The Australian Taxation Office (ATO) has announced that it is consulting on a new Draft Taxation Ruling TR 2024/D1 Income tax: royalties - character of payments in respect of software and intellectual property rights. --- Software royalties – new draft tax ruling Read about the updated Commissioner's view on software royalties and how to provide feedback. Published 16 January 2024 In response to feedback on our previous draft Ruling, we've released a new draft Ruling TR 2024/D1 Income tax: royalties – character of payments in respect of software and intellectual property rights. The new draft Ruling is now open for...