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Dave0847(Initiate)Initiate
23 Aug 2023

I have a small amount of VUK CHESS Depositary Interests. Are they taxable? The ATO does not populate my MyTax with them. I see from a previous question in 2021 that the simple answer was to enter under 'Other foreign income'. MyTax indicates I should enter under the category 'Trusts and Other foreign income', but do I use both '20E. Total assessable foreign income' and '20M. Total other foreign income' ?


Thank you


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1,819 views
6 replies

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Bruce4Tax(Taxicorn)Taxicorn
24 Aug 2023

I have a small amount of VUK CHESS Depositary Interests. Are they taxable?


Yes - foreign income


but do I use both '20E. Total assessable foreign income' and '20M. Total other foreign income' ?


Yes


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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
24 Aug 2023

I have a small amount of VUK CHESS Depositary Interests. Are they taxable?


Yes - foreign income


but do I use both '20E. Total assessable foreign income' and '20M. Total other foreign income' ?


Yes


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CHESS Depositary Interests. Are they taxeable? | ATO Community