 444444442.New Start Allowance and Sickness Allowance are not eligible benefits for exemption purposes.This exemption code must not be used for non-individual investors.

555555555 Investor is an entity that is not required to lodge an income tax return – if the investor is an entity that does not have a TFN and is exempted from lodging an income tax return under section 161 of ITAA 1936, then the Investor tax file number must be set to 555555555.An entity, for the purpose of a Part VA investment and defined in section 202A of ITAA 1936 means a body corporate or an unincorporated association, but does not include a natural person or a partnership. Examples of such entities include charitable, social and other non-profit organisations, societies and clubs and non-profit companies with taxable incomes below the relevant threshold. These entities are required to notify the investment body of their full name, address and reason for their exempt status.This exemption code should NOT be used for individual investors who do not meet any of the conditions that would require them to lodge an income tax return.

666666666 Investor is in the business of providing business or consumer finance – if the investor is in the business of providing business or consumer finance and is receiving the income from business or consumer finance provided to a borrower, then the Investor tax file number must be set to 666666666.

An example of this type of investor is a bank receiving interest on a loan that it made in the course of providing business or consumer finance to a borrower.

777777777 Investor is a Norfolk Island resident – the investor is a resident of Norfolk Island and the investment income is exempt from Australian tax, then the Investor tax file number must be set to 777777777.

888888888 Investor is a non-resident – if the investor is a person who is not a resident of Australia for tax purposes, then the Investor tax file number must be set to 888888888.

7.130 Investor Australian business number –the ABN quoted by the investor.

An ABN may be quoted as an alternative to a TFN where the investment is related to the investor's business.

UNCLASSIFIED 102


An ABN contains 11 numeric characters and the first character is always non-zero.Use of the ABN algorithm to validate quoted ABNs will help reduce the number of invalid ABNs quoted. This in turn will reduce the number of invalid ABN letters sent to investors, the number of ABNs re-quoted to investment bodies and the number of investors deemed not to have quoted. Refer to section 14 Algorithms (page 154) for further information on ABN validation.

If the investor does not quote an ABN this field must be zero filled.

Use of the ABN algorithm to validate quoted ABNs will help reduce the number of invalid ABNs quoted. This in turn will reduce the number of invalid ABN letters sent to investors, the number of ABNs re-quoted to investment bodies and the number of investors deemed not to have quoted. Refer to section 14 Algorithms (page 154) for further information on ABN validation.

7.131 Non-resident investor tax identification number – the tax identification number (TIN) quoted by the investor. A TIN will be quoted by an investor who is a non-resident and quotes a TIN from their country of residence for tax purposes. Unless the investor quotes an Australian TFN, the non-resident exemption code of ‘888888888’ should still be reported in the Investor tax file number field.

7.132 Individual investor surname – the investor’s surname. This field is mandatory if the investor is an individual.

If the Investor entity type = I then the Individual investor surname must be present. If the Investor entity type = C, P, T, S, G or O then the Individual investor surname must be space filled. If the Investor entity type = D then refer to the section Reporting deceased investors (page 45) for further information.

7.133 Individual investor first given name – the investor’s first given name.

If the investor is a non-individual entity this field must be space filled. If the Investor entity type = I or D then the First given name must be present. If the Investor entity type = C, P, T, S, G or O then the First given name must be space filled.

If a first given name has not been recorded, then the investor’s first initial must be provided.If the investor has a legal single name only, this field must be space filled. The legal single name must be provided in the Individual investor surname field.

UNCLASSIFIED 103


7.134 Individual investor second given name – the investor’s second given name. If the second given name is not known, but the individual’s second initial is stored, then this must be provided.

If the investor does not have a second given name, or the second given name is not stored, or the account is held by a non-individual entity, this field must be space filled. If the investor has more than two given names, the third and subsequent given names or initials are not to be provided.

7.135 Individual investor date of birth – the date of birth of the investor in the format DDMMCCYY.

For example, if the investor’s date of birth is 6 February 1965, it must be reported as 06021965.

This field is mandatory for investors under the age of 16 years and claiming the $420 TFN withholding tax threshold. For other individual investors, this field is optional. Investment bodies that have captured this information are requested to provide it to assist the ATO to correctly identity individual investors.

If only a year of birth has been captured, report the year with the day and month zero filled. For example, year of birth 1956 report as 00001956.

This field must be zero filled for non-individual investors, and for individual investors 16 years of age and over where the date is not available.

7.136 Sex – for individual investors, this field must contain one of the following codes:M – maleF – femaleU – not known

For non-individual investors, this field must be space filled.

If the Investor entity type = I or D then Sex must = M or F or U.

7.137 Non-individual investor name – the full name of the non-individual entity.

For individual investors this field must be space filled.

If the Investor entity type = C, P, T, G, S or O then the Non-individual investor name must be present. If the Investor entity type = I or D then the Non-individual investor name must be space filled, unless a name string such as, ‘The late John Smith’ is reported in this field instead of in the surname and given name fields.

7.138 Australian address (lines 1 and 2) – the Australian residential address only (excluding suburb, town or locality and postcode) of the individual investor or the Australian business or postal address of the non-individual investor. It may not be necessary to use both lines. If the second line is not used then the field must be space filled.

UNCLASSIFIED 104


Do not report overseas address details in this field.

7.139 Australian suburb, town or locality – the suburb, town or locality of the Australian address of the investor.

Do not report overseas address details in this field.

7.140 Australian state or territory – the state or territory of the Australian address of the investor. The field must be set to one of the codes listed on page 40.

Do not report overseas address code (OTH) in this field.

When address details are reported in the overseas address fields and no Australian address details are provided, space fill this field.

7.141 Australian postcode – the postcode for the Australian address of the investor. A valid postcode should be reported. If the postcode is not known, then the postcode field must be zero filled.

Do not report overseas postcodes or postcode 9999 in this field.

When address details are reported in the overseas address fields and no Australian address details are provided, zero fill this field.

7.142 Date of change of residency status from resident to non-resident – the date the residency status of the investor changed from resident to non-resident.

7.143 Overseas address (lines 1 and 2) – the overseas residential address (excluding suburb, town or locality and postcode) of the individual non-resident investor or the overseas business or postal address of the non-resident non-individual investor. It may not be necessary to use both lines. If the second line is not used then space fill this field.

7.144 Overseas suburb, town or locality – the suburb, town or locality of the overseas address of the non-resident investor for tax purposes.

7.145 Overseas state or province – the state or province of the overseas address of the non-resident investor for tax purposes.

Do not report OTH in this field.

7.146 Overseas postal code – the postal code of the overseas address of the non-resident investor for tax purposes. If the postal code is not known then space fill this field.

Do not report 9999 in this field unless overseas address details are provided and this is the correct postal code for the address provided.

UNCLASSIFIED 105


7.147 Overseas country – the country of the overseas address of the non-resident investor for tax purposes.

If the non-resident investor for tax purposes changes their overseas country of residence during the financial year, report the most recent country.

7.148 Non-resident investor overseas country code – the country code for the overseas country address of the non-resident investor for tax purposes. This field is mandatory for non-resident investors for tax purposes.

If a payment is made to a non-resident, the code applicable to the non-resident investor for tax purposes country of residence must be provided even if a non-resident withholding amount has not been deducted. A full list of country codes is available on the ATO website at www.ato.gov.au/large/content.asp?doc=/content/47185.htm

If the non-resident investor for tax purposes changes their overseas country of residence during the financial year, report the most recent country code.

If the Investor tax file number = 888888888 or the non-resident tax withheld is greater than zero, then a country code must be provided. If non-resident tax is withheld in error on a resident’s account, a country code of OTH can be used.

For information about reporting investors where a change of residency status has occurred during the year, refer to the section Non-residents – Change of residency status during the year on page 46.

For information about reporting investors where a change of residency status has occurred during the year, refer to the section Non-residents – Change of residency status during the year on page 46.

7.149 Non-resident investor country of residence for tax purposes –the non-resident investor for tax purposes country of residence for tax purposes.

7.150 Date of change of residency status from non-resident to resident – the date the investor’s residency status changed from non-resident to resident.

7.151 Investor daytime contact telephone number – the investor’s daytime contact telephone number. This field should be either: the area code followed by the telephone number, for example 02b1234b5678, or a mobile phone number, for example 0466b123b456.(The character b is used above to indicate spaces).

File total record

7.152 Record identifier – must be set to FILE-TOTAL.

UNCLASSIFIED 106

http://www.ato.gov.au/large/content.asp?doc=/content/47185.htm


7.153 Number of records – the sum total of all records in the file, including the following records: three Supplier data records Investment body identity record(s) Software record(s) Investment account data records Supplementary income account data records, Farm management deposit account data records Investor data records File total record.

7.154 Count of IDENTITY records in the file – the count of all Investment body identity records in the file. This should equal the number of AIIR included in the file.

7.155 Count of DACCOUNT records in the file – the count of all Investment account data records in the file.

7.156 Count of DACCSUPP records in the file – the count of all Supplementary income account data records in the file.

7.157 Count of DFMDACCT records in the file – the count of all Farm Management Deposit account data records in the file.

7.158 Count of DINVESTOR records in the file – the count of all Investor data records in the file.

UNCLASSIFIED 107


8 EXAMPLES OF STANDARD AIIR DATA FILESEXAMPLE 1

ABC Bank Limited is both the supplier and the reporter of its own AIIR data. It has developed its own ‘in-house’ software application, ABCAIIR, for supplying AIIR data to the ATO and will be using ABCAIIR version 9.0.1 to supply AIIR data for the 2010-11 financial year.

The content of the example file below has been limited to the following six accounts and four payment types: 2 interest bearing accounts (INT) 1 deferred interest securities account (DIS) 1 term deposit (TDP) 1 term deposit made by an interposed entity (TDP) 1 investment related betting chance cash prize (IRB).

These accounts are held by resident, non-resident, individual and non-individual investors. One account is held jointly by two individual investors.

Farm management deposit account records have not been included in this example file as the reporting of FMD accounts is explained in section 9 Reporting farm management deposit accounts.

UNCLASSIFIED 108


A standard AIIR file containing the sample records and original data would be structured as follows:

Record Name Record Identifier Rec Seq Num

Comments

Supplier data record 1 IDENTREGISTER1 Financial year end date = 30062011Spec Ver num = FINVAV09.0

Supplier data record 2 IDENTREGISTER2 Supplier name = ABC Bank Limited

Supplier data record 3 IDENTREGISTER3 Supplier street address for return of media and supplier postal address for correspondence relating to media.


