Notice of Ruling 17 March 2021
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 ruling, a copy of which can be obtained from ato.gov.au/law
CR 2021/22
Commonwealth Bank of Australia – CommBank PERLS XII Capital Notes
This Ruling sets out how the relevant taxation provisions apply to entities who subscribed for and acquired CommBank PERLS XII Capital Notes issued by the Commonwealth Bank of Australia.
This Ruling applies from 1 July 2019 to 30 June 2029.