Notice of Rulings 1 October 2025
The Commissioner of Taxation, Rob Heferen, gives notice by notifiable instrument under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 of the following public rulings, copies of which can be obtained from ato.gov.au/law
NOTICE OF RULINGS | ||
Ruling number | Subject | Brief description |
TR 2025/2 | Income tax: aspects of the third-party debt test in Subdivision 820-EAB of the Income Tax Assessment Act 1997 | This Ruling sets out our views on aspects of the third party debt test in Subdivision 820-EAB of the Income Tax Assessment Act 1997. This Ruling applies both before and after its date of issue. |
CR 2025/67 | Platinum Asia Investments Limited – disposal of shares and special dividend | This Ruling sets out the income tax consequences for the holders of ordinary shares in Platinum Asia Investments Limited in relation to the payment of a special dividend by that company on 12 September 2025 and the acquisition of all the ordinary shares in that company by the trustee of Platinum Asia Fund which was implemented on 25 August 2025. This Ruling applies to shareholders specified in the Ruling from 1 July 2025 to 30 June 2026. |
CR 2025/68 | Flexabike – use of an electric bicycle by an employee | This Ruling sets out the fringe benefits tax consequences of employers providing their employees with the use of an electric bicycle under a salary packaging arrangement with The Trustee for Cookson Family Trust trading as Flexabike. This Ruling applies to employees specified in the Ruling from 1 April 2024 to 31 March 2030. |
CR 2025/69 | Whitefield Industrials Limited – bonus shares issued under Dividend Substitution Plan | This Ruling sets out the income tax consequences for shareholders of Whitefield Industrials Limited who choose to receive bonus shares in lieu of dividends under the Dividend Substitution Plan offered by that company. This Ruling applies to shareholders specified in the Ruling from 1 July 2024 to 30 June 2029. |