Business Services Industry
[1324] Assessable income; return of capital.
Australasian Business Intelligence, July, 2007
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Byline: Lisa Mak
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Jul 16, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office (ATO) issued two class rulings on 4 July 2007. These two rulings are: CR 2007/62 "Income tax: assessable income: employees of Inco Australia Management Pty Ltd working in New Caledonia on the Goro Nickel Project process plant" and CR 2007/63 "Income tax: Babcock & Brown Communities Limited (previously Primelife Corporation Limited) - proposed return of capital to ...
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