Notice of Rulings 16 April 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 |
CR 2025/26 | Tower Limited – return of capital | This Ruling sets out the income tax consequences for holders of ordinary shares in Tower Limited who received the return of share capital payment on 31 March 2025. This Ruling applies to shareholders specified in the Ruling from 1 July 2024 to 30 June 2025. |
CR 2025/27 | Pacific Current Group Limited – off-market share buy-back | This Ruling sets out the income tax consequences for shareholders of Pacific Current Group Limited who participated in the off-market share buy-back approved at an extraordinary general meeting on 30 January 2025. This Ruling applies to shareholders specified in the Ruling from 1 July 2024 to 30 June 2025. |
PR 2025/4 | Commonwealth Bank of Australia – CommBank Yello | This Ruling sets out the income tax consequences for customers of the Commonwealth Bank of Australia who are eligible to participate in CommBank Yello, a consumer loyalty program offered and operated by the bank. This Ruling applies to a customer specified in the Ruling who receives a benefit under the scheme from 4 June 2025 until 30 June 2027. |