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Edited version of your written advice
Authorisation Number: 1012926442204
Date of advice: 18 December 2015
Ruling
Subject: The Financing Arrangement
A taxpayer applied for a private binding ruling about a financing arrangement and asked for a ruling on how the following legislative provisions would apply to the financing arrangement:
Subsection 128A(1AB) of the Income Tax Assessment Act 1936
Section 177F of the Income Tax Assessment Act 1936
Section 26-25 of the Income Tax Assessment Act 1997
Section 230-15 of the Income Tax Assessment Act 1997
Section 230-45 of the Income Tax Assessment Act 1997
Section 974-15 of the Income Tax Assessment Act 1997
Section 974-80 of the Income Tax Assessment Act 1997
The Commissioner issued a ruling on the questions asked by the taxpayer.