The status of a company is defined with reference to several sections of the income tax law. It is important that you correctly complete this item as the information is used for multiple purposes including assessment, verification activities and for the purposes of the annual corporate tax transparency report.
In this section:
- C - Residency
- D - Entity type
- E - Activity indicator
- F - Business indicator
- G - Significant global entity
- Z - Consolidated indicator
C - Residency
C1, C2 and C3
Print X in the box that shows the appropriate description.
Residency status is not required if you select D7 Corporate unit trust or D8 Public trading trust.
Complete C3 if the company is a non-resident company carrying on a business in Australia through a permanent establishment (PE).
D - Entity type
Print X in the box that shows the appropriate description.
Only complete one of these labels. If more than one applies, select the one that appears first.
Marking the incorrect box may result in you not receiving a necessary service or material from us or could lead to incorrect targeting of audits.
D1 to D10
A friendly society that carries on life insurance business must describe its status as D10 Public; otherwise its status is D3 Non-profit. For more information on friendly societies that carry on life insurance business, see 16 Life insurance companies and friendly societies only.
D7 Corporate unit trust applies only to trusts that are corporate unit trusts as defined in former section 102J of the ITAA 1936 with an income year that started before 1 July 2016. You can only select this status if the entity’s income year started before 1 July 2016 (early balancer) or the entity is the head company of a consolidated group. For more information on corporate unit trusts see Corporate unit trusts and public trading trusts in these instructions.
D8 Public trading trust applies only to trusts that are public trading trusts as defined in section 102R of the ITAA 1936.
D9 Private or D10 Public is a company's status for tax purposes, not for company law purposes. A company must determine its status (as a public or private company) for tax purposes each income year.
If you are a consolidated head company you need to indicate if you are D9 Private or D10 Public. You also need to select Z1 Consolidation head company.
E - Activity indicator
E1 to E3
Print X in the box that shows the appropriate description. If more than one label applies, select the one that appears first. If none apply, leave the boxes blank.
F - Business indicator
F1
You must print X at F1 if the company is a small business entity for the 2016-17 income year.
The company was a small business entity if it:
- was carrying on a business for all or part of 2016-17, and
- had an aggregated turnover of less than $10 million.
See Work out if you're a small business for the income year.
This information is used to calculate:
- pay as you go instalments
- the applicable company tax rate.
G - Significant global entity
G1
Print X in the box if the entity was a significant global entity (SGE) at any time during the income year.
An entity is a SGE if it is:
- a global parent entity with an annual global income of A$1 billion or more, or
- a member of a group of consolidated entities for accounting purposes and one of the other group members is a global parent entity with an annual global income of A$1 billion or more.
Print X in the box if the entity is a SGE because it, or any other member of the accounting consolidated group which the entity is a member of, has been given a notice by the Commissioner determining that its global parent entity would have an annual global income of A$1 billion or more for any period during the income year.
For more information on SGEs search significant global entity on ato.gov.au
If you are an SGE you must complete item 5 on the Company tax return.
See also:
Z - Consolidated indicator
Z1 and Z2
Print X in the box that shows the appropriate description. Only complete one of these labels.
- Select Z1 Consolidated head company if the company was a head company of a consolidated or MEC group at any time during the income year. Consolidated head companies need to indicate if they are D9 Private or D10 Public.
- Select Z2 Consolidated subsidiary member if Z1 does not apply and the company was a subsidiary member of a consolidated or MEC group that had a period when it was not a member of the group (non-membership period) during the income year.
If neither applies, leave the boxes blank.