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Edited version of private advice
Authorisation Number: 1051758216200
Date of advice: 29 September 2020
Ruling
Subject: The application of Subdivision 310-B and 310-D of the Income Tax Assessment Act 1997
The ruling relates to a transaction that the taxpayer entered into and concerns the following provisions of the income tax legislation:
Subsection 310-15(1) of the Income Tax Assessment Act 1997 (ITAA 1997)
Subsection 310-15(2) of the ITAA 1997
Subsection 310-15(3) of the ITAA 1997
Subsection 310-15(4) of the ITAA 1997
Paragraph 310-25(a) of the ITAA 1997
Subsection 310-30(1) of the ITAA 1997
Subsection 310-30(2) of the ITAA 1997
Section 310-45 of the ITAA 1997
Subsection 310-45(1) of the ITAA 1997
Paragraph 310-45(1)(a) of the ITAA 1997
Paragraph 310-45(2)(b) of the ITAA 1997
Subsection 310-45(3) of the ITAA 1997
Paragraph 310-45(4)(a) of the ITAA 1997
Section 713-505 of the ITAA 1997
Subsection 995-1(1) of the ITAA 1997