Private ruling: Existence of a vested and indefeasible interest in the income and capital of a trust
Date of advice: 26 June 2019
Published: September 2019

Ruling: The Commissioner made a private ruling on the existence of a vested and indefeasible interest in the income and capital of a trust for the purposes of section 272-5 of Schedule 2F to the Income Tax Assessment Act 1936 (ITAA 1936), and the existence of a vested and indefeasible interest in so much of the corpus of a trust as is comprised by the trust holding for the purposes of former subsection 160APHL(11) of the ITAA 1936.