Government G organisation The investor is a government organisation. The investor is an unincorporated organisation or a non-individual entity O non-individual not mentioned such as sports clubs and informal trusts. To ensure correct pre-filling and to avoid post-compliance activity for investors, it is critical that individual investor names and TFNs are not reported at non-individual fields when the Investor entity type (7.137) field code equals I or D. For example, individual investor names should not be reported at the Non-individual investor name (7.146) field. The following should be followed: Individuals Reference Field name Explanation number 7.59 Account name Account name I = Individual or 7.137 Investor entity type D = Individual is deceased Individual investor’s TFN as 7.138 Investor tax file number quoted Individual investor’s ABN as 7.139 Investor Australian business number quoted Corporation or incorporated organisation If an account is held by a company or incorporated corporation, the company or the incorporated corporation’s TFN or ABN and registered name should be reported. The name and TFN of the Public Officer or other signatory to the account should not be reported. Reference Field name Explanation number Account name of company or 7.59 Account name incorporated organisation 7.137 Investor entity type C = Corporation 7.138 Investor tax file number Company’s TFN as quoted 7.139 Investor Australian business number Company’s ABN as quoted 7.146 Non-individual investor name Registered name of company Partnerships A formal partnership arrangement can be identified by the existence of a partnership agreement and a partnership TFN or ABN.
Government organisation G The investor is a government organisation. non-individual O The investor is an unincorporated organisation or a non-individual entity not mentioned such as sports clubs and informal trusts. To ensure correct pre-filling and to avoid post-compliance activity for investors, it is critical that individual investor names and TFNs are not reported at non-individual fields when the Investor entity type (7.137) field code equals I or D. For example, individual investor names should not be reported at the Non-individual investor name (7.146) field. The following should be followed: Individuals Reference number Field name Explanation 7.59 Account name Account name 7.137 Investor entity type I = Individual or D = Individual is deceased 7.138 Investor tax file number Individual investor’s TFN as quoted 7.139 Investor Australian business number Individual investor’s ABN as quoted Corporation or incorporated organisation If an account is held by a company or incorporated corporation, the company or the incorporated corporation’s TFN or ABN and registered name should be reported. The name and TFN of the Public Officer or other signatory to the account should not be reported. Reference number Field name Explanation 7.59 Account name Account name of company or incorporated organisation 7.137 Investor entity type C = Corporation 7.138 Investor tax file number Company’s TFN as quoted 7.139 Investor Australian business number Company’s ABN as quoted 7.146 Non-individual investor name Registered name of company Partnerships A formal partnership arrangement can be identified by the existence of a partnership agreement and a partnership TFN or ABN.
AIIR_Companion_Guide_v2.1_0.docx