Date of advice: 23 July 2015
Published: July 2015

Ruling: The Commissioner was asked whether a particular agreement is a 'hire purchase agreement' for the purposes of section 240-10 of the Income Tax Assessment Act 1997 (ITAA 1997). | The Commissioner ruled that the agreement is not a 'hire purchase agreement' for the purposes of section 240-10 of the ITAA 1997.