COMMISSIONER OF TAXATION
The Commissioner of Taxation, Chris Jordan, gives notice of the following Ruling, copy of which can be obtained from http://ato.gov.au/law.
NOTICE OF RULING | ||
Ruling Number | Subject | Brief Description |
TD 2017/20 | Income tax: is a person who is not a beneficiary of the trust capable of having a distribution made to them for the purposes of section 272‑60 of Schedule 2F to the Income Tax Assessment Act 1936? | The Determination sets out the Commissioner’s position on whether a person who is not a beneficiary of a trust is capable of having a distribution made to them for the purposes of section 272‑60 of Schedule 2F to the Income Tax Assessment Act 1936? The Determination will not apply to distribution transactions which have begun to be carried out on or before 7 June 2017. |