Private ruling: Capital Raising
Date of advice: 29 September 2017
Published: February 2018

Ruling: This edited version has been prepared in the following form in order to protect the privacy of the taxpayer and the commercial in-confidence nature of this particular arrangement. | The Commissioner issued a ruling on a capital raising transaction covering the following provisions: | ● section 202-40 of the Income Tax Assessment Act 1997 (ITAA 1997), | ● section 202-45 of the ITAA 1997, | ● section 204-30 of the ITAA 1997, | ● Division 974 of the ITAA 1997, and | ● section 177EA of the Income Tax Assessment Act 1936.