Private ruling: Trust restructures
Date of advice: 25 August 2020
Published: October 2020

Ruling: The Edited Version has been prepared in the following form in order to protect the privacy of the taxpayers and the commercial in-confidence components of this particular arrangement. | The Commissioner issued a ruling on multiple trust restructures covering the following provisions: | · Subdivision 124-N of the Income Tax Assessment Act 1997 ; and | · Part IVA of the Income Tax Assessment Act 1936.