Private ruling: Subvention payments, Commissions and Establishment fees
Date of advice: 7 September 2015
Published: September 2015

Ruling: Q5: Is Payment C 'financial benefit' A Co has a right to recevie under X pursuant to subsection 230-60(2) of the ITAA 1997? The Commissioner has ruled on the above questions.




Question 1: Does X satisfy the definition of a 'financial arrangement' under section 230-45 of the Income Tax Assessment Act 1997 (ITAA 1997)? | Question 2: Does the exception in subsection 230-460(2) of the ITAA 1997 apply in respect of X? | Question 3: Is Payment A a 'financial benefit' A Co has a right to receive under X pursuant to subsection 230-60(2) of the ITAA 1997? | Question 4: Is Payment B a 'financial benefit' A Co has an obligation to provide under X pursuant to subsection 230-60(1) of the ITAA 1997?