Advice under development: Arrangements that may reduce your economic exposure to a subset of your shares or interest in shares and impact on your franking credit tax offsets
Issue: Positions in relation to shares or interest in shares
Category: Income tax
Type of advice: Draft Practical Compliance Guideline
Status: Under development
Expected completion: To be advised
Purpose: This draft Guideline will set out our proposed compliance approach in allocating resources to consider the application of Division 1A of former Part IIIAA of the Income Tax Assessment Act 1936 to arrangements where taxpayers have used financial derivative instruments to reduce the economic exposure to their Australian shares.
Comments: This draft Guideline is no longer being developed. This entry will be moved to the 2026 completed issues page in September 2026.