Notice of Rulings 29 September 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 RULINGS | ||
Ruling number | Subject | Brief description |
CR 2021/63 | Rox Resources Limited – demerger of Cannon Resources Limited | This Ruling sets out the income tax consequences of the demerger of Cannon Resources Limited by Rox Resources Limited, which was implemented on 28 July 2021. This Ruling applies from 1 July 2021 to 30 June 2022. |
CR 2021/64 | Suncorp Group Limited – Suncorp Capital Notes 4 | This Ruling sets out the income tax consequences for Australian‑resident investors who acquired Suncorp Capital Notes 4 issued by Suncorp Group Limited. This Ruling applies from 1 July 2021 to 30 June 2031. |
CR 2021/65 | Westpac Banking Corporation – Westpac Capital Notes 8 | This Ruling sets out the income tax consequences for entities that acquired Westpac Capital Notes 8 issued by Westpac Banking Corporation. This Ruling applies from 1 July 2021 to 30 June 2032. |
CR 2021/66 | Edith Cowan University – early retirement scheme 2021 | This Ruling sets out the income tax consequences of an early retirement scheme implemented by Edith Cowan University. This Ruling applies from 30 September 2021 to 31 January 2022. |
PR 2021/11 | Tax consequences for Australian policyholders of a Quilter executive investment bond | This Ruling sets out the tax consequences for Australian policyholders of an executive investment bond issued by Quilter International Isle of Man Limited. This Ruling applies from 1 July 2021 to 30 June 2024 to entities that entered into the scheme, and may continue to apply to those entities after that date. |