Notice of Rulings 10 November 2021 (Cth)

Notice of Rulings 10 November 2021 The Commissioner of Taxation, Chris Jordan, gives notice by notifiable instrument under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 of the following public rulings, copies of which can be obtained from ato.gov.au/law

NOTICE OF RULINGS Ruling number Subject Brief description CR 2021/73 Environment Protection Authority Victoria – early retirement scheme 2021–2022 This Ruling sets out the tax consequences of an early retirement scheme implemented by the Environment Protection Authority Victoria. This Ruling applies from 11 November 2021 to 30 October 2022. TD 2021/8 Income tax: value of goods taken from stock for private use for the 2021–22 income year This Determination provides amounts the Commissioner will accept as estimates of the value of goods taken from trading stock for private use for the 2021–22 income year. This Determination applies from 1 July 2021 to 30 June 2022.

NOTICE OF WITHDRAWALS Ruling number Subject Brief description TD 2014/2 Income tax: value of goods taken from stock for private use for the 2013–14 income year TD 2014/2 is withdrawn with effect from 11 November 2021. TD 2015/9 Income tax: value of goods taken from stock for private use for the 2014–15 income year TD 2015/9 is withdrawn with effect from 11 November 2021. TD 2016/9 Income tax: value of goods taken from stock for private use for the 2015–16 income year TD 2016/9 is withdrawn with effect from 11 November 2021.