Private ruling: Assets roll-over
Date of advice: 29 November 2021
Published: February 2022


Relevant facts and circumstances: The taxpayer applied for a private ruling on the application of section 104-10, section 104-55, section 104-60 and subdivision 310-C, 310-E of the ITAA 1997. A ruling was issued in respect of the relevant provisions.

Relevant legislative provisions: Income Tax Assessment Act 1997 section 104-10 | Income Tax Assessment Act 1997 section 104-55 | Income Tax Assessment Act 1997 section 104-60 | Income Tax Assessment Act 1997 subsection 115-30(1) | Income Tax Assessment Act 1997 subparagraph 310-35(1)(b)(ii), | Income Tax Assessment Act 1997 paragraph 310-35(2)(d), | Income Tax Assessment Act 1997 subsection 310-40(1) | Income Tax Assessment Act 1997 paragraph 310-40(2)(d) | Income Tax Assessment Act 1997 subsection 310-60(4), | Income Tax Assessment Act 1997 subsection 310-60(5) | Income Tax Assessment Act 1997 subsection 310-70(2) | Income Tax Assessment Act 1997 subsections 310-55(2) | Income Tax Assessment Act 1997 subsection 310-55(3) | Income Tax Assessment Act 1997 subsection 310-65(2)