Class Ruling

CR 2005/72W

Income tax: cancellation of shares in The News Corporation Limited - consequences for shareholders who do not or cannot choose scrip for scrip rollover

  • Please note that the PDF version is the authorised version of this ruling.
    This document has changed over time. View its history.

FOI status:

may be released

Preamble

The number, subject heading, What this Class Ruling is about (including Tax law(s), Class of persons and Qualifications sections), Date of effect, Arrangement and Ruling parts of this document are a 'public ruling' in terms of Part IVAAA of the Taxation Administration Act 1953. CR 2001/1 explains Class Rulings and Taxation Rulings TR 92/1 and TR 97/16 together explain when a Ruling is a 'public ruling' and how it is binding on the Commissioner.

Withdrawal

1. This Ruling is withdrawn and ceases to have effect after 30 June 2005.

Commissioner of Taxation
7 September 2005

Not previously issued as a draft

References

ATO references:
NO 2005/12587

ISSN: 1445-2014

Related Rulings/Determinations:

CR 2001/1
TR 92/1
TR 97/16
CR 2004/106

Subject References:
capital proceeds
cost base
market value
pre-CGT interest
reduced cost base
share cancellation

Legislative References:
ITAA 1936 6(1)
ITAA 1997 104-25(1)(a)
ITAA 1997 104-25(2)
ITAA 1997 110-25
ITAA 1997 110-25(2)
ITAA 1997 110-25(2)(b)
ITAA 1997 110-55
ITAA 1997 110-55(2)
ITAA 1997 116-20
ITAA 1997 116-20(1)
ITAA 1997 116-20(1)(b)
ITAA 1997 Subdiv 124-M
ITAA 1997 124-800
ITAA 1997 124-800(1)
TAA 1953 Pt IVAAA
Copyright Act 1968

CR 2005/72W history
  Date: Version: Change:
  1 July 2004 Original ruling  
You are here 1 July 2005 Withdrawn