The ATO says it is happy with the response from SMSFs in regards to dividend stripping arrangements.
Early in 2015 the ATO issued Taxpayer Alert 2015/1, raising concerns about potential dividend stripping involving private companies and SMSFs.
Later in 2015 the ATO said it would be contacting some SMSFs which may have been involved in arraignments described in TA 2015/1.
The ATO said that SMSFs which chose to self-amend Annual Returns would not be subject to administrative penalties. This offer expired on the 15th of February 2016.