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 |
TD 2015/17 | Income tax: will a dealing between a life insurance company and another entity in relation to a segregated asset(s) of the company, undertaken by the company solely for the purpose of maintaining a pool of assets out of which to discharge its complying superannuation/FHSA life insurance policy liabilities or exempt life insurance policy liabilities, effect the transfer of an asset(s) ‘from’ or ‘to’ the company’s complying superannuation/FHSA asset pool or its segregated exempt assets (within the meaning of Division 320 of the Income Tax Assessment Act 1997)? | The Determination sets out the Commissioner’s position on the transfer or disposal of an asset when dealing with another entity undertaken by the company solely for the purpose of maintaining a pool of assets out of which to discharge its complying superannuation/FHSA life insurance policy liabilities or exempt life insurance policy liabilities.
The Determination applies to years of income commencing both before and after its date of issue. |
CR 2015/72 | Income tax: Multiplex Development and Opportunity Fund – Return of capital | The Ruling sets out the Commissioners position for the holders of Multiplex Development and Opportunity Fund.
The Ruling applies from 1 July 2015 to 30 June 2016. |
CR 2015/73 | Income tax: scrip for scrip roll-over: restructure of Campaign Monitor Holdings Pty Limited | The Ruling sets out the Commissioners position for the holders of shares in Campaign Monitor Holdings Pty Ltd.
The Ruling applies from 1 July 2014 to 30 June 2016. |
CR 2015/74 | Income tax: the ‘Powerlink Voluntary Early Retirement Scheme 2015‑2017’ | The Ruling sets out the Commissioners position for those employees of Queensland Electricity Transmission Corporation Limited.
The Ruling applies from 23 September 2015 to 23 September 2017. |
NOTICE OF ADDENDA | ||
Ruling Number | Subject | Brief Description |
GSTD 2012/2 | Goods and services tax: what are the goods and services tax consequences following the sale of commercial premises that are subject to a lease? | The Addendum amends GSTD 2012/2 to incorporate changes following the decision in Commissioner of Taxation v. MBI Properties Pty Ltd [2014] HCA 49; 2014 ATC 20-474, and to also incorporate the ATO view formerly in ATO Interpretative Decision ATO ID 2013/30, which has been withdrawn.
The Addendum applies on and from 23 September 2015. |
PR 2013/16 | Income tax: deductibility of interest in relation to investment in units in the Macquarie Flexi 100 Trust issued on or before 30 June 2016 | The Addendum amends PR 2013/16 to include a Supplementary Product Disclosure Statement and an additional Reference Asset.
The Addendum applies on and from 18 September 2013. |
PR 2013/24 | Income tax: Challenger Guaranteed Annuity (Liquid Lifetime) | The Addendum amends PR 2013/24 to incorporate amendments to Division 118 of the Income Tax Assessment Act 1997 in respect of compensation, insurance policy and annuity instrument receipts.
The Addendum applies on and from 1 July 2013. |
PR 2014/13 | Income tax: CommInsure Protection – Split TPD Cover | The Addendum amends PR 2014/13 to incorporate amendments to Division 118 of the Income Tax Assessment Act 1997 in respect of compensation and insurance policy receipts.
The Addendum applies on and from 1 July 2014. |