Private ruling: Whether a company is a private or public company under section 103A of the
Published: August 2014
Ruling period: Income year ended 30 June 2014
Date scheme commenced: 1 July 2013

Ruling: Q1: Is Company X Limited a public company for the purposes of subsection 103A(2) of the Income Tax Assessment Act 1936 for the year ended 30 June 2014? | A1: No. | Q2: If the answer to question 1 is no, would the Commissioner exercise his discretion under subsection 103A(5) of the Income Tax Assessment Act 1936 to deem Company X to be a public company for the year ended 30 June 2014? | A2: Yes.