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 |
SMSFD 2014/1 | Self Managed Superannuation Funds: does a payment made as a result of a commutation of an account based pension that is a transition to retirement income stream count towards the minimum and maximum annual payment amounts set out in the SIS Regulations for such a pension? | The Determination sets out the Commissioner’s position on payments made to self managed superannuation funds. The Determination applies from 1 July 2007. |
CR 2014/92 | Income tax: expiry of sub-leases: RQYS Nominees Pty Limited as trustee for the RQYS New Marina Trust | The Ruling sets out the Commissioner’s position for all members of the Royal Queensland Yacht Squadron Limited and associated entities. The Ruling applies from 1 January 2014 to 30 June 2015. |
CR 2014/93 | Income tax: research and development: membership funding for the Australian Coal Association Research Program | The Ruling sets out the Commissioner’s position for R & D entities who are liable for levy contributions and are registered with Innovation Australia, have national deductions and are not a small business. The Ruling applies from 1July 2015 to 30 June 2020. |
NOTICE OF ADDENDUM | ||
Ruling Number | Subject | Brief Description |
PR 2008/11 | Income tax: AIL Almond Grower Project – Swan Hill: 2008 Growers (to 15 June 2008) | The Addendum amends Product Ruling PR 2008/11 to exercise the Commissioner’s discretion under Section 35-55 of the Income Tax Assessment Act 1997 for the financial years ended 30 June 2014 and 30 June 2015, provided certain conditions are met. The Addendum applies on and from 19 November 2014. |
NOTICE OF WITHDRAWALS | ||
Ruling Number | Subject | Brief Description |
GSTA TPP 076 | Goods and services tax: are rebates and other trade incentive payments that are bundled into one total amount, treated for GST purposes, as being a rebate or discount that reduces the consideration for the relevant purchases? | Goods and Services Tax Advice GSTA TPP 076 is withdrawn with effect from 19 November 2014. |
GSTD 2014/1 | Goods and services tax: can you object to a private ruling that the Commissioner makes on the way in which section 105‑65 of Schedule 1 to the Taxation Administration Act 1953 applies or would apply to you? | Goods and Services Tax Determination GSTD 2014/1 is withdrawn with effect from 19 November 2014. |
PGBR 2004/1 | Energy grants: off-road credits for fishing operations | Product Grants and Benefits Ruling PGBR 2004/1 is withdrawn with effect from 19 November 2014. |
PGBR 2005/1 | Energy grants: off-road credits for forestry | Product Grants and Benefits Ruling PGBR 2005/1 is withdrawn with effect from 19 November 2014. |
PGBR 2005/2 | Energy grants: off-road credits for mining operations | Product Grants and Benefits Ruling PGBR 2005/2 is withdrawn with effect from 19 November 2014. |
PGBR 2005/3 | Energy grants: off-road credits for agriculture | Product Grants and Benefits Ruling PGBR 2005/3 is withdrawn with effect from 19 November 2014. |
NOTICE OF ERRATUM | ||
Ruling Number | Subject | Brief Description |
FTR 2012/1 | Fuel tax: fuel tax credits for taxable fuel acquired or manufactured in, or imported into, Australia for use in carrying on an enterprise involving ‘agriculture’ as defined in section 43‑15 of the Fuel Tax Act 2006 | The Erratum corrects Fuel Tax Ruling FTR 2012/1 withdrawal to correct the date of effect. The Erratum applies on and from 1 July 2014. |