- [202513] Deceased estates: 'double death'
- [202511] Review of the tax treatment of digital assets and transactions in Australia
- [202507] Agent authorisation process for individuals and sole traders
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Registered |
June 2025 |
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Expected completion of consultation |
September 2025 |
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Consultation status |
Targeted consultation is underway. |
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Consultation purpose |
To seek feedback on the proposed draft taxation determination (TD) setting out the Commissioner of Taxation’s view on the application of the capital gains tax (CGT) rollover in Division 128 of the Income Tax Assessment Act 1997 when there is a chain of deaths, prior to the publication of the draft for public consultation. |
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Description |
The ATO is seeking industry feedback on a proposed draft TD. The TD will confirm how the rollover in Division 128 of the Income Tax Assessment Act 1997 applies when a beneficiary of a deceased estate dies before a CGT asset of the deceased estate passes to them. This is referred to as the ’double death’ scenario. We will also seek feedback on common ‘double death’ examples. Feedback from consultation will ensure the new TD effectively supports the individual market to determine CGT outcomes in a double death situation. |
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Who we are consulting |
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Consultation lead |
Danijela Jablanovic, Individuals and Intermediaries |
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Registered |
March 2025 |
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Expected completion of consultation |
October 2025 |
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Consultation status |
Targeted consultation is underway. |
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Consultation purpose |
To seek input on an agent authorisation process to strengthen the protection of individual and sole trader information. |
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Description |
The ATO has delivered an agent nomination process through the client-to-agent linking project to entities with an Australian business number (excluding sole traders). The next stage of the project is focused on an authorisation process for individuals and sole traders to control who has access to their information through ATO online services. Consultation includes discussions with a variety of representatives including agents, professional associations, industry representatives, individuals and sole traders. This will assist us to make informed decisions on delivering this fraud control to the individual's market. |
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Who we are consulting |
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Consultation lead |
Ziva White, Individuals and Intermediaries |