Private ruling: Early Stage Innovation Company (ESIC)
Date of advice: 6 March 2018
Published: June 2018
Ruling period: Year ending 30 June 2017
Date scheme commenced: 1 June 2017

Ruling: Q1: Does the company meet the criteria of an Early Stage Innovation Company (ESIC) under subsection 360-40(1) of the Income Tax Assessment Act 1997 (ITAA 1997)? | A1: No.


Relevant legislative provisions: Income Tax Assessment Act 1997 Subdivision 360-A | Income Tax Assessment Act 1997 section 360-40 | Income Tax Assessment Act 1997 section 360-45