Concession for homes and first homes—in specie distributions of residential land
A public ruling, when issued, is the published view of the Commissioner of State Revenue (the Commissioner) on the particular topic to which it relates. It therefore replaces and overrides any existing private rulings, memoranda, manuals and advice provided by the Commissioner in respect of the issue(s) it addresses.
Where a change in legislation or case law (the law) affects the content of a public ruling, the change in the law overrides the public ruling—that is, the Commissioner will determine the tax liability or eligibility for a concession, grant or exemption, as the case may be, in accordance with the law.
What this ruling is about
- The purpose of this ruling is to withdraw Public Ruling DA085.3.1.
- The Commissioner commenced publishing practice directions on 8 April 2024. Public Ruling DA085.3.1 is to be replaced by Practice Direction DA085.2.1—Concession for homes and first homes—in specie distributions of residential land.
- Public Ruling DA085.3.1 is to be withdrawn.
Ruling and explanation
- Public Ruling DA085.3.1 is no longer in effect.
Date of effect
- This public ruling takes effect from the date of issue.
Simon McKee
Commissioner of State Revenue
Date of issue: 30 April 2025
References
| Public Ruling | Issued | Dates of effect | |
|---|---|---|---|
| From | To | ||
| DA085.3.2 | 30 April 2025 | 30 April 2025 | Current |
| DA085.3.1 | 13 March 2018 | 13 March 2018 | 29 April 2025 |