Private ruling: Application of the same business test
Published: August 2014

Ruling: Q1: This ruling concerned whether the taxpayer would meet the requirement in subsection 165-13(2) of the Income Tax Assessment Act 1997 following the acquisition of XYZ Pty Ltd. | A1: The Commissioner has ruled on the specific question.




Subject: Application of the same business test: In order to protect the privacy and commercial in-confidence components of this private binding ruling the following summary is provided: