Private ruling: Shares
Date of advice: 12 April 2019
Published: May 2019

Ruling: The Commissioner made a private ruling confirming that a company whose shares are listed for quotation in the official list of an approved stock exchange satisfied subsection 149-60(1) of the Income Tax Assessment Act 1997 in respect of a test day that was a day on which there was abnormal trading in shares in the company (paragraph 149-55(2)(b) of the Income Tax Assessment Act 1997 ).