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 2017/1 | Income tax: deductions for mining and petroleum exploration expenditure | The Ruling sets out the Commissioner’s position on deductions under section 8‑1 and subsection 40‑730(1) of the Income Tax Assessment Act 1997 for expenditure on mining and petroleum exploration, including prospecting, as defined in subsection 40‑730(4). The Ruling applies to years of income commencing both before and after its date of issue. |
CR 2017/10 | Income tax: Thinksmart Limited – delisting from ASX and shares converted into Depositary Interests | The Ruling sets out the Commissioner’s position for the shareholders of Thinksmart Limited. The Ruling applies from 1 July 2016 to 30 June 2020. |
NOTICE OF WITHDRAWALS | ||
PR 2007/99 | Income tax: Gunns Plantations Woodlot Project 2008 – Planting Option 3 | Withdrawn with effect from 22 February 2017. |
PR 2008/67 | Income tax: Gunns Plantations Woodlot Project 2009 – Option 2 | Withdrawn with effect from 22 February 2017. |