Private ruling: CGT - pre-CGT assets
Date of advice: 28 October 2022
Published: 9 January 2023

Ruling: The Commissioner made a private ruling confirming that the CGT assets acquired by a company from a unit trust are pre-CGT assets of the company on the basis that they have previously met the requirements of section 149-10 of the Income Tax Assessment Act 1997 (ITAA 1997) and the roll-over under Subdivision 122-A of the ITAA 1997 is chosen by the trustee of the unit trust in respect of the disposal of those assets.