Notice of Rulings 24 June 2026
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 2026/35 | National Gallery of Victoria – Early Retirement Scheme 2026 | This Ruling sets out the tax consequences an early retirement scheme implemented by the National Gallery of Victoria This Ruling applies to employees of the National Gallery of Victoria specified in the Ruling from 25 June 2026 to 31 October 2026. |
CR 2026/36 | Red Metal Limited – in specie return of Maronan Metals Limited shares | This Ruling sets out the income tax consequences for shareholders of Red Metal Limited who received a return of capital by way of an in specie distribution of shares in Maronan Metals Limited on 15 May 2026 This Ruling applies to shareholders specified in the Ruling from 1 July 2025 to 30 June 2026. |
CR 2026/37 | Strickland Metals Limited – reduction of share capital | This Ruling sets out the income tax consequences for holders of ordinary shares in Strickland Metals Limited (Strickland) who received a reduction of share capital (Capital Return) by way of a transfer of convertible preference shares in Gateway Mining Limited (Gateway) on 25 August 2025 This Ruling applies to shareholders specified in the Ruling from 1 July 2025 to 30 June 2026. |
PR 2026/8 | Resolution Life Lifetime Income Annuities | This Ruling sets out the income tax consequences in connection with an investment in a Lifetime Income Annuity issued by Resolution Life Australasia Limited and offered under a Product Disclosure Statement and Policy Document dated 16 February 2026. This Ruling applies to the entities specified in the Ruling from 16 February 2026 in relation to an Annuity purchased from 16 February 2026 until 30 June 2028. |
TD 2026/4 | Income tax: reasonable travel and overtime meal allowance expense amounts for the 2026–27 income year | This Determination sets out the reasonable travel and overtime meal allowance expense amounts for the 2026–27 income year . |