The Commissioner of Taxation, Chris Jordan, gives notice of the following Rulings, copies of which can be obtained from ato.gov.au/law.
NOTICE OF RULINGS | ||
Ruling number | Subject | Brief description |
CR 2020/24 | GrainCorp Limited – demerger of United Malt Group Limited | This Ruling sets out the income tax consequences of the demerger of United Malt Group Limited by GrainCorp Limited, which was implemented on 1 April 2020. This Ruling applies from 1 July 2019 to 30 June 2020. |
PR 2020/4 | Income tax: taxation consequences for a borrower being charged an ‘Indexed Rate’ of interest under a home loan | This Ruling sets out the taxation consequences for a borrower being charged an ‘Indexed Rate’ of interest under a home loan. This Ruling applies from 1 July 2020. |