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Edited version of your written advice
Authorisation Number: 1012931938513
Date of advice: 28 January 2016
Ruling
Subject: Gain on Sale of Share(s) in Joint Venture
The Commissioner issued a ruling on the application of the following provisions with regards to a gain on the Sale of Share(s) in a Joint Venture.
Relevant legislative provisions
Income Tax Assessment Act 1997 section 6-5
Income Tax Assessment Act 1997 section 230-15
Income Tax Assessment Act 1997 section 230-435
Income Tax Assessment Act 1997 section 230-445
This ruling applies for the following period
Income year ended 31 December XXXX
The scheme commences on
1 January XXXX