Private ruling: Capital raising
Date of advice: 6 October 2017
Published: March 2018

Ruling: The Edited Version has been prepared in the following form in order to protect the privacy of this taxpayer and the commercial in-confidence components of this particular arrangement. | The Commissioner issued a ruling on a proposed capital raising transaction covering the following provisions: | ● subsection 45C(3) of the Income Tax Assessment Act 1936 (ITAA 1936) | ● section 177EA of the ITAA 1936 | ● section 6-5 of the Income Tax Assessment Act 1997 (ITAA 1997) | ● section 104-35 of the ITAA 1997 | ● section 197-5 of the ITAA 1997 | ● section 202-30 of the ITAA 1997 | ● section 202-40 of the ITAA 1997 | ● section 204-15 of the ITAA 1997 | ● section 204-30 of the ITAA 1997 | ● paragraph 230-40(4)(e) of the ITAA 1997 | ● subsection 230-50(1) of the ITAA 1997 | ● subsection 230-440(1) of the ITAA 1997 | ● section 245-10 of the ITAA 1997, and | ● subsection 995-1(1) of the ITAA 1997.