• Legal database
Legal database

Class Ruling

CR 2005/2W

Income tax: Warrnambool Cheese and Butter Factory Holdings Company LTD - Heritage Participation Shares

  • Please note that the PDF version is the authorised version of this withdrawal notice.
    This document incorporates revisions made since original publication. View its history and amending notices, if applicable.

FOI status:

may be released

Preamble

The number, subject heading, What this Class Ruling is about (including Tax law(s), Class of persons and Qualifications sections), Date of effect, Withdrawal, Arrangement and Ruling parts of this document are a 'public ruling' in terms of Part IVAAA of the Taxation Administration Act 1953. CR 2001/1 explains Class Rulings and Taxation Rulings TR 92/1 and TR 97/16 together explain when a Ruling is a 'public ruling' and how it is binding on the Commissioner.

Withdrawal

1. This Class Ruling is withdrawn and ceases to have effect after 30 June 2005. The Ruling continues to apply, in respect of the tax laws ruled upon, to all persons within the specified arrangement during the term of the Ruling. Thus the Ruling continues to apply to those persons, even following its withdrawal, for arrangements entered into prior to the withdrawal of the Ruling. This is subject to there being no change in the arrangement or the persons' involvement in the arrangement.

Commissioner of Taxation
19 January 2005

Not previously issued as a draft

References

ATO references:
NO 2004/17813

ISSN: 1445-2014

Related Rulings/Determinations:

CR 2001/1
TR 92/1
TR 92/20
TR 97/16

Subject References:
capital gains tax
cost base
employee share scheme
non cash business benefits
ordinary income

Legislative References:
ITAA 1936 21A
ITAA 1936 21A(1)
ITAA 1936 21A(2)
ITAA 1936 21A(2)(b)
ITAA 1936 21A(5)
ITAA 1936 26(e)
ITAA 1936 Pt III Div 13A
ITAA 1936 139C
ITAA 1936 139C(1)
ITAA 1936 139C(2)
ITAA 1997 6-5
ITAA 1997 10-5
ITAA 1997 104-10
ITAA 1997 104-25
ITAA 1997 Div 109
ITAA 1997 109-10
ITAA 1997 110-25
ITAA 1997 110-25(1)
ITAA 1997 110-25(2)
ITAA 1997 112-20
ITAA 1997 112-20(1)
ITAA 1997 112-20(3)
ITAA 1997 118-20
ITAA 1997 Subdiv 130-A
ITAA 1997 974-75(1)
Copyright Act 1968
TAA 1953 Pt IVAAA
Wool Realisation (Distribution of Profits) Act 1948

Case References:
FC of T v. Cooke and Sherden
(1980) 29 ALR 202
80 ATC 4140
(1980) 10 ATR 696


FC of T v. Cooling
90 ATC 4472
21 ATR 13

FC of T v. Myer Emporium Ltd
87 ATC 4363
18 ATR 693

FC of T v. Squatting Investment Co Ltd
(1954) 10 ATD 361
(1954) 88 CLR 413

Revesby Credit Union Co-operative Ltd v. FC of T
(1965) 112 CLR 564

Richie v. Trustees Executors & Agency Co Ltd
(1951) 84 CLR 553

Tennant v. Smith
(1892) 3 TC 158
[1892] AC 150

CR 2005/2W history
  Date: Version: Change:
  1 July 2003 Original ruling  
You are here 1 July 2005 Withdrawn  

Back to top