Federal Register of Legislation
Notice of Rulings 6 November 2024 The Commissioner of Taxation, Rob Heferen, 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 RULING Ruling number Subject Brief description CR 2024/71 Department of Energy, Environment and Climate Action – Victorian Forestry Transition Program This Ruling sets out sets income tax and fringe benefits tax consequences of support payments provided by the Victorian Government and administrated by the Department of Energy, Environment and Climate Action to support employees impacted by the transition away from native timber harvesting under the Victorian Forestry Transition Program. This Ruling applies to employees specified in the Ruling from 1 February 2023 to 30 June 2028.
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