COMMISSIONER OF TAXATION
The Commissioner of Taxation, Chris Jordan, gives notice of the following Rulings, copies of which can be obtained from http://ato.gov.au/law.
NOTICE OF RULINGS | ||
Ruling Number | Subject | Brief Description |
PR 2018/13 | Income tax: tax consequences for Australian Policyholders of an Executive Investment Bond | The Ruling sets out the Commissioner’s position tax consequences for Australian Policyholders of an Executive Investment Bond. The Ruling applies prospectively from 1 July 2018 to entities that entered into the scheme and are residents of Australia for taxation purposes during 1 July 2018 to 30 June 2021, and will continue to apply to those entities even after its period of application has ended (as long as the Policyholder remains a resident of Australia for taxation purposes). |
CR 2018/44 | Income tax: APN Outdoor Group Limited – Scheme of Arrangement and payment of Special Dividend | The Ruling sets out the Commissioner’s position on shareholders of APN Outdoor Group Limited – Scheme of Arrangement and payment of Special Dividend. The Ruling applies from 1 July 2018 to 30 June 2019 and continues to apply after 30 June 2019 to all entities within the specified class who entered into the specified scheme during the term of the Ruling. |
CR 2018/45 | Income tax: scrip for scrip roll-over: exchange of CHESS Depositary Interests in fourteen BlackRock iShares Funds for units in fourteen new BlackRock Trusts | The Ruling sets out the Commissioner’s position on scrip for scrip roll-over: exchange of CHESS Depositary Interests in fourteen BlackRock iShares Funds for units in fourteen new BlackRock Trusts. The Ruling applies from 1 July 2018 to 30 June 2019 and continues to apply after 30 June 2019 to all entities within the specified class who entered into the scheme during the term of the Ruling. |
CR 2018/46 | Income tax: ‘Macquarie University Academic Staff Early Retirement Scheme 2018–2019’ | The Ruling sets out the Commissioner’s position on employees of Macquarie University who received a payment under the Macquarie University Academic Staff Early Retirement Scheme 2018–2019. The Ruling applies from 14 November 2018 to 1 November 2019 and continues to apply after 1 November 2019 to all entities within the specified class who entered into the scheme during the term of the Ruling. |
NOTICE OF ADDENDA | ||
Ruling Number | Subject | Brief Description |
PR 2018/2 | Income tax: taxation consequences of investing in Macquarie Equity Lever Instalment Receipts | The Addendum amends Product Ruling PR 2018/2 to incorporate the Supplementary Product Disclosure Statement dated 30 October 2018 as a scheme document. The Addendum applies on and from 14 February 2018. |
CR 2017/68 | Income tax: ‘Colanda Department of Health and Human Services Early Retirement Scheme 2017’ | The Addendum amends Class Ruling CR 2017/68 to reflect an extension to the period to which the ruling applies. The Addendum applies on and from 1 July 2019. |
TR 2006/3 | Income tax: government payments to industry to assist entities (including individuals) to continue, commence or cease business | The Addendum amends Taxation Ruling TR 2006/3 to provide further examples of government payments made. The Addendum applies to years of income commencing both before and after its date of issue. |