Private ruling: Taxation issues rising from animal breeding activities.
Date of advice: 2 March 2018
Published: June 2018

Ruling: In order to protect the privacy of this taxpayer and the commercial in-confidence components of this transaction, the Edited Version has been prepared in the following form. | The Commissioner issued a ruling that relates to issues rising from animal breeding activities covering the following provisions:


Relevant legislative provisions: ● Section 6(1) of the Income Tax Assessment Act 1936 | ● Subsection 272-80(1) of Schedule 2F of the Income Tax Assessment Act 1936 | ● Section 272-87 of Schedule 2F of the Income Tax Assessment Act 1936 | ● Section 152-35 of the Income Tax Assessment Act 1997 | ● Paragraph 8-1(b) of the Income Tax Assessment Act 1997 | ● Section 6-5 of the Income Tax Assessment Act 1997 | ● Section 995-1 of the Income Tax Assessment Act 1997 | ● Subdivision 328-C of the Income Tax Assessment Act 1997 | ● Subdivision 328-G of the Income Tax Assessment Act 1997