COMMISSIONER OF TAXATION
The Acting Commissioner of Taxation, Neil Olesen, 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 |
CR 2016/50 | Income tax: AMP Capital Community Infrastructure Fund – capital reallocation | The Ruling sets out the Commissioner’s position for unit holders of the AMP Capital Community Infrastructure Trading Trust and the AMP Capital Community Infrastructure Holding Trust. The Ruling applies from 1 July 2015 to 30 June 2016. |
CR 2016/51 | Income tax: Return of Capital and Scheme of Arrangement – Unity Mining Limited | The Ruling sets out the Commissioner’s position for holders of ordinary shares in Unity Mining Limited, excluding Diversified Minerals Pty Ltd and any associate that is a Unity shareholder. The Ruling applies from 1 July 2015 to 30 June 2016. |
LCG 2016/2 | Small Business Restructure Roll over: consequences of a roll over | The Guideline describes how the Commissioner will apply the law as amended by the Tax Laws Amendment (Small Business Restructure Roll over) Act 2016 to entities that rely on the Guideline in good faith. The Ruling applies from 1 July 2016. |
LCG 2016/3 | Small Business Restructure Roll over: genuine restructure of an ongoing business and related matters | The Guideline describes how the Commissioner will apply the law as amended by the Tax Laws Amendment (Small Business Restructure Roll over) Act 2016 to entities that rely on the Guideline in good faith. The Ruling applies from 1 July 2016 |
NOTICE OF ADDENDUM | ||
Ruling Number | Subject | Brief Description |
TR 2011/6 | Income tax: business related capital expenditure - section 40-880 of the Income Tax Assessment Act 1997 core issues | The Addendum amends Taxation Ruling TR 2011/6 by inserting an additional example to illustrate the application of subsection 40-880(6) of the Income Tax Assessment Act 1997. The Addendum applies to arrangements begun to be carried out from 1 July 2005. |
NOTICE OF ERRATUM | ||
Ruling Number | Subject | Brief Description |
CR 2016/49 | Income tax: demerger of Graphex Mining Limited by Indiana Resources Limited (formerly IMX Resources Limited) | The Erratum corrects Class Ruling CR 2016/49 to correct the title of the Ruling and other issues. The Erratum applies on and from 6 July 2016. |