Income tax and fringe benefits tax: lump sum payments under the ANZ New Career Training Fund and the Past Employee Care Fund

CR 2010/10 addresses the income tax and fringe benefits tax consequences for retrenched resident Australian former employees who have been granted and received lump sum payments from either the Australian and New Zealand Banking Group Limited (ANZBGL) New Career Training Fund, or the ANZBGL Past Employee Care Fund.

CR 2010/10 will no longer apply to the class of entities as defined in the class ruling on or after 1 October 2019.