Product rulings

A product ruling is a type of public ruling under the Taxation Administration Act 1953. It gives certainty to participants (or potential participants) on the tax consequences of an arrangement, provided it is carried out as described in the ruling.

If you would like to discuss your issue with us prior to applying, you can submit an early engagement (for advice) request.

Each product ruling is made:

  • for a class of entities – those who invest in the product
  • for a specified arrangement – all the details and agreements constituting the product
  • on specified tax laws – that is, a section or other provision under which tax liability is worked out.

Public rulings are binding once published in the Government Notices Gazette.

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Last modified: 07 Sep 2016QC 40423