Breakfast cereal (mixed with milk/water; for a specific age group)

Employee share scheme

Employee share scheme

Assessable income - prepayment amount

CGT - losses

Residency

CGT - extension of time

Permanent establishment- section 161 of the Income Tax Assessment Act 1936

Residency

Residency of Australia for taxation purposes

Capital gains tax - deceased estate

Foreign income tax offset

Residency of Australia for taxation purposes

Income Tax - deductions

CGT - compensation payment

Capital gains tax - main residence exemption - vacant land

The application of Subdivisions 310-B and 310-D of the Income Tax Assessment Act 1997 and Part IVA of the Income Tax Assessment Act 1936 In order to protect the privacy of this taxpayer and the commercial in-confidence components of this transaction, the Edited Version is prepared in the following form. The ruling relates to a transaction that the taxpayer entered into and concerns the following provisions of the income tax legislation:

GST - sale of property

CGT - not in common ownership

Deductions - sale of property