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Edited version of private advice
Authorisation Number: 1051734707262
Date of advice: 10 August 2020
Ruling
Subject: Managed investment trust
In order to protect the privacy and commercial in-confidence components of this private ruling the following summary is provided.
The Commissioner made a private ruling on the application of:
· section 275-10 of the Income Tax Assessment Act 1997
· section 12-383 of Schedule 1 to the Taxation Administration Act 1953 (TAA), and
· subsection 12-385(3) of Schedule 1 to the TAA
to the circumstances of the taxpayer.