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 2013/18 | Income tax: are foreign earnings derived by Australian Defence Force (ADF) members from a period of leave as a result of an accident or illness that occurred while deployed overseas as a member of a disciplined force exempt under section 23AG of the Income Tax Assessment Act 1936 (ITAA 1936)? | The Determination sets out the Commissioner’s opinion on foreign earnings derived by ADF members.
The Determination applies to years of income commencing both before and after its date of issue. |
PR 2013/15 | Income tax: tax consequences of investing in equities using the Macquarie Geared Equities Investment plus (2013 Product Brochure) | The Determination sets out the Commissioner’s opinion on security holders of Macquarie Geared Equities Investment plus.
The Product Ruling applies prospectively from 14 August 2013. |
NOTICE OF ADDENDA | ||
Ruling Number | Subject | Brief Description |
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:
The Addendum applies on and from 1 July 2012. |
GSTR 2012/1 | Goods and services tax: loyalty programs | The Addendum amends Goods and Services Tax Ruling GSTR 2012/1 to reflect the amendments to the A New Tax System (Goods and Services Tax) Act 1999 (GST Act) which were made by Tax and Superannuation Laws Amendment (2012 Measures No. 1) Act 2012. In particular it reflects the amendment that inserted section 9‑17 into the GST Act. Section 9‑17 contains exclusions from the meaning of ‘consideration’ formerly contained in subsection 9‑15(3). Section 9‑17 is now also referred to in the definition of ‘consideration’ as defined by section 195‑1. The amendments apply to payments made on or after 1 July 2012.
The Addendum applies on and from 1 July 2012. |
GSTR 2012/2 | Goods and services tax: financial assistance payments | The Addendum amends Goods and Services Tax Ruling GSTR 2012/2 to reflect the amendments to the A New Tax System (Goods and Services Tax) Act 1999 (GST Act) which were made by Tax and Superannuation Laws Amendment (2012 Measures No. 1) Act 2012. In particular it reflects the amendment that inserted section 9‑17 into the GST Act. Section 9‑17 contains exclusions from the meaning of ‘consideration’ formerly contained in subsection 9‑15(3). Section 9‑17 is now also referred to in the definition of ‘consideration’ as defined by section 195‑1. The amendments apply to payments made on or after 1 July 2012.
The Addendum applies on and from 1 July 2012. |
NOTICE OF WITHDRAWALS | ||
Ruling Number | Subject | Brief Description |
PR 2007/19 | Income tax: ITC Sandalwood Project 2007 | Product Ruling PR 2007/19 is withdrawn with effect from 14 August 2013. |
PR 2008/27 | Income tax: ITC Sandalwood Project 2008 | Product Ruling PR 2008/27 is withdrawn with effect from 14 August 2013. |
PR 2009/15 | Income tax: ITC Sandalwood Project 2009 | Product Ruling PR 2009/15 is withdrawn with effect from 14 August 2013. |