Give feedback on:
draft amendments to the Income Tax Assessment Act 1936
updated explanatory material.
The draft legislation streamlines how closely‑held trusts report beneficiary tax file numbers (TFNs).
It removes reporting on a separate form. Instead, trustees must report TFNs of presently‑entitled beneficiaries on the trust’s income tax return.
These changes will enhance the trust reporting system’s prefill capabilities. This supports the Australian Taxation Office’s current system changes.
Submit your response
You must submit your response on this website.
Before you submit
To help you prepare your response, we recommend that you:
- read the supporting documents
- prepare your response in Word (DOCX or RTF) format, you can also upload PDF files as an alternative
- read our submission guidelines
- read our privacy policy
You must agree to our privacy collection statement to submit your response.
If you have any issues submitting your response, you can contact us.
