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Summary sheet 1 - Attributed income

This summary sheet will enable you to total the amounts of attributed income to be included in your tax return.

Last updated 11 September 2016

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 amounts arising where an unlisted country CFC changes residence to a listed country or to Australia.

Name of the CFC

Amount of attributable income

1

$

2

$

3

$

4

$

5

$

Total

$

Refer to 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

1

$

2

$

3

$

4

$

5

$

Total

$

Refer to 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

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.

QC19530