Notice of Rulings and Withdrawal of Ruling 14 December 2022 (Cth)

Notice of Rulings and Withdrawal of Ruling 14 December 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, and under subsection 358-20(10) of Schedule 1 to the Taxation Administration Act 1953 of the withdrawal of the following public ruling, copies of which can be obtained from ato.gov.au/law

NOTICE OF RULINGS Ruling number Subject Brief description CR 2022/111 Horizon Oil Limited – return of capital and dividend This Ruling sets out the income tax consequences for shareholders of Horizon Oil Limited who received a dividend and return of capital payment on 20 October 2022. This Ruling applies from 1 July 2022 to 30 June 2023. CR 2022/112 BNK Banking Corporation Limited – special dividend and return of capital This Ruling sets out the income tax consequences for BNK Banking Corporation Limited shareholders who received a special dividend on 26 July 2022 and a return of capital payment on 21 November 2022. This Ruling applies from 1 July 2022 to 30 June 2023. PR 2022/10 Swiss Life (Singapore) Pte. Ltd. Life Asset Portfolio Universal Asia This Ruling sets out the Commissioner's opinion on the tax consequences of the purchase and holding of Life Asset Portfolio Universal Asia life insurance issued by Swiss Life (Singapore) Pte. Ltd. This Ruling applies to the defined class of entities that enter into the scheme from 1 July 2022 to 30 June 2025. PR 2022/11 Allianz Guaranteed Income for Life This Ruling sets out the income tax consequences for entities who enter into the Allianz Guaranteed Income for Life scheme offered by Allianz Australia Life Insurance Limited. This Ruling applies from 14 December 2022 to 30 June 2025.