Private ruling: Present entitlement
Date of advice: 17 December 2021
Published: March 2022

Ruling: The Commissioner was asked whether the Residuary Beneficiaries or the Trustee would be assessed on 100% of the deceased estate's income and capital gains for the relevant income years. | The Commissioner has ruled on the questions based on the view expressed in Taxation Ruling IT 2622 Income tax: present entitlement during the stages of administration of deceased estates .