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 |
CR 2017/15 | Income tax: assessability of payments from the Victorian Taxi Reform Hardship Fund | The Ruling sets out the Commissioner’s position for holders who were granted a payment from the Taxi Reform Hardship Fund prescribed by the Victorian Government. The Ruling applies from 19 November 2015 to 1 September 2016. |
CR 2017/16 | Income tax: Multiplex Development and Opportunity Fund – Return of capital | The Ruling sets out the Commissioner’s position for holders of Multiplex Development and Opportunity Fund units. The Ruling applies from 1 July 2016 to 30 June 2017. |
CR 2017/17 | Income tax: ‘Department for Education and Child Development Early Retirement Scheme 2017’ | The Ruling sets out the Commissioner’s position for employees of the Department for Education and Child Development Early Retirement Scheme 2017. The Ruling applies from 16 March 2017 to 31 January 2018. |
CR 2017/18 | Fringe benefits tax: employer clients of McMillan Shakespeare Limited and its subsidiaries who participate in the fly‑in fly‑out travel program | The Ruling sets out the Commissioner’s position for employers who provide fly‑in fly‑out travel to employees of McMillan Shakespeare Limited and its subsidiaries. The Ruling applies from 1 April 2016. |
LCG 2016/8 | Superannuation reform: transfer balance cap and transition-to-retirement reforms: transitional CGT relief for superannuation funds | The Guideline describes how the Commissioner will apply the CGT relief reforms in Schedule 1, Part 3 of the Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 to entities that rely on it in good faith. The Ruling applies to financial years commencing on or after 1 July 2017. |
LCG 2016/9 | Superannuation reform: transfer balance cap | The Guideline describes how the Commissioner will apply the amendments made by the Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 (the Act) to entities that rely on it in good faith. The Ruling applies to financial years commencing on or after 1 July 2017. |
NOTICE OF WITHDRAWAL | ||
Ruling Number | Subject | Brief Description |
TR 2004/15 | Income tax: residence of companies not incorporated in Australia - carrying on business in Australia and central management and control | Withdrawn with effect from 15 March 2017. |