Private ruling: Changes in ownership of shares
Published: January 2015

Ruling: The Commissioner issued a Private Binding Ruling in relation to certain changes in ownership of shares. The Commissioner considered certain provisions contained in Divisions 110, 116, 204 and 725 of the Income Tax Assessment Act 1997 , as well as in sections 45A, 45B and the general anti-avoidance provisions contained in Part IVA of the Income Tax Assessment Act 1936 .