Notice of Rulings and Withdrawal of Rulings 29 November 2023
The Commissioner of Taxation, Chris Jordan, 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 2023/65 | Venus Metals Corporation Limited – in specie distribution of Rox Resources Limited shares | This Ruling sets out the income tax consequences of the return of capital and dividend amounts which formed the in specie distribution of shares in Rox Resources Limited to shareholders of Venus Metals Corporation Limited on 12 July 2023. The Ruling applies to the shareholders specified in the Ruling from 1 July 2023 to 30 June 2024. |
CR 2023/66 | Judo Capital Holdings Limited – Judo Capital Notes | This Ruling sets out the income tax consequences for entities who acquired Judo Capital Notes issued by Judo Capital Holdings Limited. The Ruling applies to the entities specified in the Ruling from 1 July 2023 to 17 November 2031. |
PR 2023/25 | XLD Commodities Pty Ltd – XLD Grain & Fertiliser Prepayment Program | This Ruling sets out the income tax consequences for entities that participate as a customer in the XLD Grain & Fertiliser Prepayment Program offered by XLD Commodities Pty Ltd. The Ruling applies to the specified customers that enter into the Program from 1 Juy 2023 to 30 June 2026. |
NOTICE OF WITHDRAWAL | ||
Ruling number | Subject | Brief description |
TD 2018/10 | Income tax: value of goods taken from stock for private use for the 2017–18 income year | TD 2018/10 is being withdrawn as its period of effect has passed.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. |