ATO Documents

Class Ruling

CR 2021/30 Navman Wireless Australia Pty Limited - use of FTC Manager for fuel tax credits

Product Ruling

PR 2021/2 Fuel tax: Navman Wireless Australia Pty Limited and FTC Manager - FTC Self Claim level clients

Practice Statement Law Administration

PSLA 2020/1 Commissioner's discretion to allow further time for an entity to hold an ABN or provide notice to the Commissioner of assessable income or supplies

Decision Impact Statement

QUD 11/2021 Commissioner of Taxation v Apted

Class Ruling – Addendum

CR 2015/19A1 Addendum Income tax: grants provided by the Australian Sports Commission under dAIS

Other news

ATO releases its guidance on tax governance for Top 500 private groups

The ATO has released practical guidance on how it will assess the tax governance of the Top 500 privately-owned groups, where it will use its self-developed seven principles to assess the quality of tax governance.  

Progress of Legislation

Parliament will resume sitting on 11 May 2021 for the 2021-22 Federal Budget. For our Budget Insights refer to our Budget 2021 Hub

Bill

Treasury Laws Amendment (2021 Measures No. 2) Bill 2021

Description

Amends Australia's Offshore Banking Unit (OBU) regime to remove OBU's concessional tax treatment, remove the interest withholding tax exemption and close the regime to new entrants. The Bill also amends Income Tax Assessment Act 1997 to require a fund, authority or institution to, as a precondition for DGR endorsement, be a registered charity, an Australian government agency or operated by a registered charity or an Australian government agency.

Status

Introduced in the House of Reps 17.03.21

Bill

Treasury Laws Amendment (2020 Measures No. 4) Bill 2020

Description

Amends the Income Tax Assessment Act 1997 to make refunds of large-scale generation shortfall charges non-assessable non-exempt income.

Status

Introduced in the House of Reps on 28.10.20

Bill

Treasury Laws Amendment (More Flexible Superannuation) Bill 2020

Description

Implements the 2019-20 Budget measure to bring forward age limit to 65 and 66 for non-concessional super contributions.

Status Introduced in the Senate 31.08.20