Notice of Rulings 6 December 2023 (Cth)

Notice of Rulings 6 December 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 2023/67 Two10degrees Pty Ltd – use of Global Alerting Platform In-Vehicle Management System for fuel tax credits This Ruling sets out when the Off-Road Distance Travelled and PTO Time Report generated by the Global Alerting Platform In‑Vehicle Management System can be used as a record for record-keeping purposes for fuel tax credit purposes. The Ruling applies to clients specified in the Ruling for taxable fuel acquired from 1 July 2023 to 31 December 2024. CR 2023/68 Thorn Group Limited – return of capital This Ruling sets out the income tax consequences for shareholders of the Thorn Group Limited who received the return of share capital of $0.26 per share on 13 September 2023. The Ruling applies to the shareholders specified in the Ruling from 1 July 2023 to 30 June 2024. TR 2023/4 Income tax: pay as you go withholding – who is an employee? This Ruling explains when an individual is an 'employee' of an entity for the purposes of section 12-35 of Schedule 1 to the Taxation Administration Act 1953. The Ruling applies both before and after its date of issue.