Notice of Rulings 3 August 2022 (Cth)

Notice of Rulings 3 August 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 2022/69 Macquarie Group Limited – Macquarie Capital Notes 6 This Ruling sets out the income tax consequences for entities who subscribed for and acquired Macquarie Capital Notes 6 issued by Macquarie Group Limited. This Ruling applies from 1 July 2022 to 30 June 2033. CR 2022/70 Pambula & District Community Development Limited – off-market share buy-back This Ruling sets out the income tax consequences for shareholders of Pambula & District Community Development Limited who participated in the off market share buy-back. This Ruling applies from 1 July 2021 to 30 June 2022. CR 2022/71 Westpac Banking Corporation – Westpac Capital Notes 9 This Ruling sets out the income tax consequences for entities who subscribed for and acquired Westpac Capital Notes 9 issued by Westpac Banking Corporation. This Ruling applies from 1 July 2022 to 30 June 2031.

NOTICE OF ERRATUM Ruling number Subject Brief description TD 2022/7 Income tax: aggregated turnover – application of the 'connected with' concept to partnerships, foreign hybrids and non-entity joint ventures This Notice corrects typographical errors in TD 2022/7. This Erratum applies from 30 March 2022.