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You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4.

Edited Version of private advice

Authorisation Number: 1052360164830

Date of advice: 18 February 2025

Subject: CGT - assets

In order to protect the privacy and commercial in-confidence components of this private binding ruling the following summary is provided:

Issue

This ruling concerned CGT - pre-CGT assets; majority underlying interests.

Answer

The Commissioner has ruled on each of the specific questions.


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