Legislation

ITAA 1997 s Summary - what this ruling is about 1 Relevant provisions 2 Class of entities 3 Qualifications 4 Date of effect 7 Scheme 8 Background 9 Status of the IPE portfolio - capital now excess to requirements 13 Returns of share capital 15 Others 18 Ruling 25 Returns of share capital not dividends 25 The application of sections 45A, 45B and 45C 26 Capital gains tax (CGT) consequences 27 Foreign resident shareholders 29 Appendix 1 - Explanation 31 Returns of share capital not dividends 31 The application of sections 45A, 45B and 45C 35 Section 45A - streaming of dividends and capital benefits 36 Section 45B - scheme to provide capital benefits 40 Capital gains tax (CGT) consequences 43 CGT event G1 - section 104-135

ATO documents that consider ITAA 1997 s Summary - what this ruling is about 1 Relevant provisions 2 Class of entities 3 Qualifications 4 Date of effect 7 Scheme 8 Background 9 Status of the IPE portfolio - capital now excess to requirements 13 Returns of share capital 15 Others 18 Ruling 25 Returns of share capital not dividends 25 The application of sections 45A, 45B and 45C 26 Capital gains tax (CGT) consequences 27 Foreign resident shareholders 29 Appendix 1 - Explanation 31 Returns of share capital not dividends 31 The application of sections 45A, 45B and 45C 35 Section 45A - streaming of dividends and capital benefits 36 Section 45B - scheme to provide capital benefits 40 Capital gains tax (CGT) consequences 43 CGT event G1 - section 104-135