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 2017/90 | Income tax: Warwick Credit Union Ltd – Capital Notes | The Ruling sets out the Commissioner’s position on investors who acquire fully paid, unsecured, subordinated, convertible notes issued by the Warwick Credit Union Ltd called the Warwick Capital Notes. The Ruling applies from 1 July 2017 to 30 June 2027 and continues to apply after 30 June 2027 to all entities within the specified class who entered into the specified scheme during the term of the Ruling. |
TD 2017/25 | Income tax: can a foreign resident elect to treat their interest in a limited partnership as an interest in a foreign hybrid limited partnership under paragraph 830‑10(2)(b) of the Income Tax Assessment Act 1997? | The Determination sets out the Commissioner’s position on whether a foreign resident can elect to treat their interest in a limited partnership as an interest in a foreign hybrid limited partnership under paragraph 830‑10(2)(b) of the Income Tax Assessment Act 1997? The Determination applies to years of income commencing 18 December 2017. |
NOTICE OF ADDENDA | ||
Ruling Number | Subject | Brief Description |
LCG 2016/8 | Superannuation reform: transfer balance cap and transition to retirement reforms: transitional CGT relief for superannuation funds | The Addendum amends Law Companion Guideline LCG 2016/8. The Addendum applies on and from 20 December 2017. |
LCG 2016/9 | Superannuation reform: transfer balance cap | The Addendum amends Law Companion Guideline LCG 2016/8. The Addendum applies on and from 20 December 2017. |
LCG 2016/12 | Superannuation reform: total superannuation balance | The Addendum amends Law Companion Guideline LCG 2016/12. The Addendum applies on and from 20 December 2017. |
NOTICE OF WITHDRAWALS | ||
Ruling Number | Subject | Brief Description |
GSTR 2014/3 | Goods and services tax: the GST implications of transactions involving bitcoin | Withdrawn with effect from 18 December 2017. No replacement ruling will be issued. Publication date 18 December 2017 |