Reference name Explanation number 7.59 Account name Account name of partnership 7.137 Investor entity type P = Partnership 7.138 Investor tax file number Partnership’s TFN as quoted 7.139 Investor Australian business number Partnership’s ABN as quoted 7.146 Non-individual investor name Name of partnership Individual investor surname (7.141) and given name (7.142 and 7.143) fields should not be completed. Joint accounts If a partnership entity does not exist for tax purposes, the joint holders of the account should be treated as separate investors. An Investor data record is required for each investor. Individual investor Reference name Explanation number 7.59 Account name Account name 7.137 Investor entity type I = Individual 7.138 Investor tax file number Investor’s TFN as quoted 7.139 Investor Australian business number Investor’s ABN as quoted 7.146 Non-individual investor name Blank fill Non-individual investor Reference Field name Explanation number 7.59 Account name Account name 7.137 Investor entity type C, P, T, S, G or O 7.138 Investor tax file number Investor’s TFN as quoted 7.139 Investor Australian business number Investor’s ABN as quoted Individual investor surname (7.141) and given name (7.142 and 7.143) fields should not be completed. Unequal shares in a joint account Holders of accounts in joint names are presumed to have joint beneficial ownership of the monies in equal shares, unless they prove otherwise. Therefore income is to be returned equally. Within the AIIR, the full amount of income attributable to the account is reported for each investor within a joint account. The amount should not be split between the account holders
Reference number name Explanation 7.59 Account name Account name of partnership 7.137 Investor entity type P = Partnership 7.138 Investor tax file number Partnership’s TFN as quoted 7.139 Investor Australian business number Partnership’s ABN as quoted 7.146 Non-individual investor name Name of partnership Individual investor surname (7.141) and given name (7.142 and 7.143) fields should not be completed. Joint accounts If a partnership entity does not exist for tax purposes, the joint holders of the account should be treated as separate investors. An Investor data record is required for each investor. Individual investor Reference number name Explanation 7.59 Account name Account name 7.137 Investor entity type I = Individual 7.138 Investor tax file number Investor’s TFN as quoted 7.139 Investor Australian business number Investor’s ABN as quoted 7.146 Non-individual investor name Blank fill Non-individual investor Reference number Field name Explanation 7.59 Account name Account name 7.137 Investor entity type C, P, T, S, G or O 7.138 Investor tax file number Investor’s TFN as quoted 7.139 Investor Australian business number Investor’s ABN as quoted Individual investor surname (7.141) and given name (7.142 and 7.143) fields should not be completed. Unequal shares in a joint account Holders of accounts in joint names are presumed to have joint beneficial ownership of the monies in equal shares, unless they prove otherwise. Therefore income is to be returned equally. Within the AIIR, the full amount of income attributable to the account is reported for each investor within a joint account. The amount should not be split between the account holders
AIIR_Companion_Guide_v2.1_0.docx