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 2017/64 | Fuel tax credits: clients of Navman Wireless Australia Pty Ltd who use the FTC Claim Reports information showing litres allocated according to travel generated by FTC Manager as a record for fuel tax credit purposes | The Ruling sets out the Commissioner’s position on clients of Navman Wireless Australia Pty Ltd who are registered for goods and services tax and who use the FTC Claim Reports information showing litres allocated according to travel generated by FTC Manager as a record for fuel tax credit purposes. The Ruling applies from 28 April 2017 to 30 June 2020. |
CR 2017/65 | Fringe benefits tax: employers using the EZYCarLog mobile APP Logbook Solution for car log book and odometer records | The Ruling sets out the Commissioner’s position on employers who use the EzyCarLog ‘mobile Application Logbook Solution’, system for car log book record and odometer record keeping requirements. The Ruling applies from 1 July 2017 to 30 June 2022 and continues to apply after 30 June 2022 to all entities within the specified class who entered into the specified scheme during the term of the Ruling. |
PR 2017/12 | Income tax: taxation consequences of investing in the UBS Structured Option and Loan Facility | The Ruling sets out the Commissioner’s position on taxation consequences of investing in the UBS Structured Option and Loan Facility. The Ruling applies prospectively from 1 July 2017 and applies only to the specified class of entities that enter into the scheme from 1 July 2017 until 30 June 2020, being its period of application. The Ruling will continue to apply to those entities even after its period of application has ended for the scheme entered into during the period of application. |
NOTICE OF ADDENDUM | ||
Ruling Number | Subject | Brief Description |
PR 2017/9 | Income tax: OnePath Life – OneCare Policy – Life Cover, Total and Permanent Disability Cover and/or Trauma Cover | The Addendum amends Product Ruling PR 2017/9 to incorporate the Product Disclosure Statement and Policy Terms dated 19 August 2017. The Addendum applies on and from 1 July 2017. |