Notice of Rulings 23 March 2022 (Cth)

Notice of Rulings 23 March 2022 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 2022/23 Smartgroup Corporation Ltd – use of a travel smartcard for bus travel by employees This Ruling sets out the fringe benefits tax consequences of the private use of a travel smartcard by employees provided by their employers. This Ruling applies from 1 April 2021 to 31 March 2025. CR 2022/24 Aventus Group – exchange of shares in Aventus Holdings Limited for shares in Home Consortium Limited – scrip for scrip roll-over This Ruling sets out the income tax consequences for Australian-resident Aventus Holdings Limited shareholders who exchanged their shares for shares in Home Consortium Limited. This Ruling applies from 1 July 2021 to 30 June 2022. CR 2022/25 Aventus Group – exchange of units in Aventus Retail Property Fund for units in HomeCo Daily Needs Real Estate Investment Trust – scrip for scrip roll‑over This Ruling sets out the income tax consequences for Aventus Retail Property Fund shareholders who exchanged their units for units in HomeCo Daily Needs Real Estate Investment Trust. This Ruling applies from 1 July 2021 to 30 June 2022. CR 2022/26 Victorian Department of Families, Fairness and Housing – early retirement scheme 2022–2023 This Ruling sets out the income tax consequences of an early retirement scheme implemented by the Victorian Department of Families, Fairness and Housing. This Ruling applies from 24 March 2022 to 30 June 2023. CR 2022/27 University of Southern Queensland – early retirement scheme 2022 This Ruling sets out the income tax consequences of an early retirement scheme implemented by the University of Southern Queensland. This Ruling applies from 24 March 2022 to 30 June 2022. CR 2022/28 Perth Airport Pty Ltd – provision of parking to an individual under an arrangement with their employer This Ruling sets out the fringe benefits tax consequences for an employer who provides parking to their employees under an arrangement with Perth Airport Pty Ltd. This Ruling applies from 1 April 2022 to 31 March 2027. PR 2022/2 Tax consequences of investing in C2 Gateway Deferred Purchase Agreement This Ruling sets out the Commissioner's view of the consequences of investing in the investment in C2 Gateway Deferred Purchase Agreement offered by C2 Specialist Investments Pty Ltd. This Ruling applies to the defined class of entities that enter into the scheme from 1 July 2022 to 30 June 2025.