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Edited version of private advice
Authorisation Number: 1051534422693
Date of advice: 26 June 2019
Ruling
Subject: Existence of a vested and indefeasible interest in the income and capital of a trust
The Commissioner made a private ruling on the existence of a vested and indefeasible interest in the income and capital of a trust for the purposes of section 272-5 of Schedule 2F to the Income Tax Assessment Act 1936 (ITAA 1936), and the existence of a vested and indefeasible interest in so much of the corpus of a trust as is comprised by the trust holding for the purposes of former subsection 160APHL(11) of the ITAA 1936.
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