Private ruling: Tax treatment of gains on certain forward contracts under the Taxation of Financial Arrangements
Published: November 2014
Ruling period: A number of income years
Date scheme commenced: During the 2014 income year

Ruling: In order to protect the privacy of this taxpayer and the commercial in-confidence components of this arrangement, the Edited Version of this private ruling is prepared in the following form. | This ruling concerns the tax treatment of gains in respect of this particular taxpayer's certain forward contracts under TOFA hedging rules in Subdivision 230-E of the ITAA 1997.


Relevant legislative provisions: Income Tax Assessment Act 1997 Section 230-45 | Income Tax Assessment Act 1997 Section 230-310 | Income Tax Assessment Act 1997 Section 230-315 | Income Tax Assessment Act 1997 Section 230-325 | Income Tax Assessment Act 1997 Section 230-330 | Income Tax Assessment Act 1997 Section 230-335 | Income Tax Assessment Act 1997 Section 230-355 | Income Tax Assessment Act 1997 Section 230-360 | Income Tax Assessment Act 1997 Section 230-365