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Edited version of your written advice
Authorisation Number: 1051320907167
Date of advice: 2 March 2018
Ruling
Subject: Taxation issues rising from animal breeding activities.
In order to protect the privacy of this taxpayer and the commercial in-confidence components of this transaction, the Edited Version has been prepared in the following form.
The Commissioner issued a ruling that relates to issues rising from animal breeding activities covering the following provisions:
Relevant legislative provisions
● Section 6(1) of the Income Tax Assessment Act 1936
● Subsection 272-80(1) of Schedule 2F of the Income Tax Assessment Act 1936
● Section 272-87 of Schedule 2F of the Income Tax Assessment Act 1936
● Section 152-35 of the Income Tax Assessment Act 1997
● Paragraph 8-1(b) of the Income Tax Assessment Act 1997
● Section 6-5 of the Income Tax Assessment Act 1997
● Section 995-1 of the Income Tax Assessment Act 1997
● Subdivision 328-C of the Income Tax Assessment Act 1997
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