The ATO on Wed 17.9.2014, issued the following Class Rulings:
- CR 2014/72: Tax treatment of transfer payment to employees of Sydney Trains; and
- CR 2014/73: FBT: employer clients of Toyota Finance Australia Limited who provide car fringe benefits under novated lease arrangements incorporating the payment of insurance premiums.
The ATO has issued Product Ruling PR 2014/17 (Tax consequences of investing in CDIs over interests in the SPDR® S&P 500® ETF Trust).
It has also issued an Addendum to Product Ruling PR 2013/16 (Deductibility of interest in relation to investment in units in the Macquarie Flexi 100 Trust issued on or before 30 June 2016).
[LTN 165, 27/8/14]