COMMISSIONER OF TAXATION
The Commissioner of Taxation, Chris Jordan, gives notice of the following Rulings, copies of which can be obtained from http://ato.gov.au/law.
NOTICE OF RULINGS | ||
Ruling Number | Subject | Brief Description |
CR 2018/19 | Income tax: deductibility of donations to MDA Limited under a Donation Deed | The Ruling sets out the Commissioner’s position deductibility of donations to MDA Limited under a Donation Deed. This Ruling applies from 9 May 2018. |
NOTICE OF ADDENDA | ||
Ruling Number | Subject | Brief Description |
GSTD 2011/1 | Goods and services tax: is an ex gratia payment by an insurer in response to a claim under an insurance policy a payment made ‘in settlement of a claim’? | The Addendum amends GSTD 2011/1 to reflect amendments in relation to digital currency to section 78‑10 of the A New Tax System (Goods and Services Tax) Act 1999. The addendum applies from 1 July 2017. |
GSTD 2012/5 | Goods and services tax: are acquisitions related to an entity’s retail foreign currency exchange transactions with customers in Australia made solely for a creditable purpose under section 11‑15 of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act)? | The Addendum amends GSTD 2012/5 to reflect amendments to the A New Tax System (Goods and Services Tax) Regulations 1999 in particular updates for amendments made to item 9 of the table in subregulation 40‑5.09(3) of the GST Regulations. The addendum applies from 1 July 2017. |
GSTR 2000/25 | Goods and services tax: GST‑free supplies of water, sewerage and sewerage‑like services, storm water draining services and emptying of a septic tank | The Addendum amends GSTR 2000/25 to reflect amendments made to the A New Tax System (Goods and Services Tax) Act 1999 in relation to the GST treatment of digital currency and subsection 9‑10(4) of the GST Act. The addendum applies from 1 July 2017. |
GSTR 2003/13 | Goods and services tax: general law partnerships | The Addendum amends GSTR 2003/13 to reflect amendments made to the A New Tax System (Goods and Services Tax) Act 1999 in relation to the GST treatment of digital currency and subsection 9‑10(4) of the GST Act. The addendum applies from 1 July 2017. |
GSTR 2006/10 | Goods and services tax: insurance settlements and entitlement to input tax credits | The Addendum amends GSTR 2006/10 to reflect amendments made to the A New Tax System (Goods and Services Tax) Act 1999 in relation to the GST treatment of digital currency and Division 11 and 78 of the GST Act. The addendum applies from 1 July 2017. |
GSTR 2014/1 | Goods and services tax: motor vehicle incentive payments | This Addendum amends GSTR 2014/1 to reflect amendments made to the A New Tax System (Goods and Services Tax) Act 1999 (in relation to the GST treatment of digital currency and paragraph 134‑5(1)(c) of the GST Act. The addendum applies from 1 July 2017. |