24 December 2024

Legislative instrument

F2024L01729

Income Tax Assessment (Build to Rent Developments) Determination 2024

19 December 2024

Practice statements

PS LA 2011/5 – Update	Recovery of administrative overpayments
PS LA 2011/30 – Update	Remission of administrative penalties relating to schemes imposed by subsection 284-145(1) of Schedule 1 to the Taxation Administration Act 1953
PS LA 2013/5 – Update	Collection of consolidated group liabilities
PS LA 2013/6 – Update	Collection from goods and services tax (GST) groups, GST joint ventures and other entities of debts arising from indirect tax laws

Legislative instrument

F2024L01713

Taxation Administration (Country by Country Reporting Jurisdictions) Determination 2024

Guidance – update

Guide to independent data testing by third-party advisers

interpretation NOW!

Episode 115

18 December 2024

Synthesised texts of the MLI and Australia's tax treaties

Mexico

Synthesised text of the MLI and the Agreement between the Government of Australia and the Government of the United Mexican States for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income

12 December 2024

Practice statements

PS LA 2024/1 – New	Suspected fraud involving unconnected third parties
PS LA 2012/1 – Update	Engaging Tax Counsel Network on tax technical issues
PS LA 2011/20 – Update	Payment and credit allocation
PS LA 2008/11 – Withdrawn	Suspected fraud by a third party or tax practitioner

11 December 2024

Rulings

CR 2024/76	APM Human Services International Limited - scrip for scrip roll-over
CR 2024/77	Toyota Motor Corporation Australia Limited - Toyota Halo system in conjunction with the Data Communication Module hardware for car logbook and odometer records
CR 2024/78	Vertical Telecoms Pty Limited - buy-back of employee shares acquired with a limited recourse loan
PR 2024/20	ING Bank (Australia) Limited - Orange Everyday Round Up to Charity

Determinations

TD 2024/D3

Income tax: Division 7A - does section 109U of the Income Tax Assessment Act 1936 only apply to arrangements where a private company gives a guarantee to another private company?

Draft amendments

TR 2004/18DC

Income tax: capital gains: application of CGT event K6 (about pre-CGT shares and pre-CGT trust interests) in section 104-230 of the Income Tax Assessment Act 1997

Notices

TR 2023/4A1 - Addendum

Income tax: pay as you go withholding - who is an employee?

Taxpayer alerts

TA 2024/2

Arrangements to circumvent Division 7A of the Income Tax Assessment Act 1936 through the guaranteeing by private companies of third-party loans

Decision impact statements

S170/2023

Automotive Invest Pty Limited v Commissioner of Taxation [2024] HCA 36

Practical compliance guidelines

PCG 2017/2 - Update

Simplified transfer pricing record-keeping options

10 December 2024

Taxpayer alerts

TA 2024/1

Early stage investor tax offset claimed using circular financing arrangements

5 December 2024

Practice statements

PS LA 2011/11 – Update	Refunds of certain pay as you go withholding amounts
PS LA 2011/22 – Update	Commissioner's discretion to retain a refund
PS LA 2012/6 – Withdrawn	Exercise of Commissioner's discretion to retain a refund

4 December 2024

Rulings

TR 2024/D3	Income tax: aspects of the third party debt test in Subdivision 820-EAB of the Income Tax Assessment Act 1997
MT 2024/1	Miscellaneous tax: time limits for claiming an input tax or fuel tax credit

Determinations

GSTD 2024/2

Goods and services tax: is the supply of a burial right in respect of a public cemetery subject to GST?

Notices

CR 2013/25A2 - Addendum	Goods and services tax: the GST treatment of fees and charges imposed by NSW councils in relation to cemeteries, facilities, leases, legal services, libraries and sales
PR 2023/19A1 - Addendum	Fringe benefits tax consequences for employers under an Origin electric vehicle subscription agreement

Decision impact statements

2022/7426

Came and Commissioner of Taxation [2023] AATA 3951

Practical compliance guidelines

PCG 2024/D3 - Update	Restructures and the thin capitalisation and debt deduction creation rules - ATO compliance approach
PCG 2024/D4	Capital raised for the purpose of funding franked distributions - ATO compliance approach

3 December 2024

interpretation NOW!

