Private ruling: Proposed financing arrangement
Published: August 2014

Ruling: Q1: This ruling concerned whether an arrangement entered into by the taxpayer would constitute a financial arrangement for the taxpayer under section 230-45 of the Income Tax Assessment Act 1997 . | A1: The Commissioner has ruled on the specific question. | Q2: This ruling concerned whether the overall loss from the financial arrangement identified in question 1 is sufficiently certain at the time the taxpayer starts to have the arrangement? | A2: The Commissioner has ruled on the specific question.




Subject: Proposed financing arrangement: In order to protect the privacy and commercial in-confidence components of this private binding ruling the following summary is provided: