Private ruling: Private Ruling - Treatment of derivative contracts on consolidation
Published: March 2013

Ruling: A1: The Commissioner has ruled on each of the specific questions.




Subject: Private Ruling - Treatment of derivative contracts on consolidation: In order to protect the privacy and commercial in-confidence components of this private binding ruling the following summary is provided: | Issue: This ruling concerned the taxation treatment of certain derivative contracts held by an entity when it joined a tax consolidated group.