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Edited version of your written advice
Authorisation Number: 1013008684892
Date of advice: 18 May 2016
Ruling
Subject: Trusts
In order to protect the privacy and commercial in-confidence components of this private binding ruling the following summary is provided.
The Commissioner ruled on the application of:
• the trust loss provisions in Schedule 2F to the Income Tax Assessment Act 1936 (ITAA 1936);
• the CGT provisions; and
• Part IVA of the ITAA 1936.