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Edited version of your private ruling
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Ruling
Subject: Interest Assessability
Question 1
Is the interest recorded in the financial statements of the Taxpayer required to be included in the assessable income of the Taxpayer under s. 6-5 of the Income Tax Assessment Act 1997 (ITAA 1997)?
Answer
Yes
Question 2
Is the interest required to be taken into account in calculating the "net income" of the Taxpayer pursuant to s. 90 of the Income Tax Assessment Act 1936 (ITAA 1936)?
Answer
Yes
Question 3
Are each of the particular entities required to take into account the interest purportedly derived by the taxpayer in calculating their individual interests in the net income of the taxpayers pursuant to s. 92 of the ITAA 1936?
Answer
Yes