Private ruling: Tax losses
Date of advice: 9 August 2022
Published: November 2022

Ruling: In order to protect the privacy of this taxpayer and the commercial in-confidence components of this Transaction, the Edited Version is prepared in the following form. | The ruling relates to a transaction that the taxpayer entered into and concerns the following provisions of the income tax legislation: | Section 310-5 of the Income Tax Assessment Act 1997 (ITAA 1997) | Section 310-10 of the ITAA 1997 | Subsection 310-10(1) of the ITAA 1997 | Paragraph 310-10(1)(a) of the ITAA 1997 | Subsection 310-10(2) of the ITAA 1997 | Subsection 310-10(3) of the ITAA 1997 | Paragraph 310-10(4)(a) of the ITAA 1997 | Subsection 310-10(5) of the ITAA 1997 | Paragraph 310-25(a) of the ITAA 1997 | Section 310-30 of the ITAA 1997 | Subsection 310-30(1) of the ITAA 1997 | Section 310-45 of the ITAA 1997 | Subsection 310-45(1) of the ITAA 1997 | Paragraph 310-45(1)(a) of the ITAA 1997 | Paragraph 310-45(2)(a) of the ITAA 1997 | Subsection 310-45(3) of the ITAA 1997 | Paragraph 310-45(4)(a) of the ITAA 1997 | Paragraph 310-55(1)(a) of the ITAA 1997 | Paragraph 310-55(1)(b) of the ITAA 1997 | Subsection 310-55(3) of the ITAA 1997 | Section 310-60 of the ITAA 1997 | Paragraph 310-60(2)(a) of the ITAA 1997 | Paragraph 310-60(2)(b) of the ITAA 1997 | Subsection 310-65(1) of the ITAA 1997 | Subsection 310-70(1) of the ITAA 1997 | Subsection 310-85(1) of the ITAA 1997 | Subsection 310-85(2) of the ITAA 1997 | Subsection 995-1(1) of the ITAA 1997 | Part IVA of the Income Tax Assessment Act 1936 (ITAA 1936) | Subsection 177A(1) of the ITAA 1936 | Subsection 177C(1) of the ITAA 1936 | Subsection 177C(2) of the ITAA 1936