Private ruling: Commissioner's Discretion for Non Commercial Loss
Date of advice: 7 October 2016
Published: December 2016

Ruling: Q1: Will the Commissioner exercise the discretion in paragraph 35-55(1)(a) of the Income Tax Assessment Act 1997 (ITAA 1997) to allow you to claim losses from your business activity in the 2014-15 income year? | A1: No




Date of advice: 7 October 2016: In order to protect the privacy and commercial in-confidence components of the private binding ruling the following Question and Answer is provided.