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Edited version of your private ruling
Authorisation Number: 1012560790009
Ruling
Subject: Assessable income
Issue
The Commissioner has ruled on the following issues.
Question 1
Does the funding you received from an authority for certain activities constitute assessable income?
Answer
No.
Question 2
Are the total amounts you receive from an authority under an agreement, to provide certain works over a period, included in your assessable income in the relevant financial year?
Answer
No.
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