Item 23 - Forestry managed investment scheme income

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