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Edited version of private advice
Authorisation Number: 1052044273563
Date of advice: 17 November 2022
Ruling
Subject: Fixed trust
Relevant facts and circumstances
The taxpayer applied for a private ruling on the application of:
• former subsections 160APHL(11) and 160APHL(14) of the Income Tax Assessment Act 1936 (ITAA 1936)
• paragraph 272-5(3) of Schedule 2F to the ITAA 1936
• section 272-65 of Schedule 2F of the ITAA 1936; and
• subsection 995-1(1) of the Income Tax Assessment Act 1997.
A ruling was issued in respect of the relevant provisions.
Relevant legislative provisions
Income Tax Assessment Act 1936 former subsection 160APHL(11)
Income Tax Assessment Act 1936 former subsection 160APHL(14)
Income Tax Assessment Act 1936 paragraph 272-5(3) of Schedule 2F
Income Tax Assessment Act 1936 section 272-65 of Schedule 2F
Income Tax Assessment Act 1997 subsection 995-1(1)