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 |
CR 2018/55 | Income tax: Charles Darwin University Academic Staff Voluntary Early Retirement Scheme 2018 | The Ruling sets out the Commissioner’s position on employees of Charles Darwin University who receive a payment under the Charles Darwin University Academic Staff Voluntary Early Retirement Scheme 2018. The Ruling applies from 12 December 2018 to 31 December 2019. The Ruling continues to apply after 31 December 2019 to all entities within the specified class who entered into the specified scheme during the term of the Ruling. |
CR 2018/56 | Income tax: Charles Darwin University Professional Staff Voluntary Early Retirement Scheme 2018 | The Ruling sets out the Commissioner’s position on employees of Charles Darwin University who receive a payment under the Charles Darwin University Professional Staff Voluntary Early Retirement Scheme 2018. The Ruling applies from 12 December 2018 to 31 December 2019. The Ruling continues to apply after 31 December 2019 to all entities within the specified class who entered into the specified scheme during the term of the Ruling. |
CR 2018/57 | Income tax: Rio Tinto Limited – off market share buy back | The Ruling sets out the Commissioner’s position on shareholders who disposed of shares in the off‑market share buy‑back by Rio Tinto Limited. The Ruling applies from 1 July 2018 to 30 June 2019. The Ruling 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 2018/58 | Income tax: Device Technologies Australia Pty Ltd adjustment to employee options | The Ruling sets out the Commissioner’s position on employees who have acquired Options under the Device Technologies Australia Pty Ltd Employee Share Option Plan. The Ruling applies to the income year ended 30 June 2019. |
PR 2018/14 | Income tax: taxation consequences of investing in the Macquarie Tailored Portfolio Collar Facility | The Ruling sets out the Commissioner’s position on the tax consequences for investors in the Tailored Portfolio Collar Facility offered by Macquarie Bank Limited. The Ruling applies to the specified class of entities that enter into the scheme from 1 July 2018 until 30 June 2021. |
PR 2018/15 | Income tax: taxation consequences for a Customer entering into a Prepay and Grow Agreement with Ruralco | The Ruling sets out the Commissioner’s position tax consequences for customers of entering into a Prepay and Grow Agreement with Ruralco. The Ruling applies to the specified class of entities that enter into the scheme from 1 July 2018 until 30 June 20217. |
TD 2018/16 | Income tax: payments received under the National Redress Scheme for Institutional Child Sexual Abuse Act 2018 | The Determination sets out the Commissioner’s position on payments received under the National Redress Scheme. The Determination applies from 1 July 2018. |
NOTICE OF ADDENDA | ||
Ruling Number | Subject | Brief Description |
GSTD 2003/1 | Goods and services tax: is the payment of judgment interest consideration for a supply? | The Addendum amends Goods and Services Tax Determination GSTD 2003/1 to reflect amendments made to the A New Tax System (Goods and Services Tax) Act 1999 in relation to the GST treatment of digital currency. The Addendum applies on and from 1 July 2017. |
GSTR 2000/19 | Goods and services tax: GST consequences of the assumption of vendor liabilities by the purchaser of an enterprise | The Addendum amends Goods and Services Tax Ruling GSTR 2000/19 to reflect amendments made to the A New Tax System (Goods and Services Tax) Act 1999 in relation to the GST treatment of digital currency. The Addendum applies on and from 1 July 2017. |
GSTR 2004/9 | Goods and services tax: GST consequences of the assumption of vendor liabilities by the purchaser of an enterprise | The Addendum amends Goods and Services Tax Ruling GSTR 2004/9 to reflect amendments made to the A New Tax System (Goods and Services Tax) Act 1999 in relation to the GST treatment of digital currency. The Addendum applies on and from 1 July 2017. |
GSTR 2006/9 | Goods and services tax: supplies | The Addendum amends Goods and Services Tax Ruling GSTR 2006/9 to reflect amendments made to the A New Tax System (Goods and Services Tax) Act 1999 in relation to the GST treatment of digital currency. The Addendum applies on and from 1 July 2017. |