Notice of Rulings 28 May 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 2025/33 | CenITex – Early Retirement Scheme 2025 | This Ruling sets out the income tax consequences of the CenITex – Early Retirement Scheme 2025. This Ruling applies to employees specified in the Ruling from 29 May 2025 to 31 December 2025. |
CR 2025/34 | Canva, Inc – scrip for scrip roll-over | This Ruling sets out the income tax consequences for certain shareholders of the entity formerly known as Canva, Inc. (now registered as Canva Australia Holdings Pty. Ltd.), who exchanged their shares for replacement shares in the new Canva, Inc. in connection with the restructure of the Canva corporate group which commenced on 13 February 2025. This Ruling applies to shareholders specified in the Ruling from 1 July 2024 to 30 June 2025. |
CR 2025/35 | Canva, Inc – scrip for scrip roll-over treatment of stock options subject to start-up concession | This Ruling sets out the income tax consequences for certain holders of ‘start-up’ stock options in the entity formerly known as Canva, Inc. (now registered as Canva Australia Holdings Pty. Ltd.), who had their options replaced with stock options in the new Canva, Inc. in connection with the restructure of the Canva corporate group, which commenced on 13 February 2025. This Ruling applies to stock option holders specified in the Ruling from 1 July 2024 to 30 June 2025. |
CR 2025/36 | Canva, Inc – treatment of Subdivision 83A-C stock options and restricted stock units | This Ruling sets out the income tax consequences for certain holders of specified stock options or restricted stock units (RSUs) in the entity formerly known as Canva, Inc. (now registered as Canva Australia Holdings Pty. Ltd.), where these stock options or RSUs were replaced with stock options or RSUs in the new Canva, Inc. in connection with the restructure of the Canva corporate group which commenced on 13 February 2025. This Ruling applies to stock option holders specified in the Ruling from 1 July 2024 to 30 June 2025. |
CR 2025/37 | Fitzroy River Corporation Ltd – return of capital | This Ruling sets out the income tax consequences for shareholders of Fitzroy River Corporation Ltd who received the return of share capital on 13 May 2025. This Ruling applies to shareholders specified in the Ruling from 1 July 2024 to 30 June 2025. |