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Edited version of your written advice
Authorisation Number: 1012896466069
Date of advice: 20 October 2015
Ruling
Subject: What is a company for the purposes of section 995-1 of the ITAA 1997?
Question
Will X be treated as a 'company' for the purposes of section 995-1 of the ITAA 1997?
Answer
Yes
Relevant facts and circumstances
An entity created under foreign law proposes to invest in Australia.
The entity will be a non-resident of Australia.
Relevant legislative provisions
Income Tax Assessment Act 1997 section 995-1
Reasons for decision
The entity meets all of the relevant requirements to be treated as a 'company' for the purposes of section 995-1 of the ITAA 1997.