IDENTITY 00001 Financial Year = 2011 IB name = ABC Bank Limited

Software record SOFTWARE Software product typeInvestment account data record 1

DACCOUNT 00000001 Account 1 [Interest bearing account]

Investor data record 1 DINVESTOR 01 Investor 1 linked to account 1Investor data record 2 DINVESTOR 02 Investor 2 linked to account 1Investment account data record 2

DACCOUNT 00000002 Account 2 [deferred interest security]

Investor data record 1 DINVESTOR 01 Investor 1 linked to account 2Investment account data record 3

DACCOUNT 00000003 Account 3 [interest bearing deposit]


DACCOUNT 00000004 Account 4 [TDP by interposed entity]


DACCOUNT 00000005 Account 5 [betting chance cash prize]


DACCOUNT 00000006 Account 6 [interest bearing account]

Investor data record 1 DINVESTOR 01 Investor 1 linked to account 6File total record FILE-TOTAL Count of all records in the file =

19Count of IDENTITY records in file = 1Count of DACCOUNT records in file = 6Count of DACCSUPP records in file = 0Count of DFMDACCT records in file = 0Count of DINVESTOR records in file = 7

Following are the sample records for ABC Bank Limited:

UNCLASSIFIED 109



Character position

Field name Contents

1-3 Record length 8504-17 Record identifier IDENTREGISTER118-28 Supplier Australian business number 2503215901429-29 Run type P30-37 Financial year end date 3006201138-38 Data type I39-39 Type of report A40-40 Type of return media P41-50 ATO reporting specification version number FINVAV09.051-51 File format validation method N52-850 Filler space fill


Character position

Field name Contents

1-3 Record length 8504-17 Record identifier IDENTREGISTER218-217 Supplier name ABC BANK LIMITED218-255 Supplier contact name DIANA ROSE256-270 Supplier contact telephone number 02 9531 5796271-285 Supplier facsimile number 02 9531 5798286-310 Supplier file reference AIIR11ABC1311-335 Supplier file reference of file being replaced or

containing records to be corrected.space fill

336-850 Filler space fill

UNCLASSIFIED 110



Character position

Field name Contents

1-3 Record length 8504-17 Record identifier IDENTREGISTER318-55 Supplier street address – line 1 LEVEL 5 SYDNEY

BUILDING56-93 Supplier street address – line 2 1080 PITT ST94-120 Supplier suburb, town or locality SYDNEY121-123 Supplier state or territory NSW124-127 Supplier postcode 2000128-147 Supplier country space fill148-185 Supplier postal address – line 1 GPO BOX 8765186-223 Supplier postal address – line 2 space fill224-250 Supplier suburb, town or locality SYDNEY251-253 Supplier state or territory NSW254-257 Supplier postcode 2001258-277 Supplier country space fill278-353 Supplier email address [email protected] Filler space fill


Character position

Field name Contents

1-3 Record length 8504-11 Record identifier IDENTITY12-16 Sequence number of IDENTITY record 0000117-20 Financial year 201121-31 Investment body Australian business number (ABN)

or withholding payer number (WPN)25032159014

32-34 Investment body branch number 00135-234 Investment body registered name ABC BANK LIMITED235-310 Investment body trading name ABC BANK311-348 Investment body address – line 1 LEVEL 5 SYDNEY

BUILDING349-386 Investment body address – line 2 1080 PITT STREET387-413 Suburb, town or locality SYDNEY414-416 State or territory NSW417-420 Postcode 2000421-440 Country space fill441-478 Investment body contact name PETER JAMES479-493 Investment body contact telephone number 02 9531 4567494-508 Investment body contact facsimile number 02 9531 4568509-584 Investment body contact email address [email protected] Reporting period indicator N586-593 SAP year end date zero fill594-594 Future reporting obligation Y595-849 Filler space fill

UNCLASSIFIED 111


850-850 Report format indicator S

Software record

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier SOFTWARE12-91 Software product type INHOUSE ABC BANK LTD

ABCAIIR VER 9.092-850 Filler space fill

Investment account data record 1

A savings account held jointly by two resident individuals, Gordon and Judith May.

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier DACCOUNT12-19 Sequence number of DACCOUNT record 0000000120-44 Investment reference number 12345678945-69 Account reference number Savings account S170-75 BSB number 12345676-105 Branch location may be space filled if BSB

is provided106-305 Account name G & J MAY306-307 Number of investors in the account 02308-309 Number of investor records provided 02310-317 Date of payment 30062011318-318 Type of investment 1319-321 Type of payment INT322-323 Term of investment 00324-335 TFN withholding tax deducted (cents) 000000102400336-347 TFN withholding tax refunded (cents) 000000102400348-359 Non-resident withholding amount deducted (cents) 000000000000360-371 Non-resident withholding amount refunded (cents) 000000000000372-383 Cash or non-cash value of an investment related

betting chance prize (cents)000000000000

384-395 Interest (cents) 000000211254396-407 Unfranked dividends not declared to be conduit

foreign income (cents)000000000000


000000000000

420-431 Franked dividends (cents) 000000000000432-443 Franking credit (cents) 000000000000444-455 Other taxable Australian income component of UTD

(cents)000000000000

456-467 Non-primary production income from UTD (cents) 000000000000468-479 Other deductions relating to distributions from UTD

(cents)000000000000

UNCLASSIFIED 112


480-491 Discounted capital gain component of UTD (cents) 000000000000492-503 Indexed capital gain component of UTD (cents) 000000000000504-515 Other capital gain component of UTD (cents) 000000000000516-527 CGT concession amount (cents) 000000000000528-539 Net capital gain component of UTD (cents) 000000000000540-551 Total current year capital gains component of UTD

(cents)000000000000


000000000000

564-575 Assessable foreign source income (UTD component or other payment) (cents)

000000000000


000000000000

588-599 Foreign tax credits on UTD or other payment (cents) 000000000000600-611 Australian franking credits from a New Zealand

company (UTD component or other payment) (cents)000000000000

612-623 Tax-exempted component of UTD (cents) 000000000000624-635 Tax-free component of UTD (cents) 000000000000636-647 Tax-deferred component of UTD (cents) 000000000000648-659 Trust deductions not included elsewhere (cents) 000000000000660-671 Credit for amounts withheld from UTD under foreign

resident withholding (cents)000000000000

672-683 Credit for tax paid by trustee on UTD (cents) 000000000000684-695 Non-resident beneficiary ss98(3) assessable amount

(cents)000000000000

696-707 Non-resident beneficiary ss98(4) assessable amount 000000000000708-783 Interposed entity name (cents) Space fill if not applicable784-794 Interposed entity TFN or ABN zero fill if not applicable795-806 Managed investment trust fund payments (cents) zero fill if not applicable807-818 Amounts withheld from managed investment trust

fund payments (cents)zero fill if not applicable


UNCLASSIFIED 113



Gordon May – Investor 1 linked to Investment account data record 1.

Character position

Field name Contents

1-3 Record length 8504-12 Record identifier DINVESTOR13-14 Sequence number of DINVESTOR record 0115-39 Investment reference number 12345678940-64 Customer reference number CR123456789GM65-65 Investor entity type I66-74 Investor tax file number 24567812375-85 Investor Australian business number 0000000000086-105 Non-resident investor tax identification number space fill if not applicable106-135 Individual investor surname MAY136-150 Individual investor first given name GORDON151-165 Individual investor second given name THOMAS166-173 Individual investor date of birth 03101952174-174 Sex M175-374 Non-individual investor name space fill for individual

investor375-412 Australian address – line 1 UNIT 5 FERNY TOWERS413-450 Australian address – line 2 123 FERNY ROAD451-477 Australian suburb, town or locality SYDNEY478-480 Australian state or territory NSW481-484 Australian postcode 2000485-492 Date of change of residency status from resident to

non-residentzero fill if not applicable

493-530 Overseas address – line 1 space fill if not applicable531-568 Overseas address – line 2 space fill if not applicable569-595 Overseas suburb, town or locality space fill if not applicable596-630 Overseas state or province space fill if not applicable631-639 Overseas postal code space fill if not applicable640-677 Overseas country space fill if not applicable678-680 Non-resident investor overseas country code space fill if not applicable681-718 Non-resident investor country of residence for tax

purposesspace fill if not applicable

719-726 Date of change of residency status from non-resident to resident

zero fill if not applicable

727-741 Investor daytime contact telephone number 02 9876 5432742-850 Filler space fill

UNCLASSIFIED 114



Judith May – Investor 2 linked to Investment account data record 1.

Character position

Field name Contents

1-3 Record length 8504-12 Record identifier DINVESTOR13-14 Sequence number of DINVESTOR record 0215-39 Investment reference number 12345678940-64 Customer reference number CR123456789JM65-65 Investor entity type I66-74 Investor tax file number 68639754175-85 Investor Australian business number 0000000000086-105 Non-resident investor tax identification number space fill if not applicable106-135 Individual investor surname MAY136-150 Individual investor first given name JUDITH151-165 Individual investor second given name TERRI166-173 Individual investor date of birth 30061954174-174 Sex F175-374 Non-individual investor name space fill for individual

investor375-412 Australian address – line 1 UNIT 5 FERNY TOWERS413-450 Australian address – line 2 123 FERNY ROAD451-477 Australian suburb, town or locality SYDNEY478-480 Australian state or territory NSW481-484 Australian postcode 2000485-492 Date of change of residency status from resident to






727-741 Investor daytime contact telephone number space fill if not available742-850 Filler space fill

UNCLASSIFIED 115



Deferred interest securities (5 year debentures) held by a resident non-individual investor, ABC Investments Pty Ltd.

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier DACCOUNT12-19 Sequence number of DACCOUNT record 0000000220-44 Investment reference number 98745632145-69 Account reference number 5 YEAR DEBENTURES70-75 BSB number 45612376-105 Branch location may be space filled if BSB

is provided106-305 Account name ABC INVESTMENTS PTY

LTD306-307 Number of investors in the account 01308-309 Number of investor records provided 01310-317 Date of payment 30062011318-318 Type of investment 3319-321 Type of payment DIS322-323 Term of investment 05324-335 TFN withholding tax deducted (cents) 000000000000336-347 TFN withholding tax refunded (cents) 000000000000348-359 Non-resident withholding amount deducted (cents) 000000000000360-371 Non-resident withholding amount refunded (cents) 000000000000372-383 Cash or non-cash value of an investment related

betting chance prize (cents) 000000000000




000000000000


(cents)000000000000


(cents)000000000000


(cents)000000000000


000000000000

UNCLASSIFIED 116



000000000000


000000000000






(cents)000000000000


000000000000

708-783 Interposed entity name space fill if not applicable784-794 Interposed entity TFN or ABN zero fill if not applicable795-806 Managed investment trust fund payments (cents) zero fill if not applicable807-818 Amounts withheld from managed investment trust



UNCLASSIFIED 117



ABC Investments Pty Ltd – Investor 1 linked to Investment account data record 2.

Character position

Field name Contents

1-3 Record length 8504-12 Record identifier DINVESTOR13-14 Sequence number of DINVESTOR record 0115-39 Investment reference number 98745632140-64 Customer reference number CR987456321ABC65-65 Investor entity type C66-74 Investor tax file number 00000000075-85 Investor Australian business number 1236549871286-105 Non-resident investor tax identification number space fill if not applicable106-135 Individual investor surname space fill for non-individual

investor136-150 Individual investor first given name space fill for non-individual

investor151-165 Individual investor second given name space fill for non-individual

investor166-173 Individual investor date of birth zero fill for non-individual

investor174-174 Sex space fill for non-individual

investor175-374 Non-individual investor name ABC INVESTMENTS PTY

LTD375-412 Australian address – line 1 SUITE 6 ASHVILLE

PLAZA413-450 Australian address – line 2 564 ROADWORKS ROAD451-477 Australian suburb, town or locality ASHVILLE478-480 Australian state or territory QLD481-484 Australian postcode 4066485-492 Date of change of residency status from resident to







UNCLASSIFIED 118



A term deposit held by a resident partnership, Bruce and Wilma Briggs, T/A Wilma's Wigs –- partnership ABN quoted.

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier DACCOUNT12-19 Sequence number of DACCOUNT record 0000000320-44 Investment reference number 45632187945-69 Account reference number 3 MTH TERM DEPOSIT70-75 BSB number 45612376-105 Branch location may be space filled if BSB

is provided106-305 Account name WILMA'S WIGS306-307 Number of investors in the account 01308-309 Number of investor records provided 01310-317 Date of payment 30062011318-318 Type of investment 2319-321 Type of payment TDP322-323 Term of investment 00324-335 TFN withholding tax deducted (cents) 000000000000336-347 TFN withholding tax refunded (cents) 000000000000348-359 Non-resident withholding amount deducted (cents) 000000000000360-371 Non-resident withholding amount refunded (cents) 000000000000372-383 Cash or non-cash value of an investment related





000000000000


(cents)000000000000


(cents)000000000000


(cents)000000000000


000000000000


000000000000

UNCLASSIFIED 119



000000000000






(cents)000000000000


000000000000




UNCLASSIFIED 120



Bruce and Wilma Briggs T/A Wilma's Wigs – one resident non-individual investor linked to Investment account data record 3.

Character position

Field name Contents

1-3 Record length 8504-12 Record identifier DINVESTOR13-14 Sequence number of DINVESTOR record 0115-39 Investment reference number 45632187940-64 Customer reference number CR456321879WW65-65 Investor entity type P66-74 Investor tax file number 00000000075-85 Investor Australian business number 1324569871286-105 Non-resident investor tax identification number space fill if not applicable106-135 Individual investor surname space fill for non-individual

investor136-150 Individual investor first given name space fill for non-individual

investor151-165 Individual investor second given name space fill for non-individual

investor166-173 Individual investor date of birth zero fill for non-individual

investor174-174 Sex space fill for non-individual

investor175-374 Non-individual investor name BRUCE AND WILMA

BRIGGS T/A WILMA'S WIGS

375-412 Australian address – line 1 SHOP 10 SHERWOOD PLAZA

413-450 Australian address – line 2 389 OAKEY ROAD451-477 Australian suburb, town or locality SHERWOOD478-480 Australian state or territory QLD481-484 Australian postcode 4075485-492 Date of change of residency status from resident to







UNCLASSIFIED 121



A term deposit made on behalf of a resident individual investor by T A LAW SOLICITORS acting as an interposed entity.

