COMMISSIONER OF TAXATION
The Commissioner of Taxation, Chris Jordan, gives notice of the following Rulings, copies of which can be obtained from Branches of the Australian Taxation Office or at http://law.ato.gov.au.
NOTICE OF RULINGS | ||
Ruling Number | Subject | Brief Description |
CR 2013/24 | Income tax: scrip for scrip: merger of Texon Petroleum Limited and Sundance Energy Australia Limited | The Ruling outlines the tax consequences for shareholders of Texon Petroleum Limited. The Ruling applies from 1 July 2012 to 30 June 2013. |
PR 2013/5 | Income tax: OnePath Life Limited – OneCare Policy – Life Cover, Total and Permanent Disability Cover and/or Trauma Cover – Value Protector Option | The Ruling outlines the tax consequences for policy owners and beneficiaries of OnePath Life Limited – OneCare Policy – Life Cover, Total and Permanent Disability Cover and/or Trauma Cover – Value Protector Option. The Product Ruling applies from 1 July 2012. |
PR 2013/6 | Income tax: tax consequences of investing in ANZ Cobalt | The Ruling outlines the tax consequences for members of the scheme referred to as ANZ Cobalt offered by Australia and New Zealand Banking Group Limited and issued under the ANZ Cobalt Product Disclosure Statement. The Product Ruling applies prospectively from 8 April 2013. |
NOTICE OF ADDENDA | ||
Ruling Number | Subject | Brief Description |
GSTD 2004/1 | Goods and services tax: when will the requirement to hold a tax invoice or adjustment note be waived as a result of a court or tribunal decision? | The Addendum amends Goods and Services Tax Determination GSTD 2004/1 to take into account the:
The Addendum applies on and from 1 July 2012. |
GSTR 2002/6 | Goods and services tax: exports of goods, items 1 to 4A of the table in subsection 38‑185(1) of the A New Tax System (Goods and Services Tax) Act 1999 | The Addendum amends Goods and Services Tax Ruling GSTR 2002/6 to reflect an amendment to paragraph 382‑5(1)(b) of the Taxation Administration Act 1953 by Indirect Tax laws Amendment (Assessment) Act 2012 which came into effect on 1 July 2012. The Addendum applies on and from 1 July 2012. |
GSTR 2006/7 | Goods and services tax: how the margin scheme applies to a supply of real property made on or after 1 December 2005 that was acquired or held before 1 July 2000 | The Addendum amends Goods and Services Tax Ruling GSTR 2006/7 to reflect the amendment to paragraph 382‑5(1)(b) of the Taxation Administration Act 1953 by Indirect Tax Laws Amendment (Assessment) Act 2012 which came into effect on 1 July 2012. The Addendum applies on and from 1 July 2012. |
GSTR 2007/2 | Goods and services tax: in the application of paragraph (b) of item 3 in the table in subsection 38‑190(1) of the A New Tax System (Goods and Services Tax) Act 1999 to a supply, when does ‘effective use or enjoyment’ of the supply ‘take place outside Australia’? | The Addendum amends Goods and Services Tax Ruling GSTR 2007/2 to update the preamble and date of effect. The Addendum applies on and from 1 July 2010.
|