Class Rulings on FBT, Capital Reallocation and Return of Capital – Addendum to Tax Ruling on Retirement Villiages [38]

The ATO on Wed 26.11.2014, released the following Class Rulings:

• CR 2014/94: FBT: employers of employees who take out a health insurance policy under a Health Link Consultants Employee Health Plan;
• CR 2014/95: Lend Lease Corporation Limited Capital Reallocation; and
• CR 2014/96: Multiplex Development and Opportunity Fund – Return of capital.

The ATO also issued an Addendum to Taxation Ruling TR 2002/14 (Taxation of retirement village operators).

[LTN 229, 26/11/14]