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 |
PR 2017/4 | Income tax: W.A. Blue Gum Project 2017 | The Ruling sets out the Commissioner’s opinion on the way in which the relevant provision(s) identified apply to the defined class of entities, who take part in the scheme to which this Product Ruling relates. The Ruling applies from 3 May 2017 to 30 June 2017. |
LCG 2017/1 | Superannuation reform: capped defined benefit income streams – pensions or annuities paid from non-commutable, life expectancy or market linked products | The Ruling describes how the Commissioner will apply the amendments made by the Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 to entities that rely on it in good faith. The Ruling applies from the 2017‑18 financial year. |
NOTICE OF WITHDRAWAL | ||
Ruling Number | Subject | Brief Description |
TD 45 | Capital gains: What are the CGT consequences of the acquisition by one of two tenants in common of the interest of the other tenant in common? | Taxation Determination TD 45 is withdrawn with effect from 3 May 2017. |