For instructions on how to complete Reportable tax position schedule 2016 (NAT 74066), refer to Reportable tax position schedule instructions 2016.
You must take reasonable care
You must take reasonable care when completing the schedule – this means you must take the same care that could be expected of a reasonable person in your position.
Penalties may apply for false or misleading statements; see MT 2008/1 Penalty relating to statements: meaning of reasonable care, recklessness and intentional disregard.