Private ruling: Foreign resident - Capital gains tax - Division 855
Published: September 2019

Ruling: Q1: Will section 855-10 apply to disregard any capital gain or capital loss on the disposal of shares by you in Aus Co? | A1: Yes. | Q2: Will any gain on disposal of the shares by you in Aus Co be assessable under subsection 6-5(3)? | A2: No.




Subject: Foreign resident - Capital gains tax - Division 855: Legislative references in this Ruling are to provisions of the Income Tax Assessment Act 1997 (ITAA 1997) unless otherwise indicated.