Notice of Rulings 27 September 2023 (Cth)

Notice of Rulings 27 September 2023 The Acting Commissioner of Taxation, Jacqui Curtis, 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 2023/52 Horizon Minerals Limited – distribution of shares in Richmond Vanadium Technology Limited This Ruling sets out the income tax consequences for ordinary shareholders of Horizon Minerals Limited who received shares in Richmond Vanadium Technology Limited from Horizon on 5 December 2022. This Ruling applies from 1 July 2022 to 30 June 2023. TR 2023/3 Income tax: expenses associated with holding vacant land This Ruling explains the Commissioner's view of the application of and some of the exclusions of section 26-102 of the Income Tax Assessment Act 1997. This Ruling will be effective from 1 July 2019.

NOTICE OF ADDENDA Ruling number Subject Brief description PR 2022/7 Bell Equity Lever – instalment receiptss This Addendum amends Product Ruling PR 2022/7 to incorporate a new Product Disclosure Statement. This Addendum applies before and after its date of issue. TR 2022/4 Income tax: section 100A reimbursement agreements This Addendum amends Taxation Ruling TR 2022/4 to reflect the recent Full Federal Court decisions in Commissioner of Taxation v Guardian AIT Pty Ltd ATF Australian Investment Trust [2023] FCAFC 3 and B&F Investments Pty Ltd ATF the Iluka Park Trust v Commissioner of Taxation [2023] FCAFC 89. This Addendum applies before and after its date of issue.