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier DACCOUNT12-19 Sequence number of DACCOUNT record 0000000420-44 Investment reference number 66436544145-69 Account reference number 12 MTH TERM70-75 BSB number 34561276-105 Branch location may be space filled if BSB

is provided106-305 Account name T A LAW OBO JOHN

SMITH306-307 Number of investors in the account 01308-309 Number of investor records provided 01310-317 Date of payment 30062011318-318 Type of investment 2319-321 Type of payment TDP322-323 Term of investment 00324-335 TFN withholding tax deducted (cents) 000000000000336-347 TFN withholding tax refunded (cents) 000000000000348-359 Non-resident withholding amount deducted (cents) 000000000000360-371 Non-resident withholding amount refunded (cents) 000000000000372-383 Cash or non-cash value of an investment related





000000000000


(cents)000000000000


(cents)000000000000


(cents)000000000000


000000000000

UNCLASSIFIED 122



000000000000


000000000000






(cents)000000000000


000000000000

708-783 Interposed entity name T A LAW SOLICITORS784-794 Interposed entity TFN or ABN 49675432789795-806 Managed investment trust fund payments (cents) zero fill if not applicable807-818 Amounts withheld from managed investment trust



UNCLASSIFIED 123



John Smith – One individual investor linked to Investment account data record 4.

Character position

Field name Contents

1-3 Record length 8504-12 Record identifier DINVESTOR13-14 Sequence number of DINVESTOR record 0115-39 Investment reference number 66436544140-64 Customer reference number CR456321879JS65-65 Investor entity type I66-74 Investor tax file number 426894561 (John Smith's

TFN)75-85 Investor Australian business number 0000000000086-105 Non-resident investor tax identification number space fill if not applicable106-135 Individual investor surname SMITH136-150 Individual investor first given name JOHN151-165 Individual investor second given name H166-173 Individual investor date of birth 23091923174-174 Sex M175-374 Non-individual investor name space fill375-412 Australian address – line 1 C/- L A LAW SOLICITORS413-450 Australian address – line 2 PO BOX 49451-477 Australian suburb, town or locality ADELAIDE478-480 Australian state or territory SA481-484 Australian postcode 5000485-492 Date of change of residency status from resident to






727-741 Investor daytime contact telephone number space fill is not available742-850 Filler space fill

UNCLASSIFIED 124



A savings account that paid a $1,000 cash prize to an investor who was eligible to enter a bonus draw. Where the investor has not quoted a TFN or ABN nor claimed an exemption from quoting, ABC Bank Limited is obliged to deduct TFN withholding tax from the prize value.

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier DACCOUNT12-19 Sequence number of DACCOUNT record 0000000520-44 Investment reference number 55796544745-69 Account reference number FIRST CHOICE70-75 BSB number 34561276-105 Branch location may be space filled if BSB

is provided106-305 Account name ROBERT BROWN306-307 Number of investors in the account 01308-309 Number of investor records provided 01310-317 Date of payment 30062011318-318 Type of investment 7319-321 Type of payment IRB322-323 Term of investment 00324-335 TFN withholding tax deducted (cents) 000000048500336-347 TFN withholding tax refunded (cents) 000000000000348-359 Non-resident withholding amount deducted (cents) 000000000000360-371 Non-resident withholding amount refunded (cents) 000000000000372-383 Cash or non-cash value of an investment related





000000000000


(cents)000000000000


(cents)000000000000


(cents)000000000000


000000000000

UNCLASSIFIED 125



000000000000


000000000000



612-623 Tax-exempted component of UTD (cents) 000000000000624-635 Tax-free component of UTD (cents) 000000000000636-647 Tax-deferred component of UTD (cents) 000000000000648-659 Trust deductions not included elsewhere 000000000000660-671 Credit for amounts withheld from UTD under foreign



(cents)000000000000


000000000000




UNCLASSIFIED 126



Robert Brown – Investor 1 linked to Investment account data record 5.

Character position

Field name Contents

1-3 Record length 8504-12 Record identifier DINVESTOR13-14 Sequence number of DINVESTOR record 0115-39 Investment reference number 55796544740-64 Customer reference number CR557965447RB65-65 Investor entity type I66-74 Investor tax file number 00000000075-85 Investor Australian business number 0000000000086-105 Non-resident investor tax identification number space fill if not applicable106-135 Individual investor surname BROWN136-150 Individual investor first given name ROBERT151-165 Individual investor second given name space fill if no second

given name166-173 Individual investor date of birth zero fill if DOB not

available174-174 Sex M175-374 Non-individual investor name space fill for individual

investor375-412 Australian address – line 1 55 ROBINS ROAD413-450 Australian address – line 2 space fill if not required451-477 Australian suburb, town or locality SHELLY478-480 Australian state or territory VIC481-484 Australian postcode 3701485-492 Date of change of residency status from resident to







UNCLASSIFIED 127



A savings account held by a non-resident investor for tax purposes who changed his residency status from resident to non-resident during the financial year and is now residing in England but has provided an Australian postal address.

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier DACCOUNT12-19 Sequence number of DACCOUNT record 0000000620-44 Investment reference number 18712365445-69 Account reference number EDO5670-75 BSB number 12345676-105 Branch location space fill if BSB provided106-305 Account name GLEN SMITH306-307 Number of investors in the account 01308-309 Number of investor records provided 01310-317 Date of payment 30062011318-318 Type of investment 1319-321 Type of payment INT322-323 Term of investment 00324-335 TFN withholding tax deducted (cents) 000000000000336-347 TFN withholding tax refunded (cents) 000000000000348-359 Non-resident withholding amount deducted (cents) 000000000600360-371 Non-resident withholding amount refunded (cents) 000000000000372-383 Cash or non-cash value of an investment related





000000000000


(cents)000000000000


(cents)000000000000


(cents)000000000000


000000000000


000000000000

UNCLASSIFIED 128



000000000000






(cents)000000000000


000000000000




UNCLASSIFIED 129



Glen Smith - Investor 1 linked to Investment account data record 6.

Character position

Field name Contents

1-3 Record length 8504-12 Record identifier DINVESTOR13-14 Sequence number of DINVESTOR record 0115-39 Investment reference number 18712365440-64 Customer reference number CR187123654GS65-65 Investor entity type I66-74 Investor tax file number 88888888875-85 Investor Australian business number 0000000000086-105 Non-resident investor tax identification number may be space filled if BSB

is provided106-135 Individual investor surname SMITH136-150 Individual investor first given name GLEN151-165 Individual investor second given name ROBERT166-173 Individual investor date of birth 27041970174-174 Sex M175-374 Non-individual investor name space fill for individual

investor375-412 Australian address – line 1 C/- G J WATSON413-450 Australian address – line 2 55 RACECOURSE RD451-477 Australian suburb, town or locality RANDWICK478-480 Australian state or territory NSW481-484 Australian postcode 2031485-492 Date of change of residency status from resident to

non-resident14082010

493-530 Overseas address – line 1 RICHMOND ROAD531-568 Overseas address – line 2 RICHMOND HILL569-595 Overseas suburb, town or locality RICHMOND-UPON-

THAMES596-630 Overseas state or province SURREY631-639 Overseas postal code TWI06RW640-677 Overseas country ENGLAND678-680 Non-resident investor overseas country code GBR681-718 Non-resident investor country of residence for tax

purposesENGLAND




UNCLASSIFIED 130


File total record

Character position

Field name Contents

1-3 Record length 8504-13 Record identifier FILE-TOTAL14-21 Number of records 0000001922-29 Count of IDENTITY records in the file 0000000130-37 Count of DACCOUNT records in the file 0000000638-45 Count of DACCSUPP records in the file 0000000046-53 Count of DFMDACCT records in the file 0000000054-61 Count of DINVESTOR records in the file 0000000762-850 Filler space fill

UNCLASSIFIED 131


EXAMPLE 2

XYZ Managed Fund is both the supplier and the reporter of its own AIIR data. It uses a commercial software application, AIIREZY, for supplying AIIR data to the ATO and will be using AIIREZY version 9.0.1 to supply AIIR data for the 2010-11 financial year.

The content of the example file below has been limited to the following two accounts and one payment type: 2 unit trust distribution accounts (UTD) 1 associated unit trust distribution supplementary accountThese accounts are held by individual resident investors.

A standard AIIR file containing the sample records and original data would be structured as follows:

Record Name Record Identifier Rec Seq Num

Comments

Supplier data record 1 IDENTREGISTER1 Financial year end date = 30062011Spec Ver num = FINVAV09.0

Supplier data record 2 IDENTREGISTER2 Supplier name = XYZ Managed Fund

Supplier data record 3 IDENTREGISTER3 Supplier street address for return of media and supplier postal address for correspondence relating to media.


IDENTITY 00001 Financial Year = 2011 IB name = XYZ Managed Fund

Software record SOFTWARE Software product typeInvestment account data record 1

DACCOUNT 00000001 Account 1

Supplementary income account data record 1

DACCSUPP 01 Supplementary data linked to investment account data record 1


DACCOUNT 00000002 Account 2

Investor data record 1 DINVESTOR 01 Investor 1 linked to account 2File total record FILE-TOTAL Count of all records in file = 11

Count of IDENTITY records in file = 1Count of DACCOUNT records in file = 2Count of DACCSUPP records in file = 1Count of DFMDACCT records in file = 0Count of DINVESTOR records in file = 2

Following are the sample records for XYZ Managed Fund:

UNCLASSIFIED 132



Character position

Field name Contents

1-3 Record length 8504-17 Record identifier IDENTREGISTER118-28 Supplier Australian business number 2503215901429-29 Run type P30-37 Financial year end date 3006201138-38 Data type I39-39 Type of report A40-40 Type of return media P41-50 ATO reporting specification version number FINVAV09.051-51 File format validation method N52-850 Filler space fill


Character position

Field name Contents

1-3 Record length 8504-17 Record identifier IDENTREGISTER218-217 Supplier name XYZ Managed Fund218-255 Supplier contact name Jodie Jones256-270 Supplier contact telephone number 07 3531 5000271-285 Supplier facsimile number 07 3531 5008286-310 Supplier file reference AIIR11XYZ1311-335 Supplier file reference of file being replaced or

containing records to be corrected.space fill



Character position

Field name Contents

1-3 Record length 8504-17 Record identifier IDENTREGISTER318-55 Supplier street address – line 1 LEVEL 5 56-93 Supplier street address – line 2 200 GEORGE ST94-120 Supplier suburb, town or locality BRISBANE121-123 Supplier state or territory QLD124-127 Supplier postcode 4000128-147 Supplier country space fill148-185 Supplier postal address – line 1 GPO BOX 800186-223 Supplier postal address – line 2 space fill224-250 Supplier suburb, town or locality BRISBANE251-253 Supplier state or territory QLD254-257 Supplier postcode 4000258-277 Supplier country space fill

UNCLASSIFIED 133


278-353 Supplier email address [email protected] Filler space fill


Character position

Field name Contents

1-3 Record length 8504-11 Record identifier IDENTITY12-16 Sequence number of IDENTITY record 0000117-20 Financial year 201121-31 Investment body Australian business number (ABN)

or withholding payer number (WPN)25032159010

32-34 Investment body branch number 00135-234 Investment body registered name XYZ Managed Fund235-310 Investment body trading name XYZ Fund 311-348 Investment body address – line 1 LEVEL 5 349-386 Investment body address – line 2 200 George Street387-413 Suburb, town or locality BRISBANE414-416 State or territory QLD417-420 Postcode 4000421-440 Country space fill441-478 Investment body contact name JODIE JONES479-493 Investment body contact telephone number 07 3531 4567494-508 Investment body contact facsimile number 07 3531 4568509-584 Investment body contact email address [email protected] Reporting period indicator N586-593 SAP year end date zero fill594-594 Future reporting obligation Y595-849 Filler space fill850-850 Report format indicator S

Software record

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier SOFTWARE12-91 Software product type Commercial SoftSolve Pty

Ltd AIIREZY VER 9.092-850 Filler space fill

UNCLASSIFIED 134



An investment in a managed fund held by a resident investor.

