Date of advice: 26 June 2017
Published: October 2017
Ruling period: 1 July 2016 to 30 June 2017


Relevant facts and circumstances: Company A is an Australian tax resident. Company A proposes to undertake an off-market share buy-back. The buy-back price will be wholly debited to Company A’s share capital account.


Reasons for decision: Summary: The Commissioner has issued a private ruling in relation to the off-market share buy-back.