Notice of Rulings 6 April 2022
The Acting Commissioner of Taxation, Jeremy Hirschhorn, 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 2022/34 | Australia and New Zealand Banking Group Limited – ANZ Capital Notes 7 | This Ruling sets out the tax consequences for entities that subscribed for and acquired Australia and New Zealand Banking Group Limited Capital Notes 7 issued by Australia and New Zealand Banking Group Limited. This Ruling applies from 1 July 2021 to 30 June 2032. |
CR 2022/35 | Urban Mobility Pty Ltd – use of an electric bicycle by an employee | This Ruling sets out the fringe benefits tax consequences of employers providing their employees with the use of an electric bicycle under a salary packaging arrangement with Urban Mobility Pty Ltd. This Ruling applies from 1 April 2021 to 31 March 2026. |
CR 2022/36 | Eftpos Payments Australia Limited – demutualisation | This Ruling sets out the income tax consequences of the demutualisation of Eftpos Payments Australia Limited for specified members. This Ruling applies from 1 July 2021 to 30 June 2022. |
TD 2022/5 | Income tax: aggregated turnover – application of the ‘connected with’ concept to corporate limited partnerships | This Ruling sets out the Commissioner’s view on the application of the ‘connected with’ concept in section 328-125 of the Income Tax Assessment Act 1997 to corporate limited partnerships. This Ruling applies both before and after its date of issue. |
TD 2022/6 | Income tax: aggregated turnover – application of the public entity exception to the indirect control test | This Ruling sets out the Commissioner’s view on the application of the public entity exception to the indirect control test in subsection 328-125(7) of the Income Tax Assessment Act 1997. This Ruling applies both before and after its date of issue. |
TD 2022/7 | Income tax: aggregated turnover – application of the ‘connected with’ concept to partnerships, foreign hybrids and non-entity joint ventures | This Ruling sets out the Commissioner’s view on the application of the ‘connected with’ concept in section 328-125 of the Income Tax Assessment Act 1997 to partnerships, foreign hybrids and non-entity joint ventures. This Ruling applies both before and after its date of issue. |