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier DACCOUNT12-19 Sequence number of DACCOUNT record 0000000120-44 Investment reference number 1236547845-69 Account reference number TRT94670-75 BSB number 00000076-105 Branch location 4000106-305 Account name CHARLOTTE BROWN306-307 Number of investors in the account 01308-309 Number of investor records provided 01310-317 Date of payment 30062011318-318 Type of investment 5319-321 Type of payment UTD322-323 Term of investment 00324-335 TFN withholding tax deducted (cents) 000000007600336-347 TFN withholding tax refunded (cents) 000000000000348-359 Non-resident withholding amount deducted (cents) 000000000000360-371 Non-resident withholding amount refunded (cents) 000000000000372-383 Cash or non-cash value of an investment related





000000000000


(cents)000000019200


(cents)000000001900


(cents)000000000000


000000000000


000000000000


000000000000

UNCLASSIFIED 135







(cents)000000000000


000000000000




Supplementary income account data record 1

Character position

Field Name Contents

1-3 Record length 8504-11 Record identifier DACCSUPP12-14 Supplementary income payment type UTD15-16 Sequence number of DACCSUPP record 0117-28 National Rental Affordability Scheme tax offset

(cents)000000000000

29-40 Primary production income (cents) 00000000000041-52 Credit for Australian Business Number amounts

withheld (cents)000000000000


000000000000


000000005300

77-88 Attributed income from Transferor trusts (cents) 00000000000089-100 Attributed foreign income from Foreign investment

fund or Foreign life assurance policy (cents)000000000000


000000000000

113-124 Net foreign rent (cents) 000000000000125-850 Filler space fill

UNCLASSIFIED 136



Charlotte Brown - Investor 1 linked to Investment account data record 1 and Supplementary income account data record 1.

Character position

Field name Contents

1-3 Record length 8504-12 Record identifier DINVESTOR13-14 Sequence number of DINVESTOR record 0115-39 Investment reference number 18712365440-64 Customer reference number CB393939S65-65 Investor entity type I66-74 Investor tax file number 36936936975-85 Investor Australian business number 0000000000086-105 Non-resident investor tax identification number Space fill if not applicable106-135 Individual investor surname BROWN136-150 Individual investor first given name CHARLOTTE151-165 Individual investor second given name LUCY166-173 Individual investor date of birth 17101984174-174 Sex F175-374 Non-individual investor name space fill for individual

investor375-412 Australian address – line 1 55 PIER AVENUE413-450 Australian address – line 2 Space fill if not applicable451-477 Australian suburb, town or locality SHORNCLIFFE478-480 Australian state or territory QLD481-484 Australian postcode 4017485-492 Date of change of residency status from resident to

non-residentZero fill if not applicable

493-530 Overseas address – line 1 Space fill if not applicable531-568 Overseas address – line 2 Space fill if not applicable569-595 Overseas suburb, town or locality Space fill if not applicable596-630 Overseas state or province Space fill if not applicable631-639 Overseas postal code Space fill if not applicable640-677 Overseas country Space fill if not applicable678-680 Non-resident investor overseas country code Space fill if not applicable681-718 Non-resident investor country of residence for tax

purposesSpace fill if not applicable




UNCLASSIFIED 137



An investment in a managed fund held by a resident investor.

Character position

Field name Contents

1-3 Record length 8504-11 Record identifier DACCOUNT12-19 Sequence number of DACCOUNT record 0000000220-44 Investment reference number 876945145-69 Account reference number TRT50570-75 BSB number 00000076-105 Branch location 4000106-305 Account name MADELINE CLARKE306-307 Number of investors in the account 01308-309 Number of investor records provided 01310-317 Date of payment 30062011318-318 Type of investment 5319-321 Type of payment UTD322-323 Term of investment 00324-335 TFN withholding tax deducted (cents) 000000000000336-347 TFN withholding tax refunded (cents) 000000000000348-359 Non-resident withholding amount deducted (cents) 000000000000360-371 Non-resident withholding amount refunded (cents) 000000000000372-383 Cash or non-cash value of an investment related





000000000000


(cents)000000063000


(cents)000000005400


(cents)000000069000


000000000000


000000000000


000000000000

UNCLASSIFIED 138







(cents)000000000000


000000000000




UNCLASSIFIED 139



MADELINE CLARKE - Investor 1 linked to Investment account data record 2.

Character position

Field name Contents

1-3 Record length 8504-12 Record identifier DINVESTOR13-14 Sequence number of DINVESTOR record 0115-39 Investment reference number 18712365440-64 Customer reference number CB393939S65-65 Investor entity type I66-74 Investor tax file number 36936936975-85 Investor Australian business number 0000000000086-105 Non-resident investor tax identification number Space fill if not applicable106-135 Individual investor surname CLARKE136-150 Individual investor first given name MADELINE151-165 Individual investor second given name LISA166-173 Individual investor date of birth 08071989174-174 Sex F175-374 Non-individual investor name space fill for individual

investor375-412 Australian address – line 1 48 BAYLES STREET413-450 Australian address – line 2 Space fill if not applicable451-477 Australian suburb, town or locality PARK RIDGE478-480 Australian state or territory QLD481-484 Australian postcode 4017485-492 Date of change of residency status from resident to

non-residentZero fill if not applicable

493-530 Overseas address – line 1 Space fill if not applicable531-568 Overseas address – line 2 Space fill if not applicable569-595 Overseas suburb, town or locality Space fill if not applicable596-630 Overseas state or province Space fill if not applicable631-639 Overseas postal code Space fill if not applicable640-677 Overseas country Space fill if not applicable678-680 Non-resident investor overseas country code Space fill if not applicable681-718 Non-resident investor country of residence for tax

purposesSpace fill if not applicable




UNCLASSIFIED 140


File total record

Character position

Field name Contents

1-3 Record length 8504-13 Record identifier FILE-TOTAL14-21 Number of records 0000001122-29 Count of IDENTITY records in the file 0000000130-37 Count of DACCOUNT records in the file 0000000238-45 Count of DACCSUPP records in the file 0000000146-53 Count of DFMDACCT records in the file 0000000054-61 Count of DINVESTOR records in the file 0000000262-850 Filler space fill

UNCLASSIFIED 141


9 REPORTING FARM MANAGEMENT DEPOSIT ACCOUNTSThe Farm management deposit (FMD) scheme enables primary producers to deduct from their assessable income the amount of farm management deposits made in an income year. This allows them to manage their exposure to seasonal fluctuations by shifting before-tax income to years when it is most needed. The deposits must normally remain invested for at least 12 months. Deposits can be transferred between investment bodies and maintain their FMD status. Interest income from FMDs is assessable in the income year it is paid. The owner of the deposit is also assessed on any amount of deposits repaid in the income year.

The usual reporting provisions associated with investments apply to FMDs. TFNs or ABNs quoted by investors are to be reported in quarterly TFN or ABN reports and interest amounts paid or credited to these accounts during the financial year are to be reported in the AIIR. In addition, movements of principal amounts and the date of the original deposit are to be reported. Details of new deposits, repayments of deposits and transfers of deposits between investment bodies has to be provided in a Farm management deposit account data record as part of the AIIR.

Farm management deposits may only be held by one person. One Investor data record should be reported for each Investment account data record and/or Farm management deposit account data record associated with a deposit. The non-individual investor name field must be space filled in any Investor data record associated with an FMD.

It is not necessary to report movements of principal where the full amount of an FMD is transferred in and transferred out in any reporting year. However, details of any interest paid or credited to the account must be reported. In these situations, an Investment account data record and Investor data record would be provided as part of the AIIR.

Interest amounts paid on an FMD during a financial year should be aggregated and reported in the Interest amount field in an Investment account data record where the Type of payment field is set to FMD. Interest amounts paid on an FMD during the year should not be reported as new FMDs in a Farm Management Deposit account data record unless they are equal to or greater than the lower limit set for the amount that can be deposited as an FMD.

Transfers in from another investment body should be reported in the Amount of transfer in field and not in the Amount of deposit field.

Transfers out to another investment body should be reported in Amount of transfer out field and not in the Total amount of repayments field.

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EXAMPLES OF FILE STRUCTURE FOR FMD ACCOUNT REPORTING

Example 1: Interest paid and movements in principal reported on the same data file

The data file would be structured as follows:

Record identifier Number of records

Description of records

Supplier data record 1 1Supplier data record 2 1Supplier data record 3 1Investment body identity record 1Software record 1Investment account data record 1 1 For interest earned on FMD account 1FMD account data record 1 1 For movement of principal for FMD account 1Investor data record 1 1 Investor linked to FMD account 1Investment account data record 2 1 For interest earned on FMD account 2FMD account data record 2 1 For movement of principal for FMD account 2Investor data record 2 1 Investor linked to FMD account 2Investment account data record 3 1 For interest earned on FMD account 3FMD account data record 3 1 For movement of principal for FMD account 3Investor data record 3 1 Investor linked to FMD account 3

Investment account data record n 1 For interest earned on FMD account nFMD account data record n 1 For movement of principal for FMD account nInvestor data record n 1 Investor linked to FMD account 1nFile Total record 1

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Example 2: Interest paid and movements in principal reported in separate data files

The first data file containing details of the interest paid on the FMD accounts would be structured as follows:



Supplier data record 1 1Supplier data record 2 1Supplier data record 3 1Investment body identity record 1Software record 1Investment account data record 1 1 For interest earned on FMD account 1Investor data record 1 1 Investor linked to FMD account 1Investment account data record 2 1 For interest earned on FMD account 2Investor data record 2 1 Investor linked to FMD account 2Investment account data record 3 1 For interest earned on FMD account 3Investor data record 3 1 Investor linked to FMD account 3

Investment account data record n 1 For interest earned on FMD account nInvestor data record n 1 Investor linked to FMD account nFile Total record 1

The second data file containing details of the movements of principal in the FMD accounts would be structured as follows:



Supplier data record 1 1Supplier data record 2 1Supplier data record 3 1Investment body identity record 1Software record 1FMD account data record 1 1 For movement of principal for FMD account 1Investor data record 1 1 Investor linked to FMD account 1FMD account data record 2 1 For movement of principal for FMD account 2Investor data record 2 1 Investor linked to FMD account 2FMD account data record 3 1 For movement of principal for FMD account 3Investor data record 3 1 Investor linked to FMD account 3

FMD account data record n 1 For movement of principal for FMD account nInvestor data record n 1 Investor linked to FMD account nFile Total record 1

The investor data records in both data files in Example 2 would contain the same information as they would if the interest and movement of principal for each FMD account was reported in the one file, as in Example 1.

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10 SENDING FILES CONTAINING REPLACEMENT AIIRA file containing one or more replacement AIIR should be sent to the ATO when: one or more AIIR in a file previously supplied have been rejected by the ATO as a result of

data quality problems identified during processing, or the data supplier determines, after having sent an AIIR, that there is a problem with the

data and they want to send a replacement AIIR.

Sending a replacement AIIR means sending a whole AIIR to replace a whole AIIR that has been previously supplied.

Sending corrected AIIR records means sending some new records to correct some records provided in a previously supplied AIIR that has been accepted by the ATO. Sending corrected records is covered in the section 12 Sending files containing corrected AIIR records.

If original data is sent to the ATO on electronic storage media and rejected by ATO because it could not be loaded and the media is returned to the supplier, this data should be re-submitted as original data and not as replacement or corrected data.

If a file containing one or more replacement AIIR is submitted, the Type of report field in the Supplier data record 1 must be set to R.

A file that contains replacement AIIR should not also contain the original AIIR or an AIIR that contains corrected records. The file may contain replacement nil returns provided it also contains at least one replacement AIIR that is in standard AIIR format.

To enable a replacement AIIR to be correctly linked to an original or previously supplied AIIR, correct information must be supplied in the following fields. The Supplier file reference field in Supplier data record 2 (the supplier file reference of the

current file) The Supplier file reference of file being replaced or containing records being corrected field

in Supplier data record 2 (the supplier file reference of the original or previously supplied file)

The Sequence number of the IDENTITY record field in the Investment body identity record (the sequence number of the original file).

