COMMISSIONER OF TAXATION
The Commissioner of Taxation, Chris Jordan, gives notice of the following Rulings, copies of which can be obtained at http://ato.gov.au/law.
NOTICE OF DETERMINATIONS | ||
Ruling Number | Subject | Brief Description |
TD 2016/10 | Income tax: what is the Indicator Lending Rate applicable to capital protected borrowings under subsection 247-20(5) of the Income Tax Assessment Act 1997 and subsection 247-80(4) of the Income Tax (Transitional Provisions) Act 1997? | The Determination sets out the Commissioner’s position on the appropriate Indicator Lending Rate applicable to capital protected borrowings under subsection 247-20(5) of the Income Tax Assessment Act 1997 and subsection 247-80(4) of the Income Tax (Transitional Provisions) Act 1997?
The Determination applies from 11 September 2015. |
CR 2016/41 | Fringe Benefits Tax: employer clients of Smartgroup Corporation Ltd who are subject to the provisions of section 57A of the Fringe Benefits Tax Assessment Act 1986 that make use of the ANZ Entertainment Benefits Card facility
| The Ruling sets out the Commissioner’s opinion on employers who enter into a salary packaging arrangement with Smartgroup Corporation Ltd and its subsidiaries Smartsalary Pty Limited, and Salary Packaging Solutions Pty Ltd t/a Advantage Salary Packaging to provide the promoter’s Meal Entertainment and Venue Hire Purchasing Card (the ANZ Entertainment Benefits Card) to the employer’s employees or their associates under an arrangement made with the promoter.
The Ruling applies from 1 April 2016 to 31 March 2020. |
CR 2016/42 | Income tax: deductibility of donations to Launch Housing Limited under a Payment Direction Deed | The Ruling sets out the Commissioner’s opinion on Landlords who:
The Ruling applies from 22 April 2015. |
CR 2016/43 | Income tax: employer clients of PBI Benefit Solutions Pty Ltd who are subject to the provisions of section 57A of the Fringe Benefits Tax Assessment Act 1986 that make use of the Westpac Entertainment Benefits Card facility | The Ruling sets out the Commissioner’s opinion on employers who enter into a salary packaging arrangement with PBI Benefit Solutions Pty Limited to provide the promoter’s Meal Entertainment and Venue Hire Purchasing Card (the Westpac Entertainment Benefits Card) to the employer’s employees or their associates under an arrangement made with the promoter.
The Ruling applies from 1 April 2016 to 31 March 2020. |
CR 2016/44 | Income tax and fringe benefits tax: customers who use the Smartrak Aust. Pty Ltd Fleet Management System (FMS) system for car log book records and for odometer records | The Ruling sets out the Commissioner’s opinion on customers who use the Smartrak Aust. Pty. Ltd. Fleet Management System for car log book record and odometer record keeping requirements.
The Ruling applies from 1 April 2016. |
CR 2016/45 | Income tax: scrip for scrip roll-over – exchange of units in The Airlie Share Fund for units in The Airlie Concentrated Share Fund | The Ruling sets out the Commissioner’s opinion on the holders of units in The Airlie Share Fund who participate in the scheme.
The Ruling applies from 1 July 2015 to 30 June 2016. |