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Edited version of private advice
Authorisation Number: 1051784351816
Date of advice: 25 November 2020
Ruling
Subject: Application of division 832 of the Income Tax Assessment Act 1997 to loans
Relevant facts and circumstances
The taxpayer applied for a private ruling on the application of Division 832 of the ITAA 1997 in relation to interest payments on loans.
A ruling was issued in respect of the relevant provisions.
Relevant legislative provisions
Income Tax Assessment Act 1997 Division 832