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EXAMPLE OF REPLACEMENT AIIR

The example below shows two cases of replacement AIIR where all lodgments in the file are replaced where only one lodgment in the file is replaced.

File 1 (original)

Record Type of Report

Supplier file reference of the current file

Supplier file reference of file being replaced

Sequence number of IDENTITY record in the current file

Sequence number of DACCOUNT record in the current AIIR

Sequence number of DINVESTOR record in the current account

IDENTREGISTER1 AIDENTREGISTER2 ABC001 SpaceIDENTREGISTER3IDENTITY 00001SOFTWAREDACCOUNT 00000001DINVESTOR 01DACCOUNT 00000002DINVESTOR 01DINVESTOR 02IDENTITY 00002SOFTWAREDACCOUNT 00000001DINVESTOR 01IDENTITY 00003SOFTWAREDACCOUNT 00000001DINVESTOR 01FILE-TOTAL

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File 2 (replacement)

In this case, all of the AIIR in File 1 is being replaced in File 2.




Sequence number of IDENTITY record in the original file



IDENTREGISTER1 RIDENTREGISTER2 ABC002 ABC001IDENTREGISTER3IDENTITY 00001SOFTWAREDACCOUNT 00000001DINVESTOR 01DACCOUNT 00000002DINVESTOR 01DINVESTOR 02IDENTITY 00002SOFTWAREDACCOUNT 00000001DINVESTOR 01IDENTITY 00003SOFTWAREDACCOUNT 00000001DINVESTOR 01FILE-TOTAL

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File 3 (replacement)

In this case only the second AIIR in File 2 is being replaced in File 3.







IDENTREGISTER1 RIDENTREGISTER2 ABC003 ABC002IDENTREGISTER3IDENTITY 00002SOFTWAREDACCOUNT 00000001DINVESTOR 01DINVESTOR 02FILE-TOTAL

A replacement AIIR can contain more or less account or investor records than the AIIR it replaces because when a replacement AIIR is received, the AIIR being replaced will be rejected and the replacement AIIR will be treated as the current report.

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11 SENDING FILES CONTAINING NIL AIIR

NIL RETURN AIIR

A NIL Return AIIR may be supplied by an investment body that, during the financial year to which the report relates, did not: accept 10 or more investments, make payments of $1 or more to investors, deduct TFN withholding tax from investment income, have a movement of principal of a Farm Management Deposit, or deduct TFN withholding tax from a repayment of a Farm Management Deposit where the

investor did not quote a TFN or an ABN.

An investment body that has nothing to report for the financial year is not obliged by law to lodge a NIL Return AIIR. However, co operation with this request is encouraged. This way, the ATO can keep a record that the investment body has advised their situation and we will not need to contact them again regarding the AIIR for that financial year. By lodging a NIL return, the investment body that has nothing to report for the financial year will avoid receiving a non-lodgment letter and possible non-lodgment penalties.

One or more NIL Return AIIR may be lodged via ECI, on electronic storage media (MIPs) or on paper forms.

LODGING NIL RETURNS VIA ECI OR MIPS

NIL return files, that is files that contain one or more NIL returns only, will be accepted by ECI or MIPS if the Type of report in Supplier data record 1 is set to 'N'. This will indicate that the file correctly contains no Investment account data records (DACCOUNT), Farm Management Deposit account data records (DFMDACCT) or Investor data records (DINVESTOR). The file will be accepted as a NIL return file and processed accordingly.

In addition, the Report format indicator in the last character position in each of the Investment body identity records in the file must be set to 'N' to indicate that each report in the file is a NIL return.

A NIL return AIIR may be included in an 'Original’, or ‘Replacement’ AIIR file that contains at least one ‘standard’ AIIR containing at least one Investment account data record or Farm Management Deposit account data record and one Investor data record. In this case, the Report format indicator in the last character position in the Investment body identity record in the NIL return must be set to 'N' to indicate that this particular report is a NIL return.

LODGING NIL RETURNS ON PAPER.

Where an investment body is not able to supply NIL returns via ECI or on electronic storage media, NIL returns may be supplied on paper by completing the Investment body information – Nil return form in Section 18 Forms, and mailing it to the address on the form.

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12 SENDING FILES CONTAINING CORRECTED AIIR RECORDSIf an investment body makes adjustments to account information after it has been reported to the ATO, corrected account and investor details must be provided if the adjustment to any amount is more than ± $20.00 for an individual investor or ± $100.00 for a non-individual investor. If adjustments are made to amounts before the AIIR is sent, the adjusted amounts should be included in the original AIIR.

For example, if an investment body adjusts the interest rate previously applied to a range of accounts resulting in an adjustment to the interest amount paid to some investors for the financial year and this adjustment is made after the AIIR has been sent to the ATO, the investment body is required to supply the ATO with details of those individual investor accounts where the adjustment exceeded ± $20.00 and those non-individual investor accounts where the adjustment exceeded ± $100.00.

The corrected records reported to the ATO must include: the Investment account data record that has been corrected the supplementary income account data record that has been corrected (if any) all of the Investor data records associated with that Investment account data record, and all of the relevant account and investor details and not just the corrected data element(s).

The amount reported to the ATO should be the correct amount for the account for the year or for the date of payment and not the difference between the amount originally reported and the correct amount.

REPORTING CORRECTED AIIR RECORDS ON ELECTRONIC STORAGE MEDIA

Investment bodies can report corrected AIIR records to the ATO on electronic storage media. Corrected AIIR records should be supplied in the AIIR data file format specified in this document.

The data file should contain only the corrected records and must be identified by setting the Type of report field in the Supplier data record 1 to C. In addition, the media must be accompanied by a Electronic Storage Media Information Form for Annual investment income report – corrected records (a sample of this form is provided in section 18 Forms)

Investment bodies lodging corrected AIIR records on electronic storage media do not have to also lodge paper copies of the corrected records.

Supplying corrected AIIR records means supplying new records to correct information on some records supplied on an original or previously supplied AIIR that has not been rejected by the ATO.

Corrected AIIR records for one or more AIIR can be included in the one file.

Original AIIR or replacement AIIR should not be included in the same file as AIIR containing corrected records.

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When supplying corrected AIIR records, the following information must be reported: Supplier data record 1 – Type of report field must be set to C Supplier data record 2 – Supplier file reference field must be set to the supplier file

reference for the current file Supplier data record 2 – Supplier file reference of file being replaced or containing records

to be corrected field must be set to the supplier file reference of the original or previously supplied file

Investment body identity record – Sequence number of IDENTITY record field must be set to the sequence number of the Investment body identity record in the original file

Investment account data record – Sequence number of DACCOUNT record field must be set to the sequence number of the Investment account data record in the original file

Investor data record – Sequence number of DINVESTOR record field must be set to the sequence number of the Investor data record in the account in the original file.

When supplying corrected records, the Investment account data record and all of the Investor data records associated with the Investment account data record must be provided.

When supplying corrected records on electronic storage media, only records that have been previously supplied can be corrected. This file cannot be used to add records to or remove records from a report. If records are to be added to or removed from a report, a replacement AIIR must be provided.

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ExampleIn the example below, File 1 contains the original data. File 2 contains only corrected records for: IDENTITY 1, DACCOUNT 2 and its two associated investor records, and IDENTITY 3, DACCOUNT 3 and its one associated investor records.

File 1 (original)




Sequence number of IDENTITY record in the current file



IDENTREGISTER1 AIDENTREGISTER2 ABC001 SpaceIDENTREGISTER3IDENTITY 00001SOFTWAREDACCOUNT 00000001DINVESTOR 01DACCOUNT 00000002DINVESTOR 01DINVESTOR 02IDENTITY 00002SOFTWAREDACCOUNT 00000001DINVESTOR 01IDENTITY 00003SOFTWAREDACCOUNT 00000001DINVESTOR 01FILE-TOTAL

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File 2 (corrected AIIR records)





Sequence number of DACCOUNT record in the original AIIR

Sequence number of DINVESTOR record in the original account

IDENTREGISTER1 CIDENTREGISTER2 ABC002 ABC001IDENTREGISTER3IDENTITY 00001SOFTWAREDACCOUNT 00000002DINVESTOR 01DINVESTOR 02IDENTITY 00003SOFTWAREDACCOUNT 00000001DINVESTOR 01FILE-TOTAL

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REPORTING CORRECTED AIIR RECORDS ON PAPER

Investment bodies that are unable to report corrected AIIR records on electronic storage media must supply details of corrected records on paper using the forms provided in section 18 Forms. The two forms that must be used are: the Annual investment income report investment body information form, and the Annual investment income report – corrected account and investor details form.

If the original AIIR records were supplied on electronic storage media and the corrected AIIR records are supplied on paper, the following information must be reported: Supplier data record 2 – Supplier file reference of file being replaced or containing records

to be corrected field must be set to the supplier file reference of the original or previously supplied file

Investment body identity record – Sequence number of IDENTITY record field must be set to the sequence number of the Investment body identity record in the original file

Investment account data record – Sequence number of DACCOUNT record field must be set to the sequence number of the Investment account data record in the original file

Investor data record – Sequence number of DINVESTOR record field must be set to the sequence number of the Investor data record in the account in the original file.

When supplying corrected account or investor details on paper, all account and investor details must be provided and not just the corrected details. All original and corrected amounts must be provided and not just the amounts that have been corrected or the difference between the original amount and the correct amount.

If investor details are corrected, all original and corrected investor details must be provided for all investors in the account. If details for an investor are unchanged, ‘AS ABOVE’ may be entered in the Investor full name field in the corrected Investor data record for that investor.

Provision has been made for reporting corrected details for up to five investors per account on paper. If more investors records are required, those provided can be photocopied and renumbered as required.

If an investment body has a large number of corrected records to report to the ATO and cannot report them on electronic storage media or on paper as specified in this specification, then they should contact the ATO at [email protected] or phone 1800 072 681 (free call) for advice on how to supply this information.

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13 MORE INFORMATIONIf you are reporting for the first time and need assistance or you require clarification of any information contained in this specification, you can send your enquiry to:

Australian Taxation OfficePO Box 2090CHERMSIDE CENTRE QLD 4032

Alternatively, you can email your enquiry to [email protected] or phone our free call information line 1800 072 681.

Requests for extensions of time to lodge AIIR should be in writing and sent to:Data Acquisition and ManagementAustralian Taxation OfficePO Box 2090CHERMSIDE CENTRE QLD 4032

Alternatively, requests for extensions can be emailed to [email protected] or faxed to (07) 3213 8936

To enquire about extensions, phone our free call information line on 1800 072 681.

To enquire about lodgment of electronic storage media phone the ATO Business Tax Infoline on 13 28 66 between 8.00am – 6.00pm Monday to Friday.

Mailing address for CD-ROMs, DVDs and USB flash drives sent to MIPS is:Media Information Processing ServicesAustralian Taxation OfficePO Box 923ALBURY NSW 2640

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14 ALGORITHMS

TFN ALGORITHM

The TFN algorithm is a mathematical formula that tests the validity of numbers quoted as TFNs. Its use in software is recommended as it will minimise TFN errors and may subsequently reduce the need for contact between your organisation or your clients and the ATO.

Use of the TFN algorithm does not negate an investment body’s obligation to lodge a Quarterly TFN report when a new TFN or ABN is quoted in connection with an investment, during a reporting period.

The ATO will make the algorithm available on request to persons or organisations with a bonafide business need to use it.

To obtain the TFN algorithm you will need to send a written request containing the following information (the information may be emailed): name of the organisation or person requesting the algorithm contact person including phone number business address, and explanation of the business need for the algorithm.

Your request should be sent to:

The ManagerSoftware Industry Liaison UnitAustralian Taxation Office PO Box 9977NEWCASTLE NSW 2300

Alternatively, your request can be: faxed to (02) 4923 1680, or emailed to [email protected]

To find out more about the TFN algorithm or its use contact the Software Industry Liaison Unit on 1300 139 052 (toll free) or by email [email protected].

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ABN ALGORITHM

The ABN algorithm is a mathematical formula that tests the validity of numbers quoted as ABNs. Use of the ABN algorithm is recommended to minimise the number of invalid ABN quotations accepted by the investment body and to decrease the number of contacts required between the ATO, the investors and the investment body in relation to incorrectly quoted ABNs.

