Notice of Rulings 20 October 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 2021/70 | Milton Corporation Ltd – scheme of arrangement, final dividend and special dividend | This Ruling sets out the income tax consequences of the dividends paid on 14 September 2021 and 5 October 2021, and the scheme of arrangement implemented on 5 October 2021. This Ruling applies from 1 July 2021 to 30 June 2022. |
NOTICE OF ADDENDUM | ||
Ruling number | Subject | Brief description |
LCR 2019/5 | Base rate entities and base rate entity passive income | This Ruling has been amended to clarify the correct income year that must be used when calculating aggregated turnover for an entity to be a base rate entity. This Addendum applies on and from 20 October 2021. |