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Edited version of your written advice
Authorisation Number: 1012663888615
Ruling
Subject: Proposed demerger
Question 1
The applicant asked a question concerning the application of Division 125 of the ITAA 1997.
Answer
The Commissioner answered the question asked.
This ruling applies for the following periods:
Two years of income
Relevant facts and circumstances
Demerger proposal.
Relevant legislative provisions
Division 125 of the Income Tax Assessment Act 1997
Reasons for decision
The Commissioner ruled on the application of the provisions.