Notice of Rulings, Notice of Addendum

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
TR 2013/3	Income tax: research and development tax offsets: feedstock adjustments	The Ruling considers certain aspects of the feedstock adjustment provisions in Subdivision 355‑H of the Income Tax Assessment Act 1997. The Ruling applies to years of income commencing both before and after its date of issue.
CR 2013/12	Income tax: capital gains tax: special dividend and capital proceeds from sale of Norton Gold Fields Limited shares pursuant to off market takeover	The Ruling outlines the consequences for the shareholders in Norton Gold Fields Limited. The Ruling applies from 1 July 2012 to 30 June 2013.
CR 2013/13	Goods and services tax: GST treatment of developer contributions and other dedications of land made to NSW councils	The Ruling outlines the consequences for all councils that are members of the Local Government Association of New South Wales and the Shires Association of NSW. The Ruling applies from 1 July 2013 to all entities within the specified class who entered into the specified scheme during the term of the Ruling.
CR 2013/14	Goods and services tax: goods and services supplied by dentists	The Ruling outlines the consequences for dentists who are members of the Australian Dental Association Inc. The Ruling applies on or after 20 February 2013.

NOTICE OF ADDENDUM
TD 2009/21	Income tax: to obtain a deduction under section 25-90 of the Income Tax Assessment Act 1997 for a cost in relation to a debt interest does the taxpayer have to actually derive a dividend to which section 23AJ of the Income Tax Assessment Act 1936 applies in the same income year as that in which the cost is incurred?	The Addendum amends TD 2009/21 footnote 3 to reflect the Full Federal Court decision in Commissioner of Taxation v. Noza Holdings Pty Ltd [2012] FCAFC 43. The Addendum amends TD 2009/21 to state the Commissioner’s view of the law both before and after its date of issue.

NOTICE OF ADDENDUM

Ruling Number

Subject

Brief Description

TD 2009/21

Income tax: to obtain a deduction under section 25-90 of the Income Tax Assessment Act 1997 for a cost in relation to a debt interest does the taxpayer have to actually derive a dividend to which section 23AJ of the Income Tax Assessment Act 1936 applies in the same income year as that in which the cost is incurred?

The Addendum amends TD 2009/21 footnote 3 to reflect the Full Federal Court decision in Commissioner of Taxation v. Noza Holdings Pty Ltd [2012] FCAFC 43.

The Addendum amends TD 2009/21 to state the Commissioner’s view of the law both before and after its date of issue.

Administered by Department of the Treasury