Private ruling: Division 6C of Part III of the Income Tax Assessment Act 1936 (ITAA 1936)
Published: December 2014

Ruling: Q1: Will the events comprising the Scheme cause the Trust to be a public trading trust for the purpose of Division 6C of Part III of the ITAA 1936? | A1: No.




Subject: Division 6C of Part III of the Income Tax Assessment Act 1936 (ITAA 1936): The Commissioner issued a ruling on the application of Division 6C of Part III of the ITAA 1936 to a Scheme.