Private ruling: Capital adequacy
Published: October 2014


Relevant facts and circumstances: The taxpayer applied for a ruling on the application of section 230 and 245 of the Income Tax Assessment Act 1997 (ITAA 1997)

Relevant legislative provisions: Section 230 of the ITAA 1997 | Section 245 of the ITAA 1997

Reasons for decision: Summary: The Commissioner has ruled on each of the questions.