Private ruling: Division 149 of the Income Tax Assessment Act 1997
Date of advice: 28 October 2021
Published: January 2022

Ruling: The Commissioner made a private ruling confirming that majority underlying interests in the CGT assets of a company at the test day, were held by ultimate owners who also had majority underlying interests in those CGT assets at the end of the starting day pursuant to subsection 149-30(2) of the Income Tax Assessment Act 1997 .