The ABN algorithm is available from www.ato.gov.au by searching for 'ABN format'.

WPN ALGORITHM

The WPN is an eight or nine digit number preceded by two or three leading zeros. To validate a WPN, ignore the two or three leading zeros and apply the 8 or 9 digit TFN algorithm.

A WPN is only to be used as an identifier by a supplier or a reporter that does not have an ABN. A WPN is not to be quoted by an investor, instead of a TFN or an ABN, in connection with a Part VA investment.

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http://www.ato.gov.au/


15 CHECKLISTUse the following checklist to ensure important steps in the preparation of the AIIR data file have been followed.

If you are reporting electronically:

All data records must be 850 characters in length.

The AIIR must be the only information in the file.

An AIIR must not be split across two or more sub-files unless each contains its own set of Supplier, Investment body, Software and File total records.

The data in the file must not be compressed.

If you are reporting on electronic storage media:

All data records must be 850 characters in length.

The AIIR must be the only information supplied on the same piece of media.

Multiple files (datasets) may be supplied on all types of media.

A data file must not be split across two or more pieces of media unless each sub-file contains its own set of Supplier, Investment body, Software and File total records.

The data on media must not be compressed or archived.

The file name must be:– DIVINTEX or of the form DIVINTEX.Ann for files containing original reports– DIVINTEX or of the form DIVINTEX.Rnn for files containing replacement reports– DIVINTEX or of the form DIVINTEX.Nnn for files containing nil returns– DIVINTEX or of the form DIVINTEX.Cnn for files containing corrected records.

The appropriate Electronic Storage media information form must be completed and enclosed with the media.

All electronic storage media must be forwarded to MIPS, not to your local ATO branch.

The electronic storage media (CD-ROMs, DVDs, floppy disks and USB flash drives) must be sent by courier or by mail.

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16 CORRECTED TFN AND ABN RETURN FILES

RETURN FILES ON ELECTRONIC STORAGE MEDIA

Suppliers who lodge their AIIR on electronic storage media may choose to receive corrected TFN and ABN information on electronic storage media or paper. Suppliers who indicate that they want to receive corrected TFN and ABN information on electronic storage media by entering M in the Type of return media field in the Supplier data record 1, will receive this information in the format specified in section 17 Specification of return data files.

AIIR and QTFN 'Return files' generated by MIPS are now encrypted, burned to CD, compressed and sent with a covering letter advising the supplier to contact MIPS to obtain the password.

UPDATING OF TFN OR ABN FIELDS BY INVESTMENT BODIES

When investment bodies receive the corrected TFN and ABN information from the ATO they are required to update the TFN or ABN fields in the corresponding investor records in their database.

Once an investment body has matched an Investor record from the return data file to the appropriate investor record in their database, unless the TFN or ABN held by the investment body for the investor is different from the Original investor tax file number or the Original investor Australian business number field the TFN and ABN for that investor should be replaced by the numbers in the Corrected investor tax file number and Corrected investor Australian business number fields.

If the Original investor tax file number or Original investor Australian business number does not match the TFN or ABN held by the investment body for the investor, then the details of the investor and the new TFN or ABN should be included in the next Quarterly tax file number report sent to the ATO.

INVESTORS DEEMED NOT TO HAVE QUOTED A TFN OR ABN

When the ATO is unable to find the TFN or ABN quoted by an investor on its client register, the investor is deemed not to have quoted and the Corrected investor tax file number and Corrected investor Australian business number fields will both be zero filled.

If the investor is deemed not to have quoted, the investment body is required to withhold from future payments of investment income subject to withholding arrangements, tax at the highest marginal rate plus the Medicare levy, until the investor either quotes a new TFN or ABN in connection with the investment, or claims an exemption from quoting.

Investors deemed not to have quoted are contacted by the ATO and advised to quote their current TFN or ABN to the investment body to avoid the imposition of the withholding tax.

NON-RESIDENT TAX IDENTIFICATION NUMBERS (TINS)

The ATO will not be sending corrected TINS in this file.

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17 SPECIFICATION OF RETURN DATA FILES

PHYSICAL SPECIFICATIONS OF THE ATO RETURN DATA FILE

AIIR files sent to MIPS on electronic storage media

In most cases, the return data file will be sent to the supplier on the same type of media as the supplier used to send the AIIR file to the ATO.

CD-ROMs and DVDs

The ATO will use the following optical media types: CD +/- R/RW DVD +/- R/RW (Dual layer)

Data will not be compressed.

The return data file for AIIR supplied on CD-ROM or DVD will most likely be supplied on CD-ROM as it is unlikely that the number of records in the return file would be sufficient to require the use of a DVD.

USB flash drives

The return data file for AIIR supplied on a USB flash drive will most likely be supplied on CD-ROM as it is unlikely that the number of records in the return file would be sufficient to require the use of a USB flash drive.

AIIR files sent via ECI

Return data files will be sent to the supplier via ECI.

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RETURN DATA FILE CONTENT

Each Return data file will contain a Return data – File identity record. The Return data – File identity record will identify the type of data in the file and contain the name and number of the supplier of the AIIR.

The Return data – File identity record will be followed by a Return data – Investment body identity record.

Return data – Investment body identity record will identify the investment body to which the following investor records belong.

The Return data – Investor records will contain investor identity and account information and follow the Return data - investment body identity record to which they belong.

If data for more than one investment body is returned to the data supplier in the one file, separate Return data – Investment body identity records will be provided and the Return data – Investor records will follow the Return data – Investment body identity record to which they belong.

A Return data – File total record will be the last record in the return file and will contain a count of all records in the file.

STRUCTURE OF RETURN DATA FILE

The example below shows the structure of the return data file containing corrected records for one investment body.

Return data – File identity record

Return data – Investment body identity recordReturn data – Investor record 1Return data – Investor record 2Return data – Investor record 3

Return data – Investor record n

Return data – File total record

If the return data file contains corrected TFN or ABN records for more than one investment body, the above structure (from Return data - Investment body identity record 1 to Return data - Investor record n) will be repeated for each investment body whose return data is included in the file, as shown in the next example.

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The example below shows the structure of the return data file containing corrected records for more than one investment body.


Return data – Investment body identity record 1Return data – Investor record 1Return data – Investor record 2Return data – Investor record 3









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RECORD SPECIFICATIONS OF RETURN DATA FILE

Return data – Header record

IBM standard labels will be used.

The following will be included in the header label: File name of INVALID Creation date of return file.


Character position

Field length

Field format

Field type


1-3 3 N M Record length 17.14-11 8 AN M Record identifier (=TFNIDENT) 17.212-12 1 A M Run type 17.313-13 1 A M Data type (=I) 17.414-14 1 A M Type of report (=A) 17.515-90 76 A M ATO business line sending return data 17.691-105 15 AN M ATO contact telephone number 17.7106-120 15 AN M ATO contact facsimile number 17.8121-121 1 A M ATO file medium type 17.9122-129 8 DT M ATO file creation date 17.10130-140 11 N M ATO file reference number 17.11141-150 10 AN M ATO report specification version number 17.12151-350 200 AN M Supplier name 17.13351-361 11 N M Supplier Australian business number

(ABN) or withholding payer number (WPN)

17.14

362-377 16 AN M Supplier file reference 17.37378-394 17 A S Filler 17.15

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Return data – Investment body identity record

Character position

Field length

Field format

Field type


1-3 3 N M Record length 17.14-11 8 AN M Record identifier (=IDENTITY) 17.1612-211 200 AN M Investment body name 17.17212-222 11 N M Investment body Australian business

number (ABN) or withholding payer number (WPN)

17.18

223-230 8 DT M Report start date 17.19231-238 8 DT M Report end date 17.20239-394 156 A S Filler 17.15

Return data – Investor record

Character position

Field length

Field format

Field type


1-3 3 N M Record length 17.14-7 4 AN M Record identifier (=DATA) 17.218-32 25 AN M Investment reference number 17.2233-57 25 AN O Customer reference number 17.2358-63 6 N O BSB number 17.2464-93 30 AN O Branch location 17.2594-94 1 A M Investor entity type 17.2695-103 9 N C Original investor tax file number 17.27104-112 9 N C Corrected investor tax file number 17.28113-123 11 N C Original investor Australian business

number17.29

124-134 11 N C Corrected investor Australian business number

17.30

135-164 30 AN C Individual investor surname 17.31165-179 15 AN C Individual investor first given name 17.32180-194 15 AN O Individual investor second given name 17.33195-394 200 AN C Non-individual investor name 17.34

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Character position

Field length

Field format

Field type


1-3 3 N M Record length 17.14-13 10 AN M Record identifier (=FILE-TOTAL) 17.3514-21 8 N M Number of records 17.3622-394 373 A S Filler 17.15

DATA FIELD DEFINITIONS – RETURN DATA FILE.

17.1 Record length – will be set to 394.

17.2 Record identifier – will be set to TFNIDENT.

17.3 Run type – identifies the information contained in the file as test or production data. This field will be set to either T for test data or P for production data.

17.4 Data type – identifies the type of data in the file. For AIIR corrected TFN or ABN data, this field will be set to I for investment.

17.5 Type of report – identifies the type of report data in the file. For AIIR corrected TFN and ABN data, this field will be set to A for AIIR.

17.6 ATO business line sending the return data – will be set to Australian Taxation Office – CIDC.

17.7 ATO contact telephone number – the telephone number of the ATO business line sending the data.

17.8 ATO contact facsimile number – the facsimile number of the ATO business line sending the data.

17.9 ATO file medium type – identifies the medium type to be used for the return file. This field will be set to one of the following values:R – CD-ROM or DVDN – Internet (ECI)

17.10 ATO file creation date – the date the return file was created by the ATO.

17.11 ATO file reference number – a number that uniquely identifies the return file.

17.12 ATO report specification version number – will be set to FINVAV09.0.

17.13 Supplier name – the name of the organisation that sent the AIIR file.

17.14 Supplier Australian business number – the ABN or WPN of the supplier that sent the AIIR file.

UNCLASSIFIED 166


17.15 Filler – will be space filled.

17.16 Record identifier – will be set to IDENTITY.

17.17 Investment body name – the full name of the investment body that lodged the AIIR.

17.18 Investment body Australian business number – the ABN or WPN of the investment body that lodged the AIIR.

17.19 Report start date – the start date of the reporting period.For example, if the AIIR was for the 2010-11 financial year, this field will be set to 01072010.

17.20 Report end date – the end date of the reporting period.For example, if the AIIR was for the 2010-11 financial year, this field will be set to 30062011.

17.21 Record identifier – will be set to DATA.

17.22 Investment reference number – the investment reference number provided by the investment body in the AIIR. If an investment reference number was not provided this field will be space filled.

17.23 Customer reference number – the customer reference number provided by the investment body in the AIIR. If a customer reference number was not provided, this field will be space filled.

17.24 BSB number – the BSB number provided by the investment body in the AIIR. If a BSB number was not provided, this field will be zero filled.

17.25 Branch Location – the branch location provided by the investment body in the AIIR. If a branch location was not provided, this field will be space filled.

17.26 Investor entity type – the investor entity type provided by the investment body in the AIIR. If an investor entity type was not provided, this field will be space filled.I – IndividualD – Deceased individualC – CorporationP – PartnershipT – TrustS – Superannuation fundG – Government organisationO – Other non-individual

17.27 Original investor tax file number – the investor TFN provided by the investment body in the AIIR.

17.28 Corrected investor tax file number – the corrected investor TFN or all zeros.

17.29 Original investor Australian business number – the investor ABN provided by the investment body in the AIIR.

UNCLASSIFIED 167


17.30 Corrected Australian business number – the corrected investor ABN or all zeros.

If the Corrected investor tax file number field and Corrected Australian business number field are both zero filled, neither a TFN nor an ABN could be found for the investor and the investor is deemed not to have quoted.

If the investor is deemed not to have quoted, the investment body is required to withhold from future payments of investment income subject to withholding arrangements, tax at the highest marginal rate plus the Medicare levy, until the investor either quotes a TFN or an ABN in connection with the investment, or claims an exemption from quoting.

