PS Help: Tax - Australia 2019
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Click this link for information and examples on Item 23 - Forestry managed investment income on the ATO website.

Did the taxpayer receive income from a forestry managed investment scheme (FMIS)?

A forestry interest in a FMIS is a right to benefits produced by the scheme (whether the right is actual, prospective or contingent and whether it is enforceable or not).

Forestry managed investment scheme income will integrate from the FMIS worksheet (fms) at label A.

CCH References

18-020 Registered agricultural managed investment schemes

18-125 Timber plantation concessions

 
Related topics

 Supplementary Income

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This help topic is provided as a guide only, in accordance with our Legal Disclaimer.
For specific taxation or accounting advice, please consult the relevant tax authority or regulator.

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