14.30 Corrected investor Australian business number the corrected investor ABN or all – zeros. If the Corrected investor tax file number and Corrected Australian business number field are both zero filled, neither a TFN nor an ABN could be found for the investor and the investor is deemed not to have quoted. If the investor is deemed not to have quoted, the investment body is required to withhold from future payments of investment income subject to withholding arrangements, tax at the highest marginal rate plus the Medicare levy, until the investor either quotes a TFN or an ABN in connection with the investment, or claims an exemption from quoting. Investors deemed not to have quoted are contacted by the ATO and advised to quote their correct TFN or ABN to the investment body to avoid the imposition of withholding tax. 14.31 Individual investor surname the individual investor surname provided by the – investment body in the AIIR. If an individual investor surname was not provided, this will be blank filled. 14.32 Individual investor first given name the individual investor first given name provided – by the investment body in the AIIR. If a first given name was not provided, this field will be blank filled. 14.33 Individual investor second given name the individual investor second given name – provided by the investment body in the AIIR. If a second given name was not provided, this field will be blank filled. 14.34 Non-individual investor name the non-individual investor name provided by the – investment body in the AIIR. If a non-individual name was not provided, this field will be blank filled. 14.35 Record identifier will be set to – 14.36 Number of records will be set to the sum total of all records in the return data file, – including the following records: Return data File identity data record – Return data Investment body identity data record(s) – Return data Investor data record(s) – Return data File total data record. – 14.37 the supplier file reference in the AIIR file. Supplier file reference –
14.30 Corrected investor Australian business number – the corrected investor ABN or all zeros. If the Corrected investor tax file number and Corrected Australian business number field are both zero filled, neither a TFN nor an ABN could be found for the investor and the investor is deemed not to have quoted. If the investor is deemed not to have quoted, the investment body is required to withhold from future payments of investment income subject to withholding arrangements, tax at the highest marginal rate plus the Medicare levy, until the investor either quotes a TFN or an ABN in connection with the investment, or claims an exemption from quoting. Investors deemed not to have quoted are contacted by the ATO and advised to quote their correct TFN or ABN to the investment body to avoid the imposition of withholding tax. 14.31 Individual investor surname – the individual investor surname provided by the investment body in the AIIR. If an individual investor surname was not provided, this will be blank filled. 14.32 Individual investor first given name – the individual investor first given name provided by the investment body in the AIIR. If a first given name was not provided, this field will be blank filled. 14.33 Individual investor second given name – the individual investor second given name provided by the investment body in the AIIR. If a second given name was not provided, this field will be blank filled. 14.34 Non-individual investor name – the non-individual investor name provided by the investment body in the AIIR. If a non-individual name was not provided, this field will be blank filled. 14.35 Record identifier – will be set to 14.36 Number of records – will be set to the sum total of all records in the return data file, including the following records: Return data – File identity data record Return data – Investment body identity data record(s) Return data – Investor data record(s) Return data – File total data record. 14.37 Supplier file reference – the supplier file reference in the AIIR file.
AIIR_specification_tracked_v10.0.2.docx