Notice of Rulings 15 March 2023 (Cth)

Notice of Rulings 15 March 2023 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 2023/11 Logbook Me Pty Ltd – In-Car Logbook Solution for reporting of road tolls This Ruling sets out the fringe benefits tax consequences for employers who use the Toll Reporting Module within the Logbook Me Pty Ltd logbook solution to report and reconcile toll expenses incurred by their employees. This Ruling applies from 1 April 2022 to 31 March 2028. CR 2023/12 Warwick Credit Union Limited – Capital Notes This Ruling sets out the income tax consequences for specified entities who applied for the issue of and acquired capital notes issued by Warwick Credit Union Limited on 15 December 2022. This Ruling applies from 1 July 2022 to 30 June 2028. PR 2023/2 Zurich Life Insurance (Hong Kong) Limited – Matterhorn life insurance policy This Ruling sets out the tax consequences for individuals who purchase a life insurance policy from Zurich Life Insurance (Hong Kong) Limited, under the Matterhorn Product Brochure, on or after 1 October 2022 and on or before 30 June 2025. This Ruling applies from 1 October 2022.