NOTICE OF RULINGS

Ruling Number

Subject

Brief Description

CR 2017/14

Income tax:  will the transaction item for a gift in a bank or credit card statement meet the requirements of a receipt under section 30‑228 of the Income Tax Assessment Act 1997?

The Ruling sets out the Commissioner’s position for residents of Australia who donate to an endorsed deductible gift recipient using Donation Point Tap.

The Ruling applies from 1 July 2016 to 30 June 2021.

LCG 2016/11

Superannuation reform:  concessional contributions – defined benefit interests and constitutionally protected funds

The Guideline describes how the Commissioner will apply the amendments in Schedule 2, Part 1 of the Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 to entities that rely on it in good faith.

The Ruling applies to financial years commencing on or after 1 July 2017.