The Commissioner of Taxation, Chris Jordan, gives notice of the following Rulings, copies of which can be obtained from ato.gov.au/law.
NOTICE OF RULINGS | ||
Ruling number | Subject | Brief description |
CR 2019/75 | GARDA Capital Group Stapled Securities – scrip for scrip rollovers | This Ruling sets out the tax consequences for holders of GARDA Capital Group Stapled Securities (consisting of units in GARDA Capital Trust and shares in GARDA Capital Limited in relation to the acquisition of those securities by GARDA Diversified Property Fund and GARDA Holdings Limited respectively. This Ruling applies from 1 July 2019 to 30 June 2020. |
CR 2019/76 | GARDA Diversified Property Fund – return of trust corpus and formation of a stapled security | This Ruling sets out the tax consequences for the unitholders of GARDA Diversified Property Fund when GDF distributed all of the shares in its newly incorporated, wholly‑owned subsidiary, GARDA Holdings Limited to its unitholders. This Ruling applies from 1 July 2019 to 30 June 2020. |
CR 2019/77 | McMillan Shakespeare Limited – off‑market share buy-back | This Ruling sets out the income tax consequences of the off‑market buy-back of McMillan Shakespeare ordinary shares undertaken by McMillan Shakespeare Limited, announced by MMS on 17 June 2019. This Ruling applies from 1 July 2019 to 30 June 2020. |