Private ruling: Non-commercial losses - special circumstances
Date of advice: 12 February 2026
Published: 30 March 2026

Ruling: Q1: Will the Commissioner exercise the discretion in paragraph 35-55(1)(a) of the Income Tax Assessment Act 1997 to allow you to include any losses from your primary production business activity in your calculation of taxable income for the 20XX and 20XX financial years? | A1: No.