Investors deemed not to have quoted are contacted by the ATO and advised to quote their correct TFN or ABN to the investment body to avoid the imposition of withholding tax.

17.31 Individual investor surname – the individual investor surname provided by the investment body in the AIIR. If an individual investor surname was not provided, this field will be space filled.

17.32 Individual investor first given name – the individual investor first given name provided by the investment body in the AIIR. If a first given name was not provided, this field will be space filled.

17.33 Individual investor second given name – the individual investor second given name provided by the investment body in the AIIR. If a second given name was not provided, this field will be space filled.

17.34 Non-individual investor name – the non-individual investor name provided by the investment body in the AIIR. If a non-individual name was not provided, this field will be space filled.

17.35 Record identifier – will be set to FILE-TOTAL.

17.36 Number of records – will be set to the sum total of all records in the return data file, including the following records: Return data – File identity record Return data – Investment body identity record(s) Return data – Investor record(s) Return data – File total record.

17.37 Supplier file reference – the supplier file reference in the AIIR file.

UNCLASSIFIED 168


18 FORMSThe following forms are provided for use by suppliers of AIIR data.

Electronic storage media information

ANNUAL INVESTMENT INCOME REPORT – ORIGINAL – IAANNUAL INVESTMENT INCOME REPORT – REPLACEMENT – IRANNUAL INVESTMENT INCOME REPORT – NIL RETURN – INANNUAL INVESTMENT INCOME REPORT – CORRECTED RECORDS – IC

Electronic storage media * multiple files

ANNUAL INVESTMENT INCOME REPORTS – ORIGINAL – IAANNUAL INVESTMENT INCOME REPORTS – REPLACEMENT – IRANNUAL INVESTMENT INCOME REPORTS – NIL RETURN – INANNUAL INVESTMENT INCOME REPORTS – CORRECTED RECORDS – IC

INVESTMENT BODY INFORMATION – NIL Return – on paper

INVESTMENT BODY INFORMATION – corrected records – on paper

ANNUAL INVESTMENT INCOME REPORT – corrected account and investor recordsType of Payment – DIS, FMD, TDP, INT

ANNUAL INVESTMENT INCOME REPORT – corrected account and investor recordsType of Payment – DIV

ANNUAL INVESTMENT INCOME REPORT – corrected account and investor recordsType of Payment – UTD, FSI, IRB

Original and corrected Investor data records – to be used with all of the above Types of Payment.

UNCLASSIFIED 169

ELECTRONIC STORAGE MEDIA INFORMATION

This form must be enclosed with PRODUCTION dataFor assistance phone the ATO Business Tax Infoline 13 28 66

This media contains ANNUAL INVESTMENT INCOME REPORT– REPLACEMENT

IRPeriod of report: // to //Supplier name

Supplier ABN or WPN Business address (for delivery of electronic storage media)

Number/Street

Suburb/Town Postcode Postal address (for delivery of correspondence)

Number/Street

Suburb/Town Postcode

Contact name

Facsimile number

Contact e-mail address

Media type (tick box )

CD-ROM DVD USB flash drive 31/2” disk

Please provide a media identifier on the outside of the media and on the line below.

Media identifier: ________________________________________

Delivery address for electronic storage mediaMedia Information Processing ServicesAustralian Taxation OfficePO Box 923ALBURY NSW 2640

Office use only

Process number __________ Date received // Signature _________________


This form must be enclosed with PRODUCTION dataFor assistance phone the ATO Business Tax Infoline 13 28 66

This media contains ANNUAL INVESTMENT INCOME REPORT– NIL RETURN

INPeriod of report: // to //Supplier name


Number/Street


Number/Street

Suburb/Town Postcode Contact name

Contact telephone number Facsimile number

Contact email address






Office use only



This form must be enclosed with PRODUCTION data For assistance phone the ATO Business Tax Infoline 13 28 66

This media contains ANNUAL INVESTMENT INCOME REPORT– CORRECTED RECORDS IC

Period of report: // to //Supplier name


Number/Street


Number/Street


Contact name








Office use only


ELECTRONIC STORAGE MEDIA – MULTIPLE FILESThis form must be completed when more than 1 file is to be extracted from the media

For assistance phone the ATO Business Tax Infoline 13 28 66

ANNUAL INVESTMENT INCOME REPORTS – ORIGINAL IAMultiple file names must be of the form DIVINTEX.AnnTick or highlight below the name of each file contained on the media.

File nameProcess number(ATO use only) File name

Process number(ATO use only) File name

Process number(ATO use only)

DIVINTEX.A01111

DIVINTEX.A34 DIVINTEX.A67DIVINTEX.A02 DIVINTEX.A35 DIVINTEX.A68DIVINTEX.A03 DIVINTEX.A36 DIVINTEX.A69DIVINTEX.A04 DIVINTEX.A37 DIVINTEX.A70DIVINTEX.A05 DIVINTEX.A38 DIVINTEX.A71DIVINTEX.A06 DIVINTEX.A39 DIVINTEX.A72DIVINTEX.A07 DIVINTEX.A40 DIVINTEX.A73DIVINTEX.A08 DIVINTEX.A41 DIVINTEX.A74DIVINTEX.A09 DIVINTEX.A42 DIVINTEX.A75DIVINTEX.A10 DIVINTEX.A43 DIVINTEX.A76DIVINTEX.A11 DIVINTEX.A44 DIVINTEX.A77DIVINTEX.A12 DIVINTEX.A45 DIVINTEX.A78DIVINTEX.A13 DIVINTEX.A46 DIVINTEX.A79DIVINTEX.A14 DIVINTEX.A47 DIVINTEX.A80DIVINTEX.A15 DIVINTEX.A48 DIVINTEX.A81DIVINTEX.A16 DIVINTEX.A49 DIVINTEX.A82DIVINTEX.A17 DIVINTEX.A50 DIVINTEX.A83DIVINTEX.A18 DIVINTEX.A51 DIVINTEX.A84DIVINTEX.A19 DIVINTEX.A52 DIVINTEX.A85DIVINTEX.A20 DIVINTEX.A53 DIVINTEX.A86DIVINTEX.A21 DIVINTEX.A54 DIVINTEX.A87DIVINTEX.A22 DIVINTEX.A55 DIVINTEX.A88DIVINTEX.A23 DIVINTEX.A56 DIVINTEX.A89DIVINTEX.A24 DIVINTEX.A57 DIVINTEX.A90DIVINTEX.A25 DIVINTEX.A58 DIVINTEX.A91DIVINTEX.A26 DIVINTEX.A59 DIVINTEX.A92DIVINTEX.A27 DIVINTEX.A60 DIVINTEX.A93DIVINTEX.A28 DIVINTEX.A61 DIVINTEX.A94DIVINTEX.A29 DIVINTEX.A62 DIVINTEX.A95DIVINTEX.A30 DIVINTEX.A63 DIVINTEX.A96DIVINTEX.A31 DIVINTEX.A64 DIVINTEX.A97DIVINTEX.A32 DIVINTEX.A65 DIVINTEX.A98DIVINTEX.A33 DIVINTEX.A66 DIVINTEX.A99

ELECTRONIC STORAGE MEDIA – MULTIPLE FILES

This form must be completed when more than 1 file is to be extracted from the mediaFor assistance phone the ATO Business Tax Infoline 13 28 66

ANNUAL INVESTMENT INCOME REPORTS – REPLACEMENT IRMultiple file names must be of the form DIVINTEX.RnnTick or highlight below the name of each file contained on the media.




DIVINTEX.R01 DIVINTEX.R34 DIVINTEX.R67DIVINTEX.R02 DIVINTEX.R35 DIVINTEX.R68DIVINTEX.R03 DIVINTEX.R36 DIVINTEX.R69DIVINTEX.R04 DIVINTEX.R37 DIVINTEX.R70DIVINTEX.R05 DIVINTEX.R38 DIVINTEX.R71DIVINTEX.R06 DIVINTEX.R39 DIVINTEX.R72DIVINTEX.R07 DIVINTEX.R40 DIVINTEX.R73DIVINTEX.R08 DIVINTEX.R41 DIVINTEX.R74DIVINTEX.R09 DIVINTEX.R42 DIVINTEX.R75DIVINTEX.R10 DIVINTEX.R43 DIVINTEX.R76DIVINTEX.R11 DIVINTEX.R44 DIVINTEX.R77DIVINTEX.R12 DIVINTEX.R45 DIVINTEX.R78DIVINTEX.R13 DIVINTEX.R46 DIVINTEX.R79DIVINTEX.R14 DIVINTEX.R47 DIVINTEX.R80DIVINTEX.R15 DIVINTEX.R48 DIVINTEX.R81DIVINTEX.R16 DIVINTEX.R49 DIVINTEX.R82DIVINTEX.R17 DIVINTEX.R50 DIVINTEX.R83DIVINTEX.R18 DIVINTEX.R51 DIVINTEX.R84DIVINTEX.R19 DIVINTEX.R52 DIVINTEX.R85DIVINTEX.R20 DIVINTEX.R53 DIVINTEX.R86DIVINTEX.R21 DIVINTEX.R54 DIVINTEX.R87DIVINTEX.R22 DIVINTEX.R55 DIVINTEX.R88DIVINTEX.R23 DIVINTEX.R56 DIVINTEX.R89DIVINTEX.R24 DIVINTEX.R57 DIVINTEX.R90DIVINTEX.R25 DIVINTEX.R58 DIVINTEX.R91DIVINTEX.R26 DIVINTEX.R59 DIVINTEX.R92DIVINTEX.R27 DIVINTEX.R60 DIVINTEX.R93DIVINTEX.R28 DIVINTEX.R61 DIVINTEX.R94DIVINTEX.R29 DIVINTEX.R62 DIVINTEX.R95DIVINTEX.R30 DIVINTEX.R63 DIVINTEX.R96DIVINTEX.R31 DIVINTEX.R64 DIVINTEX.R97DIVINTEX.R32 DIVINTEX.R65 DIVINTEX.R98DIVINTEX.R33 DIVINTEX.R66 DIVINTEX.R99



ANNUAL INVESTMENT INCOME REPORTS – NIL RETURN INMultiple file names must be of the form DIVINTEX.NnnTick or highlight below the name of each file contained on the media.




DIVINTEX.N01 DIVINTEX.N34 DIVINTEX.N67DIVINTEX.N02 DIVINTEX.N35 DIVINTEX.N68DIVINTEX.N03 DIVINTEX.N36 DIVINTEX.N69DIVINTEX.N04 DIVINTEX.N37 DIVINTEX.N70DIVINTEX.N05 DIVINTEX.N38 DIVINTEX.N71DIVINTEX.N06 DIVINTEX.N39 DIVINTEX.N72DIVINTEX.N07 DIVINTEX.N40 DIVINTEX.N73DIVINTEX.N08 DIVINTEX.N41 DIVINTEX.N74DIVINTEX.N09 DIVINTEX.N42 DIVINTEX.N75DIVINTEX.N10 DIVINTEX.N43 DIVINTEX.N76DIVINTEX.N11 DIVINTEX.N44 DIVINTEX.N77DIVINTEX.N12 DIVINTEX.N45 DIVINTEX.N78DIVINTEX.N13 DIVINTEX.N46 DIVINTEX.N79DIVINTEX.N14 DIVINTEX.N47 DIVINTEX.N80DIVINTEX.N15 DIVINTEX.N48 DIVINTEX.N81DIVINTEX.N16 DIVINTEX.N49 DIVINTEX.N82DIVINTEX.N17 DIVINTEX.N50 DIVINTEX.N83DIVINTEX.N18 DIVINTEX.N51 DIVINTEX.N84DIVINTEX.N19 DIVINTEX.N52 DIVINTEX.N85DIVINTEX.N20 DIVINTEX.N53 DIVINTEX.N86DIVINTEX.N21 DIVINTEX.N54 DIVINTEX.N87DIVINTEX.N22 DIVINTEX.N55 DIVINTEX.N88DIVINTEX.N23 DIVINTEX.N56 DIVINTEX.N89DIVINTEX.N24 DIVINTEX.N57 DIVINTEX.N90DIVINTEX.N25 DIVINTEX.N58 DIVINTEX.N91DIVINTEX.N26 DIVINTEX.N59 DIVINTEX.N92DIVINTEX.N27 DIVINTEX.N60 DIVINTEX.N93DIVINTEX.N28 DIVINTEX.N61 DIVINTEX.N94DIVINTEX.N29 DIVINTEX.N62 DIVINTEX.N95DIVINTEX.N30 DIVINTEX.N63 DIVINTEX.N96DIVINTEX.N31 DIVINTEX.N64 DIVINTEX.N97DIVINTEX.N32 DIVINTEX.N65 DIVINTEX.N98DIVINTEX.N33 DIVINTEX.N66 DIVINTEX.N99



ANNUAL INVESTMENT INCOME REPORTS – CORRECTED RECORDS ICMultiple file names must be of the form DIVINTEX.CnnTick or highlight below the name of each file contained on the media.




