Entity details
Write the tax file number (TFN) of the trust, fund, company or partnership in the space provided.
All trusts, funds, companies or partnerships using the Interposed entity election or revocation 2024 must complete items:
- 1 Are you using this form for an election or a revocation? – print E for election, R for revocation
- 2 Full name and current postal address
- 4 Interposed entity election – entity code – print C for company, P for partnership, T for trust or F for fund.
- 3 Change of name or postal address (if it applies) – print it exactly as shown on the last notice of assessment or the last tax return lodged.
Section A: Interposed entity election specifying 2004–05 or later
If the trustees, company or partners are making an interposed entity election specifying 2004–05 or a later year, complete Section A.
The trustees, company or partners must provide all the information required in Section A for an interposed entity election specifying a day in 2004–05 or a later year to be made in accordance with section 272-85 of Schedule 2F to the ITAA 1936.
When making an interposed entity election, make sure you write either 2005 or a later income year (as appropriate) in Section A, item 7 in Income year specified box.
Only complete Section B if revoking an interposed entity election, otherwise go to Declarations after completing the Section A items.
Section B: Interposed entity revocation
If the trustees, company or partners are revoking an interposed entity election, and the revocation will be effective from 2023–24, complete Section B.
The trustees, company or partners must provide all the information required in Section B for an interposed entity election to be revoked in accordance with subsections 272-85(5A), (5C) and (6) of Schedule 2F to the ITAA 1936.
Although it is not an offence not to quote a TFN, any TFN required on this form is information which the Commissioner requires within the meaning of subsection 272-85(3) of Schedule 2F to the ITAA 1936. If the TFN of a person or entity is required on the Interposed entity election or revocation 2024 and the relevant person or entity does not have a TFN, print X in the box provided.
Declarations
Where the Interposed entity election or revocation 2024 is being used to make an interposed entity election, every trustee of the trust (including fund), the company’s public officer or every partner of the partnership (as applicable) must sign and date the form at the time the interposed entity election is made. If a trustee or partner is a company, the company’s public officer must sign for that corporate trustee or partner.
Where the Interposed entity election or revocation 2024 is used to revoke an interposed entity election, every trustee of the trust (including fund), the company’s public officer or every partner of the partnership must sign and date the form at the time:
- the tax return 2024 for the trust, fund, company or partnership is lodged with this form
- the Interposed entity election or revocation 2024 must be given to the Commissioner.
If a trustee or partner is a company, the company’s public officer must sign for that corporate trustee or partner.