Notice of Rulings and Withdrawal of Rulings 22 October 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 |
TD 2025/7 | Income tax: value of goods taken from stock for private use for the 2025–26 income year | This Determination provides an update of amounts that we will accept as estimates of the value of goods taken from trading stock for private use by taxpayers in named industries. This Determination applies from 1 July 2025 to 30 June 2026. |
CR 2025/75 | AVJennings Limited – scheme of arrangement and special dividend | This Ruling sets out the income tax consequences of the special dividend paid by AVJennings Limited on 6 August 2025 and the disposal of all the ordinary shares in that company under a scheme of arrangement implemented on 14 August 2025. This Ruling applies to shareholders specified in the Ruling from 1 July 2025 to 30 June 2026. |
CR 2025/76 | Museums Board of Victoria – Museums Victoria Early Retirement Scheme 2025-2026 | This Ruling sets out the tax consequences of an early retirement scheme implemented by Museums Board of Victoria. This Ruling applies to employees specified in the Ruling from 23 October 2025 until 30 June 2026. |
NOTICE OF WITHDRAWAL | ||
Ruling number | Subject | Brief description |
TD 2020/1W | Income tax: value of goods taken from stock for private use for the 2019–20 income year | TD 2020/1 is being withdrawn as its period of effect has passed.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. |