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Tax Australia: Earnout arrangement amendment return required to update the capital

How to complete the earnout and amend the FY Tax return to update the capital?

Updated over a week ago
  • The Request for amendment labels for earn‑out arrangements are only applicable when amending a prior‑year amount through an original return.

  • These labels are not available when lodging an amended return. If a change is required, the amendment must be made by revising the original return. Where this is not possible, an amended return must be created for the affected income year.

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