ATO documents

TD 2018/1: Fringe benefits tax: for the purposes of section 28 of the Fringe Benefits Tax Assessment Act 1986 what are the indexation factors for valuing non-remote housing for the fringe benefits tax year commencing on 1 April 2018?

TD 2018/2: Fringe benefits tax: what is the benchmark interest rate to be used for the fringe benefits tax year commencing on 1 April 2018?

TD 2018/3: Fringe benefits tax: reasonable amounts under section 31G of the Fringe Benefits Tax Assessment Act 1986 for food and drink expenses incurred by employees receiving a living-away-from-home allowance fringe benefit for the fringe benefits tax year commencing on 1 April 2018

TD 2018/4: 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 year commencing on 1 April 2018?

TD 2018/5: Fringe benefits tax: for the purposes of section 135C of the Fringe Benefits Tax Assessment Act 1986 , what is the exemption threshold for the fringe benefits tax year commencing on 1 April 2018?

CR 2018/14: Income tax: scrip for scrip scheme of arrangement: CFC Global Pty Ltd

CR 2018/15: Income tax: Downer EDI Limited 2015, 2016 and 2017 Long Term Incentive Plans

PR 2018/4: Income tax: taxation consequences of changing the portfolio structure, contributing to and partially redeeming an investment in a unit in the Perpetual WealthFocus Investment Advantage Fund

Practical Compliance Guideline

PCG 2017/2: Simplified Transfer Pricing Record Keeping Options

Legislative Determinations

ETP 2018/1: Income Tax Employment Termination Payments (12 month rule) Determination 2018 Registered

SPR 2018/1: Taxation Administration Member Account Attribute Service - the Reporting of Information relating to Superannuation Account Phases and Attributes 2018

Withdrawn Interpretative Decisions

ATO ID 2002/347: Income tax: embezzlement/fraud/defalcation by partner

ATO ID 2002/400: Deduction - Business takings misappropriated by spouse

ATO ID 2003/1029: Deduction : losses from misappropriation of money by an investment broker

Notices of Withdrawal - Class Ruling

CR 2014/16: Income tax: Downer EDI Limited Long Term Incentive Plan

Notices of Withdrawal - Goods and Services Tax Rulings

GSTB 2000/1: Special credit for sales tax paid on stock

Progress of legislation

As at 6.4.18

Description The Bill makes amendments to the Multinational Anti-Avoidance Law, the Small Business CGT Concessions, and Fintech and Venture Capital.
Status Introduced into House of Reps 28.3.18.
Description The Bill gives the force of law in Australia to the OECD Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI).
Status Introduced into House of Reps 28.3.18.
Status Introduced into House of Reps 28.3.18.
Description Makes various amendments to the Consolidation regime.
Status Received Assent 28.3.18. Act No.14 of 2018.
Description Implements new rules for foreign residents owning Australian housing, technical amendments to streamline the foreign investment framework and introduces tax incentives to boost investment in affordable housing.
Status Introduced into Senate 19.3.2018.
Description Establishes the foundation for the Government's new Fintech framework. Makes a number of technical amendments to the Early Stage Venture Capital Limited Partnership, Venture Capital Limited Partnership and Tax Incentives for Early Stage Investor regimes.
Status Introduced into House of Reps 8.2.18.
Description Makes several regulatory amendments, repeals inoperative provisions, extends tax relief for merging superannuation funds, and amends the GST laws relating to property.
Status Received Assent 29.3.18. Act No.23 of 2018.
Description Introduces various measures aimed at curbing participation in the "Black economy".
Status Introduced into House of Reps 7.2.18.
Description Replaces the former Exploration Development Incentive with the Junior Mineral Exploration Tax Credit.
Status Received Assent 28.3.18. Act No.15 of 2018.
Description Clarifies that certain corporate tax entities will not qualify for the lower corporate tax rate if, broadly, more than 80 per cent of their assessable income is income of a passive nature.
Status Introduced into Senate 12.2.18.
Description Fund the NDIS by amending the Medicare Levy Act 1986 to increase the Medicare levy rate from 2 to 2.5% of taxable income for the 2019-20 income year and later income years.
Status Introduced into Senate 13.11.17.
Description Extends the reduction of the corporate tax rate to 25 per cent by 2026/27 to businesses with turnover of more than $50 million.
Status Introduced into Senate 12.2.18.
Description Similar business test; Effective life assessment on intellectual property.
Status Introduced into Senate 22.6.17.
Description Superannuation reform package.
Status Introduced into Senate 23.11.16.