The International dealings schedule (IDS) applies only to those companies, trusts and partnerships having International related party dealings/transfer pricing where:
the aggregate amount of those transactions or dealings was more than $2 million
they had overseas branch operations or direct or indirect interest in a foreign trust, foreign company, controlled foreign entity or transferor trust
the thin capitalisation provisions affected them.
You can create an International Dealings schedule in the 2023 and 2024 tax years in Company, Trust and Partnership returns.
When you first add the International Dealings schedule, only the mandatory items that must be answered are displayed. The rest of the items will be visible based on your answers.
For more information on how to complete the IDS, see the ATO's website.
