Notice of Rulings and Withdrawal of Rulings 14 May 2025
The Commissioner of Taxation, Rob Heferen, gives notice by notifiable instrument under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 of the following public rulings, and under subsection 358-20(1) of Schedule 1 to the Taxation Administration Act 1953 of the withdrawal of the following public ruling, copies of which can be obtained from ato.gov.au/law
NOTICE OF RULINGS | ||
Ruling number | Subject | Brief description |
CR 2025/29 | Midway Limited – scheme of arrangement and special dividend | This Ruling sets out the income tax consequences for the special dividend paid by Midway Limited on 18 February 2025 and the scheme of arrangement whereby RCM BidCo Pty Ltd acquired all the ordinary shares in Midway on that date. This Ruling applies to shareholders specified in the Ruling from 1 July 2024 to 30 June 2025. |
CR 2025/31 | E-stralian 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 E-stralian Pty. Ltd. This Ruling applies to stakeholders specified in the Ruling from 1 April 2025 to 31 March 2030. |
CR 2025/32 | University of Melbourne – Atlantic Fellowship | This Ruling sets out the income tax consequences of receiving either project funding or professional development funding, or both, under the Atlantic Fellows for Social Equity program hosted by the University of Melbourne. This Ruling applies from 1 July 2023. |
NOTICE OF WITHDRAWALS | ||
Ruling number | Subject | Brief description |
TD 2019/3W | Fringe benefits tax: what are the rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the fringe benefits tax year commencing on 1 April 2019? | Taxation Determination TD 2019/3 is withdrawn with effect from 15 May 2025 as its period of effect has passed. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. |
TD 2019/4W | Fringe benefits tax: for the purposes of section 135C of the Fringe Benefits Tax Assessment Act 1986, what is the exemption threshold for the fringe benefits tax year commencing on 1 April 2019? | Taxation Determination TD 2019/4 is withdrawn with effect from 15 May 2025 as its date of effect has passed. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates.
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TD 2019/5W | Fringe benefits tax: for the purposes of section 28 of the Fringe Benefits Tax Assessment Act 1986 what are the indexation factors for valuing non-remote housing for the fringe benefits tax year commencing on 1 April 2019? | Taxation Determination TD 2019/5 is withdrawn with effect from 15 May 2025 as its date of effect has passed. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. |
TD 2019/6W | Fringe benefits tax: what is the benchmark interest rate to be used for the fringe benefits tax year commencing on 1 April 2019? | Taxation Determination TD 2019/6 is withdrawn with effect from 15 May 2025 as its date of effect has passed. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. |
TD 2019/7W | Fringe benefits tax: reasonable amounts under section 31G of the Fringe Benefits Tax Assessment Act 1986 for food and drink expenses incurred by employees receiving a living-away-from-home allowance fringe benefit for the fringe benefits tax year commencing on 1 April 2019 | Taxation Determination TD 2019/7 is withdrawn with effect from 15 May 2025 as its period of effect has passed. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. |
TD 2019/9W | Fringe benefits tax: for the purposes of section 39A of the Fringe Benefits Tax Assessment Act 1986, what is the car parking threshold for the fringe benefits tax year commencing on 1 April 2019? | Taxation Determination TD 2019/9 is withdrawn with effect from 15 May 2025 as its date of effect has passed. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. |