Notice of Rulings 17 August 2022 (Cth)

Notice of Rulings 17 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 2022/74 Police & Nurses Limited – PNL Capital Notes This Ruling sets out the income tax consequences for entities who applied for and acquired Floating Rate Capital Notes issued by Police & Nurses Limited. This Ruling applies from 1 July 2021 to 30 June 2027. CR 2022/75 Uniti Group Limited – scheme of arrangement and special dividend This Ruling sets out the income tax consequences for Uniti Group Limited (Uniti) shareholders in relation to the payment of a special dividend by Uniti and the disposal of shares in Uniti to MBC BidCo Pty Ltd on 4 August 2022. This Ruling applies from 1 July 2022 to 30 June 2024. CR 2022/76 Firefinch Limited – demerger of Leo Lithium Limited This Ruling sets out the income tax consequences of the demerger of Leo Lithium Limited by Firefinch Limited, which was implemented on 9 June 2022. This Ruling applies from 1 July 2021 to 30 June 2023.