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Edited version of private advice
Authorisation Number: 1051635195560
Date of advice: 12 February 2020
Ruling
Subject: Income tax - exempt income
Question
Will you continue to maintain your tax exempt status under section 50-45 of the Income Tax Assessment Act 1997?
Answer
Yes
This ruling applies for the following periods:
1 July 20XX to 30 June 20XX
The scheme commences on:
20XX
Relevant facts and circumstances
You have previously received a private ruling, authorisation number XXXXXXXXXXXXX on this arrangement.
The relevant facts remain the same.
Relevant legislative provisions
Income Tax Assessment Act 1997 section 50-45
Income Tax Assessment Act 1997 section 50-70
Reasons for decision
While these reasons are not part of the private ruling, we provide them to help you to understand how we reached our decision.
The relevant facts, the law and the Commissioner's view have not changed since the issue of private ruling authorisation number XXXXXXXXXXXXX.
Therefore the reasons for decision are the same as those contained in private ruling authorisation number XXXXXXXXXXXXX.