Greenwoods & Freehills Weekly Tax Highlights 9.12.11

ATO documents

Draft Taxation Ruling
TR 2011/D6: Income tax: deductibility under subsection 295-465(1) of the Income Tax Assessment Act 1997 of premiums paid by a complying superannuation fund for an insurance policy providing Total and Permanent Disability cover in respect of its members  
TR 2011/D5: Income tax: school or college building funds

Class Rulings
CR 2011/104: Income tax: demerger of BQF unit trust by Pelorus Private Equity Limited 
CR 2011/105: Fringe benefits tax: Pinpoint Pty Ltd employee benefit program: laptop computers
CR 2011/106: Income tax: DEXUS Property Group - Capital Reallocation

Product Rulings
PR 2011/20: Income tax: Cool Climate Apricot Project 2006 - 2006 Growers
PR 2011/21: Income tax: tax consequences of investing in Commonwealth Bank Vantage+ (Deferred Purchase Agreements)
PR 2011/22: Income tax: Cool Climate Apricot Project - 2008 Growers
PR 2011/23: Income tax: Cool Climate Apricot Project 2006 - Late Growers
PR 2011/24: Income tax: Cool Climate Apricot Project - 2007 Growers

Notice of Withdrawal
TR 2010/D9: Income tax: deductibility under subsection 295-465(1) of the Income Tax Assessment Act 1997 of premiums paid by a complying superannuation fund for an insurance policy providing Total and Permanent Disability cover in respect of its members
IT 2446: Income tax: foreign tax credit system: allowable deductions referrable to foreign income

Addenda
TR 2006/7: Income tax: special income derived by a complying superannuation fund, a complying approved deposit fund or a pooled superannuation trust in relation to the year of income
TR 1998/9: Income tax: deductibility of self-education expenses 7 December 2011
GSTR 2000/19: Goods and services tax: making adjustments under Division 19 for adjustment events 7 December 2011
GSTR 2000/1: Goods and services tax: adjustment notes 7 December 2011
GSTR 2001/2: Goods and Services Tax: foreign exchange conversions 
FTD 2006/2: Fuel tax: what records are required to be kept by taxpayers to substantiate a claim for a fuel tax credit?

Errata
TR 2011/6: Income tax: business related capital expenditure - section 40-880 of the Income Tax Assessment Act 1997 core issues
CR 2011/1: Income tax: early retirement scheme - Queensland Government Department of Education and Training

Decision Impact Statements 
DIS: Jooheon Park v Commissioner of Taxation 
DIS: Kaley v Commissioner of Taxation
DIS: On Call Interpreters v Translators Agency Pty Ltd v Commissioner of Taxation 
DIS: Lodewijk Helbers v Commissioner of Taxation 
DIS: Reglon Pty Ltd v Commissioner of Taxation

Interpretative Decisions
ATO ID 2011/99: Small business entity: roll-over relief - disposal of assets of partnership to former partners