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Edited version of your private ruling
Authorisation Number: 1012672227848
Ruling
Subject: Whether a company is a private or public company under section 103A of the
Question 1
Is Company X Limited a public company for the purposes of subsection 103A(2) of the Income Tax Assessment Act 1936 for the year ended 30 June 2014?
Answer
No.
Question 2
If the answer to question 1 is no, would the Commissioner exercise his discretion under subsection 103A(5) of the Income Tax Assessment Act 1936 to deem Company X to be a public company for the year ended 30 June 2014?
Answer
Yes.
This ruling applies for the following periods:
Income year ended 30 June 2014
The scheme commences on:
1 July 2013
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