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 |
TD 2016/18 | Income tax: is a redemption payment received by a worker under the Return to Work Act 2014 (SA) assessable income of the worker? | The Determination sets out the Commissioner’s position on redemption payments received by workers under the Return to Work Act 2014 (SA). The Determination only applies to redemption payments made under agreements entered into on or after 10 August 2016 (the date of issue of draft Taxation Determination TD 2016/D1). |
CR 2016/89 | Income tax: Demerger of Davenport Resources Limited by Arunta Resources Limited | The Ruling sets out the Commissioner’s position for holders of ordinary shares (AJR shares) in Arunta Resources Limited (AJR). The Ruling applies from 1 July 2015 to 30 June 2016. |
CR 2016/90 | Income tax: Centuria Capital Limited ‑ Executive Incentive Plan | The Ruling sets out the Commissioner’s position for employees of Centuria Capital Limited. The Ruling applies from 1 July 2016 to 30 June 2019. |
NOTICE OF ADDENDA | ||
Ruling Number | Subject | Brief Description |
TD 93/3 | Income tax: is a payment, being a partial commutation of weekly compensation payments, assessable income? | The Addendum amends Taxation Determination TD 93/3 to reflect the publication of Taxation Determination TD 2016/18 Income tax: is a redemption payment received by a worker under the Return to Work Act 2014 (SA) assessable income of the worker? The Addendum applies on and from 23 November 2016. |
CR 2013/78 | Fringe benefits tax and income tax: employer contributions to the ReddiFund | The Addendum amends Class Ruling CR 2013/78 to take account of amendments made to the ReddiFund Trust Deed and the Fund Regulations in accordance with the notification requirements of clause 15.1 of the Trust Deed. The Addendum applies on and from 12 July 2016. |
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 amendments made to the A New Tax System (Goods and Services Tax) Act 1999 by the Tax and Superannuation Laws Amendment (2016 Measures No.1) Act 2016 in relation to subparagraphs 38‑185(3)(f)(ii) and 38‑185(4)(f)(ii). The Addendum also makes further minor amendments to GSTR 2002/6 and updates the references section. The Addendum applies on and from 1 October 2016. |
GSTR 2005/3 | Goods and services tax: arrangements of the kind described in Taxpayer Alert TA 2004/9 – exploitation of the second‑hand goods provisions to obtain input tax credits | The Addendum amends Goods and Services Tax Ruling GSTR 2005/3 to reflect amendments made to the A New Tax System (Goods and Services Tax) Act 1999 by the Tax and Superannuation Laws Amendment (2016 Measures No.1) Act 2016 in relation to subsection 9‑25(3). The Addendum applies on and from 1 October 2016. |
NOTICE OF WITHDRAWAL | ||
Ruling Number | Subject | Brief Description |
SGD 94/3 | Superannuation guarantee: Does the Superannuation Guarantee (Administration) Act 1992 (SGAA) apply to Norfolk Island? | Withdrawn with effect from 23 November 2016. |