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 2017/66 | Income tax: the ‘National Roads and Motorists Association Limited Early Retirement Scheme 2017’ | The Ruling sets out the Commissioner’s position on the employees of the National Roads and Motorists’ Association who receive a payment under the scheme. The Ruling applies from 1 September 2017 to 31 December 2018 and continues to apply after 31 December 2018 to all entities within the specified class who entered into the specified scheme during the term of the Ruling. |
CR 2017/67 | Income tax: SMS Management & Technology Limited – Scheme of Arrangement and Special Dividend | The Ruling sets out the Commissioner’s position on the shareholders of SMS Management & Technology Limited. The Ruling applies from 1 July 2017 to 30 June 2018 and continues to apply after 30 June 2018 to all entities within the specified class who entered into the specified scheme during the term of the Ruling. |
CR 2017/69 | Income tax: ‘Canon Information Systems Research Australia Pty. Ltd. Retirement Scheme 2017’ | The Ruling sets out the Commissioner’s position on the employees of Canon Information Systems Research Australia Pty. Ltd. who receive a payment under the scheme. The Ruling applies from 27 September 2017 to 31 December 2017 and continues to apply after 31 December 2017 to all entities within the specified class who entered into the specified scheme during the term of the Ruling. |
PR 2017/13 | Income tax: tax consequences for a borrower being charged a discounted home loan interest rate calculated under the Pivot Portfolio Loan Facility | The Ruling sets out the Commissioner’s position on tax consequences for a borrower being charged a discounted home loan interest rate calculated under the Pivot Portfolio Loan Facility. The Ruling applies prospectively from 27 September 2017 and applies only to the specified class of entities that enter into the scheme from 27 September 2017 until 30 June 2020, being its period of application. |