Reference Field name Content number 7.54 Sequence number of DACCOUNT record 02 7.55 Investment reference number 963963444 7.56 Account reference number 7.59 Account name RAPHAEL EAST 7.62 Date of payment (DDMMCCYY) 30062015 7.63 Type of investment 05 7.64 Type of payment UTD Unfranked dividends not declared to be conduit foreign income 7.72 000000280000 Unfranked dividends declared to be conduit foreign income 7.73 000000000000 (cents) 7.74 Franked dividends (cents) 000000320000 7.75 Franking credit (cents) 000000137100 7.77 Non-primary production income (cents) 000000200000 supplementary income account record (extract) Reference Field name Content number 7.103 Supplementary income payment type UTD 7.104 Sequence number of DACCSUPP record 01 7.113 Unfranked distributions from trusts (cents) 000000200000 7.114 Franked distributions from trusts (cents) 000000537100 One Investor data record is required following Sequence number of DACCSUPP record 01. 11 AIIR, SDS ITR The SDS is the format recommended by the ATO, the Financial Services Council and Australian Custodial Services Association for disclosure by managed funds of tax information to certain resident individuals holding units on capital account for completion of their tax returns, relevant schedules and other requirements. A new tax system for managed investment trusts (MITs) has been enacted will apply from 1 July 2016. However, a trustee of a MIT may choose to apply those rules from 1 July 2015. The 2016 SDS format can be used by MITs who have elected to apply the new rules however the statement should be identified as an Attribution managed investment trust member’s annual statement (AMMA statement). Funds should apply the relevant provisions of the income tax law in preparation of the statement. SDS Division 6 of Part III of ITAA 1936. –
Reference number Field name Content 7.54 Sequence number of DACCOUNT record 02 7.55 Investment reference number 963963444 7.56 Account reference number 7.59 Account name RAPHAEL EAST 7.62 Date of payment (DDMMCCYY) 30062015 7.63 Type of investment 05 7.64 Type of payment UTD 7.72 Unfranked dividends not declared to be conduit foreign income 000000280000 7.73 Unfranked dividends declared to be conduit foreign income (cents) 000000000000 7.74 Franked dividends (cents) 000000320000 7.75 Franking credit (cents) 000000137100 7.77 Non-primary production income (cents) 000000200000 supplementary income account record (extract) Reference number Field name Content 7.103 Supplementary income payment type UTD 7.104 Sequence number of DACCSUPP record 01 7.113 Unfranked distributions from trusts (cents) 000000200000 7.114 Franked distributions from trusts (cents) 000000537100 One Investor data record is required following Sequence number of DACCSUPP record 01. 11 AIIR, SDS ITR The SDS is the format recommended by the ATO, the Financial Services Council and Australian Custodial Services Association for disclosure by managed funds of tax information to certain resident individuals holding units on capital account for completion of their tax returns, relevant schedules and other requirements. A new tax system for managed investment trusts (MITs) has been enacted will apply from 1 July 2016. However, a trustee of a MIT may choose to apply those rules from 1 July 2015. The 2016 SDS format can be used by MITs who have elected to apply the new rules however the statement should be identified as an Attribution managed investment trust member’s annual statement (AMMA statement). Funds should apply the relevant provisions of the income tax law in preparation of the statement. SDS – Division 6 of Part III of ITAA 1936.
AIIR_Companion_Guide_v2.1_0.docx