Private ruling: Capital raising
Date of advice: 16 November 2021
Published: February 2022

Ruling: The Edited Version has been prepared in the following form in order to protect the privacy of this taxpayer and the commercial in-confidence components of this particular arrangement. | The Commissioner issued a ruling on a proposed capital raising transaction covering the following provisions: | • paragraph 177EA(5)(a) of the Income Tax Assessment Act 1936 | • section 6-5 of the Income Tax Assessment Act 1997 (ITAA 1997) | • section 26-26 of the ITAA 1997 | • section 197-5 of the ITAA 1997, and | • subsection 995-1(1) of the ITAA 1997.