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Edited version of private advice
Authorisation Number: 1052093268950
Date of advice: 2 March 2023
Ruling
Subject: Capital raising
The Edited Version has been prepared in the following form in order to protect the privacy of this taxpayer and the commercial in-confidence components of this particular arrangement.
The Commissioner issued a ruling on a proposed capital raising transaction covering the following provisions:
Relevant legislative provisions
Income Tax Assessment Act 1936 subsection 45C(3)
Income Tax Assessment Act 1936 section 177EA
Income Tax Assessment Act 1997 section 6-5
Income Tax Assessment Act 1997 section 104-35
Income Tax Assessment Act 1997 Division 197
Income Tax Assessment Act 1997 section 202-40
Income Tax Assessment Act 1997 section 204-15
Income Tax Assessment Act 1997 section 204-30
Income Tax Assessment Act 1997 paragraph 230-40(4)(e)
Income Tax Assessment Act 1997 subsection 230-50(1)
Income Tax Assessment Act 1997 subsection 230-440(1)
Income Tax Assessment Act 1997 section 245-10
Income Tax Assessment Act 1997 subsection 995-1(1).