Private ruling: Propagation
Date of advice: 18 August 2023
Published: 3 October 2023

Ruling: The application of sections 102-5, 102-10 and 121-20 of the Income Tax Assessment Act 1997 and Part IVA of the Income Tax Assessment Act 1936 to the disposal of assets. | The ruling relates to a scheme that the taxpayer entered into and concerns the following provisions of the income tax legislation: | Income Tax Assessment Act 1997 section 100-45 | Income Tax Assessment Act 1997 section 102-5 | Income Tax Assessment Act 1997 section 102-10 | Income Tax Assessment Act 1997 section 121-20 | Income Tax Assessment Act 1997 section 121-25 | Income Tax Assessment Act 1997 subsection 121-20(1) | Income Tax Assessment Act 1936 Part IVA | Income Tax Assessment Act 1936 subsection 177A(5) | Income Tax Assessment Act 1936 subsection 177D(1) | Income Tax Assessment Act 1936 subsection 177D(2)