COMMISSIONER OF TAXATION
The Commissioner of Taxation, Chris Jordan, gives notice of the following Rulings, copies of which can be obtained from http://ato.gov.au/law.
NOTICE OF RULINGS | ||
Ruling Number | Subject | Brief Description |
TD 2016/17 | Income tax: in what circumstances does a contractual right, which is subject to the satisfaction of a condition, become a right to acquire a beneficial interest in a share for the purposes of subsection 83A‑340(1) of the Income Tax Assessment Act 1997? | The Determination sets out the Commissioner’s position on contractual rights in relation to beneficial interest in a share. The Determination applies to schemes begun to be carried out on or after 9 September 2015 (the date of withdrawal of Taxation Determination TD 2014/21). |
CR 2016/84 | Income tax: in specie distribution by Centuria Capital Limited and creation of a new stapled entity | The Ruling sets out the Commissioner’s position for holders of ordinary shares in Centuria Capital Limited. The Ruling applies from 1 July 2016 to 30 June 2017. |