Private ruling: Income tax exemption
Date of advice: 30 May 2019
Published: July 2019
Ruling period: Year ended 30 June 20XX | Year ended 30 June 20XX | Year ended 30 June 20XX | Year ended 30 June 20XX | Year ended 30 June 20XX | Year ended 30 June 20XX | Year ended 30 June 20XX | Year ended 30 June 20XX | Year ended 30 June 20XX | Year ended 30 June 20XX
Date scheme commenced: 1 July 20XX

Ruling: Q1: Is the entity a State/Territory Body (STB) exempt from income tax pursuant to section 24M of the Income Tax Assessment Act 1936 (ITAA 1936)? | A1: Yes

Relevant facts and circumstances: You have previously received a private ruling, authorisation number XXXXXXXXXXXXX on this arrangement. The relevant facts remain the same.

Relevant legislative provisions: Income Tax Assessment Act 1936 , section 24AK | Income Tax Assessment Act 1936 , section 24AM | Income Tax Assessment Act 1936 , section 24AN | Income Tax Assessment Act 1936 , section 24AQ | Income Tax Assessment Act 1936 , section 24AT | Income Tax Assessment Act 1936 , section 24AU

Reasons for decision: Summary: The relevant facts, the law and the Commissioner's view have not changed since the issue of private ruling authorisation number XXXXXXXXXXXXX. Therefore the reasons for decision are the same as those contained in private ruling authorisation number XXXXXXXXXXXXX.