Episode 114

28 November 2024

Practice statements

PS LA 2007/2 (GA) – Update	GST joint venture operators in the mining and petroleum industries accounting for the GST on taxable supplies that generate non-product sales income
PS LA 2006/19 – Update	Self-managed superannuation funds – issuing a notice of non-compliance
PS LA 2009/4 – Update	Decisions made by the Commissioner in the general administration of the taxation laws

Legislative instrument

LI 2024/D9

Draft Taxation Administration (Reporting Exemptions for Electronic Distribution Platform Operators) Determination 2025

27 November 2024

Rulings

CR 2024/73	Aristocrat Leisure Limited - Non-Executive Director Rights Plan
CR 2024/74	Smartgroup Corporation Ltd - Smartgroup Logbook Solution for car logbook records and odometer records
CR 2024/75	Southern Cross Payments Ltd - return of capital by in specie distribution of shares in ISX Financial EU Plc

Determinations

TD 2024/9

Income tax: factors taken into account in applying paragraphs 99B(2)(a) and (b) of the Income Tax Assessment Act 1936

Draft amendments

LCR 2021/2DC	Non-arm's length income - expenditure incurred under a non-arm's length arrangement
TR 2010/1DC2	Income tax: superannuation contributions

Notices

TR 2010/1DCW - Withdrawal

Income tax: superannuation contributions

Practical compliance guidelines

PCG 2024/3

Section 99B of the Income Tax Assessment Act 1936 - ATO compliance approach

26 November 2024

Legislative instrument

F2024L01498

Excise (Concessional Spirits – Class of Persons) Determination 2024

22 November 2024

Fringe benefits tax - a guide for employers

Chapter 3 – How fringe benefits tax works (updated)

21 November 2024

Practice statements

PS LA 2009/5 - Update	Provision of advice and guidance by the Australian Taxation Office in relation to the application of the Superannuation Industry (Supervision) Act 1993 and the Superannuation Industry (Supervision) Regulations 1994 to self-managed superannuation funds
PS LA 2017/1 - Update	Petroleum resource rent tax: amendment period for transfers of exploration expenditure

20 November 2024

Rulings

CR 2024/72

Transport for New South Wales - free Opal card scheme

Determinations

TD 2024/8

Income tax: value of goods taken from stock for private use for the 2024-25 income year

Notices

CR 2024/57ER1 - Erratum	Macquarie Group Limited - Macquarie Capital Notes 7
GSTR 2002/2A11 - Addendum	Goods and services tax: GST treatment of financial supplies and related supplies and acquisitions
GSTR 2014/2A1 - Addendum	Goods and services tax: treatment of ATM service fees, credit card surcharges and debit card surcharges
MT 2012/2A3 - Addendum	Miscellaneous taxes: application of the income tax and GST laws to deferred transfer farm-out arrangements
TD 2019/2W - Withdrawal	Income tax: value of goods taken from stock for private use for the 2018-19 income year

14 November 2024

Practice statements

PS LA 2012/1 (GA) - Update	How to calculate input tax credits and bad debt adjustments when a dividend is paid to creditors
PS LA 1999/2 - Update	Calculating joint car expense deductions
PS LA 2005/20 - Update	Signature requirements for approved virtual forms, lodged electronically or given by phone
PS LA 2009/8 - Update	The Commissioner's determination under paragraph 71(1)(e) of the Superannuation Industry (Supervision) Act 1993 that an asset is not an in-house asset of a self-managed superannuation fund
PS LA 2011/2 - Update	Administering penalties for failing to electronically notify or pay goods and services tax or pay as you go liabilities
PS LA 2011/8 - Update	The registration of entities

13 November 2024

Rulings

PR 2024/19

National Rural Independents Ltd - Prepayment Program

Notices

TR 92/2A1 - Addendum

Income tax: scientific research - the application of section 73A