The ATO on Wed 15.1.2014, issued the following Class Rulings:

  • CR 2014/4: Clough Limited Scheme of Arrangement and Special Dividend. It applies from 1 July 2013 to 30 June 2014. The Ruling broadly states that the special dividend is a dividend for the purposes of s 6(1) of the ITAA 1936.
  • CR 2014/5: Format of mobile phone invoice as evidence for donations to United Nations Children’s Fund via SMS. It applies from 1 February 2014 to 30 June 2019. The Ruling states that the Commissioner accepts that the mobile phone invoice satisfies the gift receipt requirements under s 30-228 provided certain criteria are satisfied.

[LTN 9, 15/1/14]