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 |
TR 2018/2 | Income tax: record keeping and access – electronic records | The Ruling sets out the Commissioner’s view on record keeping in electronic form for the purposes of section 262A of the Income Tax Assessment Act 1936. The Ruling applies to years of income commencing both before and after 14 February 2018. |
CR 2018/10 | Income tax: Beerenberg Early Retirement Scheme 2018 | The Ruling sets out the Commissioner’s position on employees of Beerenberg Pty Ltd who receive a payment under the Beerenberg Early Retirement Scheme 2018. The Ruling applies from 14 February 2018 to 30 June 2018 and continues to apply after 30 June 2018 to all entities within the specified class who entered into the specified scheme during the term of the Ruling. |
PR 2018/1 | Income tax: tax consequences of investing in the HSBC UCITS Common Contractual Fund | The Ruling sets out the Commissioner’s position on tax consequences of investing in the HSBC UCITS Common Contractual Fund. 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. |
PR 2018/2 | Income tax: taxation consequences of investing in Macquarie Equity Lever Instalment Receipts | The Ruling sets out the Commissioner’s position on taxation consequences of investing in Macquarie Equity Lever Instalment Receipts. The Ruling applies prospectively from 29 September 2017 and applies only to the specified class of entities that enter into the scheme from 29 September 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. |
PR 2018/3 | Income tax: tax consequences of investing in equities using the Macquarie Geared Equities Investment plus (2018 Product Brochure) | The Ruling sets out the Commissioner’s position on tax consequences of investing in equities using the Macquarie Geared Equities Investment plus (2018 Product Brochure). The Ruling applies prospectively from 13 February 2018 and applies only to the specified class of entities that enter into the scheme from 13 February 2018 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 |
CR 2017/75 | Income tax: Special Dividend, rebalancing of stapled security structure: 360 Capital Group Limited | The Addendum amends Class Ruling CR 2017/75 to reflect amendments to the Constitution of 360 Capital Group Limited and revised Dividend declaration and payment dates. The Addendum applies on and from 1 July 2017. |
NOTICE OF WITHDRAWALS | ||
Ruling Number | Subject | Brief Description |
PR 2016/7 | Income tax: tax consequences of investing in equities using the Macquarie Geared Equities Investment plus (2013 Product Brochure) | Withdrawn with effect from 14 February 2018. |
TD 2002/16 | Income tax: what are the obligations under the Income Tax Assessment Act 1936 where a business chooses to keep some of its records as encrypted information? | Withdrawn with effect from 14 February 2018. |
TR 2005/9 | Income tax: record keeping – electronic records | Withdrawn with effect from 14 February 2018. |