Private ruling: Section 8-1 of the Income Tax Assessment Act 1997, subsection 128AC(5) of the Income Tax Assessment Act 1936 and section 12-280 of Schedule 1 to the Tax Administration Act 1953 .
Date of advice: 9 December 2021
Published: March 2022

Ruling: The Commissioner made a private ruling on the application of these provisions to a lease of substantial equipment.