The Commissioner of Taxation, Chris Jordan, gives notice of the following Rulings, copies of which can be obtained from ato.gov.au/law.
NOTICE OF RULINGS | ||
Ruling number | Subject | Brief description |
CR 2019/50 | Helpten Pro Vehicle Telematics Solution – use for fringe benefits tax car logbook and odometer records | This Ruling sets out the Commissioner’s position on when the Helpten Pro Vehicle Telematics Solution can be utilised to reduce the operating costs in both a logbook and non-logbook year of tax for the purposes of calculating the fringe benefits tax taxable value of a car fringe benefit using the cost basis method. The Ruling applies from 31 July 2019 to 31 March 2022. |
CR 2019/51 | DuluxGroup Limited – scheme of arrangement and payment of interim and special dividends | This Ruling sets out the Commissioner’s position on the tax consequences for shareholders of DuluxGroup Limited who sold their shares under the scheme of arrangement announced on 17 April 2019. The Ruling applies from 30 June 2019 to 30 June 2020. |
PR 2019/5 | Income tax: taxation consequences of investing in the Westpac Protected Equity Loan | This Ruling sets out the Commissioner’s position on the income tax consequences for a defined class of entities which invest in the Westpac Protected Equity Loan offered by Westpac Banking Corporation under the Product Disclosure Statement dated 22 July 2013. This Ruling applies only to the specified class of entities that enter into the scheme from 1 July 2019 until 30 June 2022. |
NOTICE OF ERRATUM | ||
Ruling Number | Subject | Brief description |
TR 2019/1 | Income tax: when does a company carry on a business? | The Erratum updates Taxation Ruling TR 2019/1 to correct the citation of Commissioner of Taxation v Radnor Pty Ltd [1991] FCA 499. |
NOTICE OF WITHDRAWAL | ||
Ruling number | Subject | Brief description |
GSTR 2000/31 | Goods and services tax: supplies connected with Australia | GSTR 2000/31 is withdrawn with effect from 4 September 2019. |