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This edited version has been archived due to the length of time since original publication. It should not be regarded as indicative of the ATO's current views. The law may have changed since original publication, and views in the edited version may also be affected by subsequent precedents and new approaches to the application of the law.

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Edited version of your written advice

Authorisation Number: 1013029016825

Ruling

Subject: Whether entity is a controlled foreign company

In order to protect the privacy and commercial-in-confidence components of this private ruling the following summary is provided.

Question

Will Entity A be regarded as a controlled foreign company pursuant to section 340 of the Income Tax Assessment Act 1936?

Answer

Yes.