DIVINTEX.C01 DIVINTEX.C34 DIVINTEX.C67DIVINTEX.C02 DIVINTEX.C35 DIVINTEX.C68DIVINTEX.C03 DIVINTEX.C36 DIVINTEX.C69DIVINTEX.C04 DIVINTEX.C37 DIVINTEX.C70DIVINTEX.C05 DIVINTEX.C38 DIVINTEX.C71DIVINTEX.C06 DIVINTEX.C39 DIVINTEX.C72DIVINTEX.C07 DIVINTEX.C40 DIVINTEX.C73DIVINTEX.C08 DIVINTEX.C41 DIVINTEX.C74DIVINTEX.C09 DIVINTEX.C42 DIVINTEX.C75DIVINTEX.C10 DIVINTEX.C43 DIVINTEX.C76DIVINTEX.C11 DIVINTEX.C44 DIVINTEX.C77DIVINTEX.C12 DIVINTEX.C45 DIVINTEX.C78DIVINTEX.C13 DIVINTEX.C46 DIVINTEX.C79DIVINTEX.C14 DIVINTEX.C47 DIVINTEX.C80DIVINTEX.C15 DIVINTEX.C48 DIVINTEX.C81DIVINTEX.C16 DIVINTEX.C49 DIVINTEX.C82DIVINTEX.C17 DIVINTEX.C50 DIVINTEX.C83DIVINTEX.C18 DIVINTEX.C51 DIVINTEX.C84DIVINTEX.C19 DIVINTEX.C52 DIVINTEX.C85DIVINTEX.C20 DIVINTEX.C53 DIVINTEX.C86DIVINTEX.C21 DIVINTEX.C54 DIVINTEX.C87DIVINTEX.C22 DIVINTEX.C55 DIVINTEX.C88DIVINTEX.C23 DIVINTEX.C56 DIVINTEX.C89DIVINTEX.C24 DIVINTEX.C57 DIVINTEX.C90DIVINTEX.C25 DIVINTEX.C58 DIVINTEX.C91DIVINTEX.C26 DIVINTEX.C59 DIVINTEX.C92DIVINTEX.C27 DIVINTEX.C60 DIVINTEX.C93DIVINTEX.C28 DIVINTEX.C61 DIVINTEX.C94DIVINTEX.C29 DIVINTEX.C62 DIVINTEX.C95DIVINTEX.C30 DIVINTEX.C63 DIVINTEX.C96DIVINTEX.C31 DIVINTEX.C64 DIVINTEX.C97DIVINTEX.C32 DIVINTEX.C65 DIVINTEX.C98DIVINTEX.C33 DIVINTEX.C66 DIVINTEX.C99

ANNUAL INVESTMENT INCOME REPORTINVESTMENT BODY INFORMATION– NIL ReturnThis form must be completed by an investment body lodging a NIL Return on paper

Investment body name

Trading name

Investment body ABN/WPN Branch Number Business address

Number/Street

Suburb/Town Postcode Postal address (for delivery of corrected TFN or ABN information and other correspondence)

Number/Street


Period of report // to //

Contact name



Mailing address for paper reports AssistanceData Acquisition and Management Information line 1800 072 681 (free call)Australian Taxation Office Email [email protected] Box 2090 Facsimile (07) 321 38936CHERMSIDE CENTRE QLD 4032

Office use only

Date received // Date processed //


ANNUAL INVESTMENT INCOME REPORTINVESTMENT BODY INFORMATION– corrected recordsThis form must be completed by an investment body lodging corrected account and investor records on paper

Investment body name

Trading name

Investment body ABN/WPN Branch Number Business address

Number/Street

Suburb/Town Postcode Postal address (for delivery of corrected TFN or ABN information and other correspondence)

Number/Street


Period of report // to //TFN or ABN algorithm used(tick box ) TFN algorithm Yes No ABN algorithm Yes No

Contact name



If the original AIIR records were lodged on electronic storage media, complete the following.

Supplier file reference

Supplier file reference of file containing records to be corrected

Sequence number of investment body record in the original AIIR file

Mailing address for paper reports AssistanceData Acquisition and Management Information line 1800 072 681 (free call)Australian Taxation Office Email [email protected] Box 2090 Facsimile (07) 321 38936CHERMSIDE CENTRE QLD 4032

Office use only


Date received // Date processed //

ANNUAL INVESTMENT INCOME REPORT– corrected account and investor records

Investment body

ABN or WPN Branch Number Report end date //

Investment account data recordSequence number of Investment account data (DACCOUNT) record in the original AIIR_ _ _ _ _ _Type of payment (tick box )

INTOther interest DIS

Deferred interest security

FMDInterest on

an FMD TDP

Interest on a term

deposit

Account IdentificationInvestment reference number Account reference number

BSB Number Branch location

Account name (in full)

Account detailsNumber of investors in the account Number of investors in the account

Date of payment Date of payment

Term of investment for DIS payments

Term of investment for DIS payments

Original amounts $ c Corrected amounts $ cInterest . Interest .

TFN withholding tax deducted . TFN withholding tax deducted .

TFN withholding tax refunded . TFN withholding tax refunded .

Non-resident withholding amount deducted . Non-resident withholding amount

deducted .

Non-resident withholding amount refunded . Non-resident withholding amount

refunded .

Original and corrected Investor data records

Investment reference number Account reference number

Original investor data record – Sequence number of investor data record in the original DACCOUNT _ _ _ _ _ _ _ _.

Tax File Number

Australian Business Number


Investor full name

Address Postcode

Country (If not Australia) Overseas country code

Customer reference number Individual investor date of birth

//Sex

Male Female

Corrected Investor data record

Tax File Number



Investor full name

Address Postcode



//Sex

Male Female

Original investor data record – Sequence number of investor data record in the original DACCOUNT_ _ _ _ _ _ _ _.

Tax File Number



Investor full name

Address Postcode



//Sex

Male Female


Tax File Number



Investor full name

Address Postcode



//Sex

Male Female


Investment body

ABN or WPN Branch Number Report end date //

Investment account data recordSequence number of Investment account data (DACCOUNT) record in the original AIIR _ _ _ _ _ _ _ _

Type of payment (tick box )DIV

Dividend Account IdentificationInvestment reference number Account reference number



Account detailsNumber of investors in the account Number of investors in the account


Original amounts $ c

Corrected amounts $ c

Unfranked dividends not declared to be conduit foreign income . Unfranked dividends not declared

to be conduit foreign income .

Unfranked dividends declared to be conduit foreign income . Unfranked dividends declared to

be conduit foreign income .

Franked dividends . Franked dividends .Franking credit . Franking credit .TFN withholding tax deducted . TFN withholding tax deducted .TFN withholding tax refunded . TFN withholding tax refunded .Non-resident withholding amount deducted . Non-resident withholding amount

deducted .

Non-resident withholding amount refunded . Non-resident withholding amount

refunded .



Original investor data record – Sequence number of investor data record in the original DACCOUNT _ _ _ _ _ _ _ _.

Tax File Number



Investor full name

Address Postcode



//Sex

Male Female


Tax File Number



Investor full name

Address Postcode



//Sex

Male Female


Tax File Number



Investor full name

Address Postcode



//Sex

Male Female


Tax File Number



Investor full name

Address Postcode



//Sex

Male Female


Investment body

ABN or WPN Branch Number

Report end date //

Investment account data recordSequence number of Investment account data (DACCOUNT) record in the original AIIR _ _ _ _ Type of payment (tick box )

FSI

Foreign source income

IRB

Investment related betting chance

UTD

Unit trust distribution

Account IdentificationInvestment reference number Account reference number



Account details

Number of investors in the account Number of investors in the account


Original amounts $ c Corrected amounts $ cCash or non-cash value of an investment related betting chance prize

. Cash or non-cash value of an investment related betting chance prize

.

Interest . Interest .TFN withholding tax deducted . TFN withholding tax deducted .TFN withholding tax refunded . TFN withholding tax refunded .Non-resident withholding amount deducted . Non-resident withholding amount

deducted .Non-resident withholding amount refunded . Non-resident withholding amount

refunded .Unfranked dividends not declared to be conduit foreign income . Unfranked dividends not declared

to be conduit foreign income .

Original amounts $ c Corrected amounts $ cUnfranked dividends declared to be conduit foreign income . Unfranked dividends declared to

be conduit foreign income .Franked dividends . Franked dividends .Franking credit . Franking credit .Other taxable Australian income component of UTD . Other taxable Australian income

component of UTD .Non-primary production income from UTD . Non-primary production income

from UTD .Other deductions relating to distributions from trust (UTD) . Other deductions relating to

distributions from trust (UTD) .Discounted capital gain component of UTD . Discounted capital gain

component of UTD .Indexed capital gain component of UTD . Indexed capital gain

component of UTD .Other capital gain component of UTD . Other capital gain

component of UTD .CGT concession amount . CGT concession amount .Net capital gain component of UTD . Net capital gain

component of UTD .Total current year capital gains component of UTD . Total current year capital gains

component of UTD . Taxable foreign capital gain

component of UTD . Taxable foreign capital gain component of UTD .

Assessable foreign source income (UTD or other payment) . Assessable foreign source income

(UTD or other payment) .

Other net foreign source income (UTD) . Other net foreign source income

(UTD) .Foreign tax credits (UTD or other payment) . Foreign tax credits (UTD or other

payment) .Australian franking credits from a New Zealand company(UTD or FSI)

. Australian franking credits from a New Zealand company(UTD or FSI)

.

Tax-exempted component of UTD . Tax-exempted component of UTD .Tax-free component of UTD . Tax-free component of UTD .Tax-deferred component of UTD . Tax-deferred component of UTD .Other Trust deductions not included elsewhere . Other Trust deductions not

included elsewhere .Credit for amounts withheld from UTD under foreign resident withholding

. Credit for amounts withheld from UTD under foreign resident withholding

.

Credit for tax paid by trustee on UTD . Credit for tax paid by trustee on

UTD .Non-Resident beneficiary ss98(3) assessable amount . Non-Resident beneficiary

ss98(3) assessable amount .Non-Resident beneficiary ss98(4) assessable amount . Non-Resident beneficiary

ss98(4) assessable amount .Managed Investment Trust fund payments . Managed Investment Trust fund

payments .

Amounts withheld from Managed Investment Trust fund payments . Amounts withheld from Managed

Investment Trust fund payments .

Original amounts $ c Corrected amounts $ cNational Rental Affordability Scheme tax offset .

National Rental Affordability Scheme tax offset .

Primary production Income.

Primary production Income.

Credit for Australian Business Number amounts withheld .

Credit for Australian Business Number amounts withheld .

Other deductions relating to Distribution PP income .

Other deductions relating to Distribution PP income .

Other deductions relating to distribution non PP income .

Other deductions relating to distribution non PP income .

Attributed income from Transferor trusts .

Attributed income from Transferor trusts .

Attributed foreign income from Foreign investment fund or Foreign .

Attributed foreign income from Foreign investment fund or .

Attributed foreign income from Controlled Foreign Company .

Attributed foreign income from Controlled Foreign Company .

Net foreign rent .

Net foreign rent .



Original investor data record – Sequence number of investor data record in the original DACCOUNT _ _ _ _ _ _ .Tax File Number



Investor full name

Address Postcode



//Sex

Male Female Corrected investor data recordTax File Number



Investor full name

Address Postcode



//Sex

Male Female

If account is held by joint owners, additional information to be included below:

2nd Joint Owner


Tax File Number



Investor full name

Address Postcode



//Sex

Male Female


Tax File Number



Investor full name

Address Postcode



//Sex

Male Female

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