Notice of Rulings and Withdrawal of Rulings 18 June 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 rulings, copies of which can be obtained from ato.gov.au/law
NOTICE OF RULINGS | ||
Ruling number | Subject | Brief description |
TD 2025/3 | Income tax: application of Part IVA of the Income Tax Assessment Act 1936 to certain early stage innovation company investment arrangements | This Determination provides the Commissioner’s view that Part IVA of the Income Tax Assessment Act 1936 can apply to early stage innovation company schemes as described in Taxpayer Alert TA 2024/1 Early stage investor tax offset claimed using circular financing arrangements. This Determination applies both before and after its date of issue – 18 June 2025. |
CR 2025/41 | Street v State of Western Australia: Settlement Distribution Scheme | This Ruling sets out the income tax consequences for individuals who receive a distribution of an amount based on their Final Settlement Entitlement under the Street v State of Western Australia Settlement Distribution Scheme. This Ruling applies to individuals specified in the Ruling from 1 July 2024 to 30 June 2027. |
PR 2025/7 | Challenger Life Company Limited - CarePlus | This Ruling sets out the income tax consequences for entities referred to in the Ruling in connection with an investment in Challenger CarePlus issued by Challenger Life Company Limited. This Ruling applies from 1 July 2025 to the entities specified in the Ruling from 1 July 2025 until 30 June 2028. |
NOTICE OF WITHDRAWALS | ||
Ruling number | Subject | Brief description |
TR 95/8W | Income tax: employee cleaners - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/9W | Income tax: employee lawyers - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/10W | Income tax: employee shop assistants - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/11W | Income tax: hospitality industry employees – allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/12W | Income tax: employee factory workers - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/13W | Income tax: employee police officers – allowance, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/14W | Income tax: employee teachers - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/15W | Income tax: nursing industry employees - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/16W | Income tax: employee hairdressers - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/17W | Income tax: employee work-related deductions of employees of the Australian Defence Force | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/18W | Income tax: employee truck drivers - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/19W | Income tax: airlline industry employees - allowances,reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/20W | Income tax: employee performing artists - allowances, reimbursements and work-related expenses | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 95/22W | Income tax: employee building workers - allowances, reimbursements, long service payments, redundancy trust payments and work related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 98/6W | Income tax: real estate industry employees - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |
TR 98/14W | Income tax: employee journalists - allowances, reimbursements and work-related deductions | This Ruling is no longer current due to developments in case law and legislation. The Ruling is therefore withdrawn. |