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This edited version has been archived due to the length of time since original publication. It should not be regarded as indicative of the ATO's current views. The law may have changed since original publication, and views in the edited version may also be affected by subsequent precedents and new approaches to the application of the law.

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Edited version of your private ruling

Authorisation Number: 1012474249280

Ruling

Subject: Business valuation

Question 1

What is the market value of the business?

Answer

$X.

This ruling applies for the following periods:

1 July 2012 - 30 June 2013

1 July 2013 - 30 June 2014.

The scheme commences on:

1 July 2012.

Relevant facts and circumstances

The taxpayer operates a business.

They applied and paid for a business valuation.

Relevant legislative provisions

Income Tax Assessment Act 1997 152-15.

Reasons for decision

Provided in AVO report.