Private ruling: Whether a trust will become a trading trust
Published: August 2014

Ruling: Q1: This ruling concerned wither the taxpayer would become a trading trust pursuant to paragraph 102N(1)(b) of the Income Tax Assessment Act 1936 if certain steps of a transaction are undertaken. | A1: The Commissioner has ruled on the specific question.




Subject: Whether a trust will become a trading trust: In order to protect the privacy and commercial in-confidence components of this private binding ruling the following summary is provided: