On Wed 30.3.2016, the ATO issued the following Class Rulings and Product Ruling:
- Class Ruling CR 2016/18: FBT: employer clients of Community CPS Australia Limited trading as Beyond Bank Australia who are subject to the provisions of either s 57A or s 65J of the FBTAA and make use of the Salary Packaging Card facility;
- Class Ruling CR 2016/19: Liquidation – Great Southern Plantation and Gunns Plantations Limited Woodlot Schemes;
- Class Ruling CR 2016/20: Commonwealth Bank of Australia – CommBank PERLS VIII Capital Notes; and
- Product Ruling PR 2016/2: Tax consequences of investing in ANZ Cobalt.
An Addendum to Class Ruling CR 2013/14 (GST: goods and services supplied by dentists) was also released to update the list of goods and services referred to in the Class Ruling.
[LTN 59, 30/3/16]