Document ID: chunk:federal_register_of_legislation:F2024N00150:body:0:p1
Version: federal_register_of_legislation:F2024N00150
Segment Type: other
Provision Reference: 
Character Range: 0–3873

Notice of Rulings 21 February 2024
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
TR 2024/2          Income tax:  when does a corporate limited partnership 'credit' an amount to a partner in that partnership?  This Ruling sets out the Commissioner's view on when a corporate limited partnership 'credits' an amount to one of its partners within the meaning of section 94M of the Income Tax Assessment Act 1936.
                                                                                                                                The Ruling applies to years of income commencing both before and after the date of issue.
TR 2024/3          Income tax:  deductibility of self-education expenses incurred by an individual                              This Ruling sets out the principles on the deductibility of self-education expenses under section 8-1 of the Income Tax Assessment Act 1997.
                                                                                                                                The Ruling applies to arrangements both before and after its date of issue.
CR 2024/9          InvoCare Limited – employee share scheme – shares disposed of under a scheme of arrangment                   This Ruling sets out the income tax consequences for employees of InvoCare Limited who participated in the Employee Share Purchase Plan to acquire ordinary shares in InvoCare Limited which were disposed of for cash consideration pursuant to a scheme of arrangement on 24 November 2023.
                                                                                                                                The Ruling applies from 1 July 2023 to 30 June 2024.
CR 2024/10         InvoCare Limited – scheme of arrangement and special dividend                                                This Ruling sets out the income tax consequences of the special dividend paid and the scheme of arrangement under which Etermal Aus BidCo Pty Ltd acquired all the issued capital of InvoCare Limited which was not already held by funds managed or advised by TPG Capital Asia.
                                                                                                                                The Ruling applies from 1 July 2023 to 30 June 2024.
CR 2024/11         Incitec Pivot Limited – reduction of share capital                                                           This Ruling sets out the income tax consequences for holders of ordinary shares in Incitec Pivot Limited who received a reduction of share capital of $0.1557 per share paid on 8 February 2024.
                                                                                                                                The Ruling applies from 1 July 2023 to 30 June 2024.
CR 2024/12         A2B Australia Limited – special dividend                                                                     This Ruling sets out the income tax consequences for holders of ordinary shares in A2B Australia Limited who received a special dividend of $0.60 per share paid by A2B Australia Limited on 30 January 2024.
                                                                                                                                The Ruling applies from 1 July 2023 to 30 June 2024.
PR 2024/1          FTC Automator platform – use by clients of KPMG and Geotab Australia to calculate fuel tax credits           This Ruling sets out the fuel tax credit consequences for fuel tax credit clients of