Did you have interests in a foreign company, a foreign trust or a foreign life assurance policy? (Read chapter 2 and chapter 5)
No |
The foreign investment fund (FIF) measures do not apply to you. You do not need to use this guide. |
Yes |
Read on. |
If you were a resident at any time during the year of income, did you:
- have an interest in a FIF at the end of the income year, or
- have an interest in a foreign life assurance policy (FLP) at any time during the income year?
(Read chapter 2 and chapter 5)
No |
The FIF measures do not apply to you. You do not need to use this guide. |
Yes |
Read on. |
Does an exemption apply to your interest in a FIF or FLP? (Read chapter 3)
No |
Read on. |
Yes |
Do not include any amount in your assessable income from the interests in that FIF or FLP. Read chapter 8 to work out the records that you need to keep, then read on. |