Notice of Rulings, Notice of Addendum

NOTICE OF RULINGS

Ruling Number

Subject

Brief Description

CR 2015/79

Income tax:  SKILLED Group Limited Scheme of Arrangement and payment of Final Dividend and Special Dividend

The Ruling sets out the Commissioner’s position for the holders of ordinary shares in SKILLED Group Limited.

The Ruling applies from 1 July 2015 to 30 June 2016.

CR 2015/80

Fringe benefits tax:  use of an E‑stralian electric bicycle (e‑bike) by an employee

The Ruling sets out the Commissioner’s position for employers who provide the use of an E‑stralian electric bicycle (e‑bike) to an employee.

The Ruling applies from 1 April 2015 to 31 March 2020.

NOTICE OF ADDENDUM

Ruling Number

Subject

Brief Description

MT 2012/3

Administrative penalties:  voluntary disclosures

The Addendum amends Miscellaneous Taxation Ruling MT 2012/3 to provide further clarification and guidance, including:

1. whether Annual Compliance Arrangements and Advance Pricing Arrangements are ‘examinations of an entity’s affairs’;
2. whether an entity will be taken to have been told that an audit is to be conducted where there is a delay between a risk review being finalised and notification of an audit; and
3. to provide another example of when the Commissioner will generally exercise the discretion in subsection 284-225(5) of Schedule 1 to the Taxation Administration Act 1953.

The Addendum applies on and from 14 October 2015.