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What is bast dmd?
Bast DMD stands for Business Activity Statement Data Matching Program.
Who is required to file bast dmd?
Businesses registered for GST in Australia are required to file bast dmd.
How to fill out bast dmd?
Bast dmd can be filled out online through the ATO Business Portal or via approved accounting software.
What is the purpose of bast dmd?
The purpose of bast dmd is to ensure the accuracy of tax reporting by cross-referencing business activity statements with other data sources.
What information must be reported on bast dmd?
Details of sales, purchases, GST collected and paid, and other business activity information must be reported on bast dmd.
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