An AMIT Member Annual (AMMA) statement is a tax document issued by Australian managed funds and ETFs each financial year. It breaks down the components of your annual distributions, including franked dividends, foreign income, capital gains, and tax-deferred amounts, so investors can correctly complete their tax return.
Last updated: Q2 2026. This article is general information only and does not constitute financial or tax advice.
Why do ETFs issue AMIT statements?
Most Australian ETFs are structured as registered managed investment schemes that have elected into the Attribution Managed Investment Trust (AMIT) regime. Under this regime, the fund attributes its taxable income to investors each year, including amounts that are reinvested rather than paid as cash. The AMMA statement is the document that reports those attributed amounts. It exists so that the tax characteristics of the income, such as franking credits or foreign income, flow through to the investor and are reported correctly. This is general information only and does not constitute tax advice.
What information is on an AMIT statement?
An AMMA statement separates your total annual distribution into its components. These typically include franked and unfranked dividends, franking credits (also called imputation credits), foreign source income and any foreign income tax offsets, capital gains (often split into discounted and other categories), and tax-deferred or tax-free amounts. It also reports any AMIT cost base net amount, which can adjust the cost base of your units for capital gains tax purposes. Each component is reported against the tax return label it belongs to. Read your statement alongside current ATO guidance and the relevant product disclosure statement.
How do I use my AMIT statement at tax time?
Your AMMA statement maps each distribution component to the corresponding labels in your tax return. Many investors, or their tax agents, transcribe these figures directly, or import them where ATO pre-fill is available. The capital gains and franking credit components in particular need to be entered accurately, because they affect both assessable income and any tax offsets. Tax rules are complex and your situation may differ. Consider speaking with a registered tax agent. You can estimate the franking credits attached to Australian share distributions with the ETFLens Franking Credits calculator.
Which ETFs issue AMIT statements?
Most Australian-domiciled ETFs that are registered managed investment schemes issue AMMA statements, including widely held funds such as VAS and VDHG. Exchange-traded products structured differently, such as some exchange-traded commodities (ETCs) and certain foreign-domiciled funds, may use alternative tax reporting methods. Your statement is generally provided by the ETF issuer or your broker's share registry. Always confirm the fund's structure in its product disclosure statement.
This article provides general information about AMIT statements and Australian ETF tax reporting. It does not constitute financial or tax advice. Tax rules are complex and your situation may differ. Consider speaking with a registered tax agent or financial adviser before making decisions based on this information. This is general information only and does not constitute financial advice. Consider your personal circumstances and read the relevant PDS before making any investment decisions. ETFLens does not hold an Australian Financial Services Licence.