Private ruling: Capital raising
Date of advice: 2 March 2023
Published: 24 April 2023

Ruling: The Edited Version has been prepared in the following form in order to protect the privacy of this taxpayer and the commercial in-confidence components of this particular arrangement. | The Commissioner issued a ruling on a proposed capital raising transaction covering the following provisions:


Relevant legislative provisions: Income Tax Assessment Act 1936 subsection 45C(3) | Income Tax Assessment Act 1936 section 177EA | Income Tax Assessment Act 1997 section 6-5 | Income Tax Assessment Act 1997 section 104-35 | Income Tax Assessment Act 1997 Division 197 | Income Tax Assessment Act 1997 section 202-40 | Income Tax Assessment Act 1997 section 204-15 | Income Tax Assessment Act 1997 section 204-30 | Income Tax Assessment Act 1997 paragraph 230-40(4)(e) | Income Tax Assessment Act 1997 subsection 230-50(1) | Income Tax Assessment Act 1997 subsection 230-440(1) | Income Tax Assessment Act 1997 section 245-10 | Income Tax Assessment Act 1997 subsection 995-1(1).