Disclaimer This edited version has been archived due to the length of time since original publication.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. You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4. |
Edited version of private advice
Authorisation Number: 1051564426610
Date of advice: 12 August 2019
Ruling
Subject: Application of section 177F of the Income Tax Assessment Act 1936 (ITAA 1936)
Relevant facts and circumstances
The taxpayer applied for a private ruling on the application of section 177F of the ITAA 1936.
A ruling was issued in respect of the relevant provisions.
Relevant legislative provisions
Income Tax Assessment Act 1936 section 177F