Section 1 - Attributed income
This summary sheet will enable you to total the amounts of attributed income to be included in your tax return. Prepare a separate schedule if you need more space for any part.
Part A - Attributable income from CFCs
Include your share of:
- the attributable income of each CFC in which you have an attribution interest
- attributable dividends, including deemed dividends, paid by an unlisted country CFC, directly or indirectly, to another CFC or to a controlled foreign trust
- attributable amounts arising where an unlisted country CFC changes residence to a listed country or to Australia.
Name of the CFC |
Amount of attributable income or dividend |
|---|---|
1 |
$ |
2 |
$ |
3 |
$ |
4 |
$ |
5 |
$ |
Total |
$ |
Refer to Foreign income return form 2004-05 summary sheet 2 to determine whether you have to include attributable income from a CFC.
Part B - Income attributed to you from a non-resident trust under the transferor trust measures
Name of the trust |
Amount of attributable income or dividend |
|---|---|
1 |
$ |
2 |
$ |
3 |
$ |
4 |
$ |
5 |
$ |
Total |
$ |
Refer to Foreign income return form 2004–05 summary sheet 4 to determine whether you have to include attributable income from a trust under the transferor trust measures.
Part C - Your share of the net income of any partnership or trust that consists of income attributed to the partnership or trust under the accruals tax measures, whether from a CFC or a non-resident trust estate
Name of partnership or trust |
Amount of attributable income or dividend |
|---|---|
1 |
$ |
2 |
$ |
3 |
$ |
4 |
$ |
5 |
$ |
Total |
$ |
Part D - Total of the amounts in Parts A, B and C
Part A |
$ |
Part B |
$ |
Part C |
$ |
Total |
$ |
Include this total amount in your tax return at the appropriate labels as set out in TaxPack or the instructions for your tax return.
This summary sheet will enable you to total the amounts of attributed income to be included in your tax return.