Notice of Rulings, Notice of Addendum

NOTICE OF RULINGS

Ruling Number

Subject

Brief Description

GSTD 2014/2

Goods and services tax:  where real property is acquired following the exercise of a call option, does the call option fee form part of the consideration for the acquisition for the purposes of subsection 75-10(2) of the A New Tax System (Goods and Services Tax) Act 1999?

The Determination sets out the Commissioner’s opinion on call option fees.

The Determination applies both before and after its date of issue.

CR 2014/15

Income tax:  format of mobile phone invoice as evidence for donations to Vision Australia Ltd via SMS

The Ruling sets out the Commissioner’s opinion for mobile phone subscribers who:

• are residents of Australia within the meaning of subsection 6(1) of the Income Tax Assessment Act 1936;
• make a tax deductible gift to Vision Australia Ltd by way of SMS to a designated mobile phone number operated by a Mobile Phone Carrier (MPC);
• receive a mobile phone invoice with the relevant details of the donation from the MPC; and
• use the mobile phone invoice as evidence to claim the donation as an allowable deduction under Division 30 of the Income Tax Assessment Act 1997.

The Ruling applies from 1 February 2014 until 30 June 2019.

NOTICE OF ADDENDUM

Ruling Number

Subject

Brief Description