Private ruling: Management Investment Trust
Date of advice: 22 October 2015
Published: October 2015

Ruling: Q1: Is Entity A covered by subsection 12-402(3) of Schedule 1 to the Taxation Administration Act 1953 (TAA 1953)? | A1: Yes

Relevant facts and circumstances: Entity A is a non-resident entity planning on acquiring an interest in Australian asset.

Relevant legislative provisions: Taxation Administration Act 1953 subsection 12-402(3) of Schedule 1

Reasons for decision: Summary: As Entity A has met all the relevant requirements of subsection 12-402(3) of Schedule 1 to the TAA 1953, the Commissioner considers that Entity A is an entity that is covered by subsection 12-402(3) of Schedule 1 to the TAA 1953.