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 2014/12 | Income tax: which accounting principles must a financial report be prepared in accordance with in order to satisfy paragraphs 230-150(1)(a), 230‑210(2)(a), 230-255(2)(a), 230‑315(2)(a) and 230‑395(2)(a) of the Income Tax Assessment Act 1997? | The Determination is an expression of the Commissioner’s position on accounting principles used when preparing financial reports.
The Determination applies to years of income commencing both before and after its date of issue. |
TR 2014/2 | Income tax: the application of the ships and aircraft article of Australia’s tax treaties to taxable income derived under section 129 of the Income Tax Assessment Act 1936 by a non‑resident shipowner or charterer | The Ruling is an expression of the Commissioner’s position on the ships and aircraft article of Australia’s tax treaties to taxable income for non-resident shipowners and charterers.
The Ruling applies to years of income commencing both before and after its date of issue. |
NOTICE OF ADDENDUM | ||
Ruling Number | Subject | Brief Description |
GSTR 2000/25 | Goods and services tax: GST-free supplies of water, sewerage and sewerage-like services, storm water draining services and emptying of a septic tank | The Addendum amends Goods and Services Tax Ruling GSTR 2000/25 to reflect the withdrawal and replacement of Goods and Services Tax Ruling GSTR 2000/20 Goods and services tax: commercial residential premises. The Addendum also amends the Ruling with respect to the application of Division 81 which was amended by Tax Laws Amendment (2011 Measures No. 2) Act 2011.
The Addendum applies both before and after its date of issue, subject to the relevant commencement and application provisions of the Tax Laws Amendment (2011 Measures No. 2) Act 2011 and the issue date of Goods and Services Tax Ruling GSTR 2012/5. |