Private ruling: Same business test
Date of advice: 25 May 2018
Published: August 2018
Ruling period: Years ended 31 December 2018 to 31 December 2022
Date scheme commenced: 1 January 2018

Ruling: Q1: Will a company satisfy the same business test in section 165-13 of the Income Tax Assessment Act 1997 if it enters into a contract to provide certain services and senior executives of the company make certain employment arrangements? | A1: Yes



Reasons for decision: Summary: Having regard to the facts and circumstances of the company’s business and the contract to provide certain services and the nature of the proposed employment arrangements, the company will satisfy the same business test in section 165-13.