The ATO on Wed 15.10.2014, released the following Class Rulings:

  • CR 2014/85: Macquarie Atlas Roads International Limited Return of Capital;
  • CR 2014/86: Macquarie Bank Limited – Macquarie Bank Capital Notes; and
  • CR 2014/87: Challenger Limited: Challenger Capital Notes.

The ATO has also issued an Addendum to GST Determination GSTD 2013/1 (When a payment for a supply fails, is a failed payment fee charged by the supplier consideration for a supply?).

In addition, with effect from Wed 15.10.2014, the ATO withdrew GST Advice GSTA TPP 032 (Can a tax invoice show an amount representing combined GST and wine equalisation tax (together sometimes called WEG) instead of the amount of GST?).

[LTN 199, 15/10/14]