Notice of Rulings 12 May 2021
The Commissioner of Taxation, Chris Jordan, 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 RULING | ||
Ruling number | Subject | Brief description |
CR 2021/34 | Australian Mines Limited – demerger of Norwest Minerals Limited | This Ruling sets out the tax consequences of Norwest Mineral’s Limited’s demerger by Australian Mines Limited which was implemented on 31 March 2021. This Ruling applies from 1 July 2020 to 30 June 2021. |
NOTICE OF ADDENDUM | ||
Ruling number | Subject | Brief description |
TR 2002/5 | Income tax: Permanent establishment – What is ‘a place at or through which [a] person carries on any business’ in the definition of permanent establishment in subsection 6(1) of the Income Tax Assessment Act 1936? | This Addendum amends TR 2002/5 to clarify when a period of six months or more might not constitute temporal permanence. This Addendum applies on and from 1 March 2020. |