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.
NOTICES OF RULING | ||
Ruling Number | Subject | Brief Description |
CR 2016/24 | Income tax: Essential Energy Transformation Early Retirement Scheme | The Ruling sets out the Commissioners position for employees of Essential Energy identified within the Ruling who receive a payment under the scheme described in the Ruling. The Ruling applies from 4 May 2016 to 31 December 2017. |
CR 2016/25 | Income tax: Colorpak Limited – Scheme of Arrangement and payment of Interim and Special Dividends | The Ruling sets out the Commissioners position for shareholders of Colorpak Limited identified within the Ruling who receive a payment under the scheme described in the Ruling. The Ruling applies from 1 July 2015 to 30 June 2016. |
TR 2004/6 | Income tax: substantiation exception for reasonable travel and overtime meal allowance expenses | This Ruling considers the tax consequences for individuals who incur work-related deductions for travel expenses or overtime meal expenses where these expenses are covered by an allowance paid by the person’s employer. This Ruling applies to the 2004‑05 income year and subsequent income years. |
NOTICES OF WITHDRAWAL | ||
Ruling Number | Subject | Brief Description |
TD 98/6 | Fringe benefits tax: what is the benchmark interest rate to be used for the fringe benefits tax (FBT) year commencing on 1 April 1998? | TD 98/6 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 98/7 | Fringe benefits tax: for the purposes of Division 7 of the Fringe Benefits Tax Assessment Act 1986 (FBTAA), what amount represents a reasonable food component of a living‑away‑from‑home allowance for expatriate employees for the fringe benefits tax year commencing on 1 April 1998? | TD 98/7 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 98/8 | Fringe benefits tax: for the purposes of section 39A of the Fringe Benefits Tax Assessment Act 1986 (FBTAA) what is the car parking threshold for the fringe benefits tax (FBT) year commencing on 1 April 1998? | TD 98/8 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 98/9 | Fringe benefits tax: what are the indexation factors for valuing non‑remote housing and remote area housing for the fringe benefits tax (FBT) year commencing on 1 April 1998? | TD 98/9 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 98/10 | Fringe benefits tax: what are the rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the fringe benefits tax (FBT) year commencing on 1 April 1998? | TD 98/10 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 98/12 | Income tax: what are the thresholds and limits for superannuation amounts in 1998‑99? | TD 98/12 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 98/13 | Income tax: capital gains: what is the improvement threshold for the 1998‑99 income year under section 108‑85 of the Income Tax Assessment Act 1997? | TD 98/13 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 98/17 | Income tax: value of goods taken from stock for private use | TD 98/17 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 98/21 | Income tax: what is the benchmark interest rate applicable for the year of income commencing on 1 July 1998 for the purposes of Division 7A of Part III of the Income Tax Assessment Act 1936 (‘the Act’)? | TD 98/21 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/2 | Fringe benefits tax: what is the benchmark interest rate to be used for the fringe benefits tax (FBT) year commencing on 1 April 1999? | TD 1999/2 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/3 | Fringe benefits tax: for the purposes of Division 7 of the Fringe Benefits Tax Assessment Act 1986 (FBTAA), what amount represents a reasonable food component of a living‑away‑from‑home allowance for expatriate employees for the fringe benefits tax year commencing on 1 April 1999? | TD 1999/3 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/4 | Fringe benefits tax: what are the indexation factors for valuing non‑remote housing and remote area housing for the fringe benefits tax (FBT) year commencing on 1 April 1999? | TD 1999/4 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/5 | Fringe benefits tax: what are the rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the fringe benefits tax (FBT) year commencing on 1 April 1999? | TD 1999/5 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/27 | Income tax: what are the thresholds and limits for superannuation amounts in 1999‑2000? | TD 1999/27 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/28 | Fringe benefits tax: for the purposes of section 39A of the Fringe Benefits Tax Assessment Act 1986 (FBTAA) what is the car parking threshold for the fringe benefits tax (FBT) year commencing on 1 April 1999? | TD 1999/28 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/29 | Income tax: capital gains: what is the improvement threshold for the 1999‑2000 income year under section 108‑85 of the Income Tax Assessment Act 1997? | TD 1999/29 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/39 | Income tax: what is the benchmark interest rate applicable for the year of income commencing on 1 July 1999 for the purposes of Division 7A of Part III of the Income Tax Assessment Act 1936 (‘the Act’) and how is it used? | TD 1999/39 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/41 | Income tax: value of goods taken from stock for private use | TD 1999/41 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 1999/44 | Fringe benefits tax: what is the exemption threshold for the purposes of subsection 135C(3) of the Fringe Benefits Tax Assessment Act 1986 (FBTAA) for the fringe benefits tax (FBT) year commencing on 1 April 1999? | TD 1999/44 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 2000/19 | Fringe benefits tax: what is the benchmark interest rate to be used for the fringe benefits tax (FBT) year commencing on 1 April 2000? | TD 2000/19 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 2000/20 | Fringe benefits tax: what are the rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the fringe benefits tax (FBT) year commencing on 1 April 2000? | TD 2000/20 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 2000/21 | Fringe benefits tax: for the purposes of Division 7 of the Fringe Benefits Tax Assessment Act 1986 (FBTAA), what amount represents a reasonable food component of a living‑away‑from‑home allowance for expatriate employees for the fringe benefits tax year commencing on 1 April 2000? | TD 2000/21 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 2000/22 | Fringe benefits tax: for the purposes of section 135C of the Fringe Benefits Tax Assessment Act 1986 (FBTAA) what is the exemption threshold for the fringe benefits tax (FBT) year commencing on 1 April 2000? | TD 2000/22 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 2000/23 | Income tax: what are the thresholds and limits for superannuation amounts in 2000‑2001? | TD 2000/23 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 2000/25 | Income tax: capital gains: what is the improvement threshold for the 2000‑2001 income year under section 108‑85 of the Income Tax Assessment Act 1997? | TD 2000/25 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 2000/26 | Fringe benefits tax: for the purposes of section 39A of the Fringe Benefits Tax Assessment Act 1986 (FBTAA) what is the car parking threshold for the fringe benefits tax (FBT) year commencing on 1 April 2000? | TD 2000/26 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 2000/30 | Fringe benefits tax: what are the indexation factors for valuing non‑remote housing for the fringe benefits tax (FBT) year commencing on 1 April 2000? | TD 2000/30 is being withdrawn as its date of effect has ceased. The Determination will continue to be legally binding on the Commissioner for the relevant period to which it relates. The Determination is withdrawn with effect from 4 May 2016. |
TD 2011/26 | Income tax: capital gains tax: if a share in a ‘no goodwill’ incorporated professional practice is disposed of for no consideration, will the Commissioner accept, for the purposes of calculating the market value of the share upon a possible application of subsection 116‑30(1) of the Income Tax Assessment Act 1997 that the goodwill of the company can be taken to have no value? | TD 2011/26 is being withdrawn along with TD 2011/D9 and TD 2011/D10 following consultations with the Professional Firms Working Group, that those Determinations would be withdrawn and replaced by the administrative treatment outlined in Assessing the risk: acquisitions and disposals of interests in certain professional partnerships, trusts and incorporated practices. The Determination is withdrawn with effect from today. |