Notice of Rulings 3 November 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 2021/71 | Commonwealth Bank of Australia – off‑market share buy-back | This Ruling sets out the income tax consequences for shareholders of the Commonwealth Bank of Australia who participated in the off-market share buy‑back that was announced on 11 August 2021. This Ruling applies from 1 July 2021 to 30 June 2022. |
CR 2021/72 | Neometals Ltd – demerger of Widgie Nickel Limited | This Ruling sets out the income tax consequences of the demerger of Widgie Nickel Limited by Neometals Ltd, which was implemented on 26 August 2021. This Ruling applies from 1 July 2021 to 30 June 2022. |