Private ruling: Application of Division 250 of the Income Tax Assessment Act 1997 (ITAA 1997) to the lease of certain electricity distribution assets
Date of advice: 11 April 2018
Published: July 2018

Ruling: The Commissioner issued a private ruling confirming that Division 250 of the Income Tax Assessment Act 1997 will not apply to the entity’s arrangement on the basis that all of the requirements of section 250-15 of the ITAA 1997 will not be satisfied.