Legislation

ITAA 1997 s What this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 4 Date of effect 8 Scheme 9 Ruling 25 Proposed distributions of capital are not dividends 25 The application of sections 45A, 45B and 45C to the proposed returns of capital 26 Capital gains tax consequences 27 Foreign resident shareholders 29 Appendix 1 - Explanation 31 Proposed distributions of capital are not dividends 31 Anti-avoidance provisions 36 Section 45A - streaming of dividends and capital benefits 37 Section 45B - schemes to provide capital benefits 40 Scheme 41 Tax benefit 45 Relevant circumstances 48 Section 45C 59 Capital gains tax consequences 60 CGT event G1 - section 104-135

ATO documents that consider ITAA 1997 s What this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 4 Date of effect 8 Scheme 9 Ruling 25 Proposed distributions of capital are not dividends 25 The application of sections 45A, 45B and 45C to the proposed returns of capital 26 Capital gains tax consequences 27 Foreign resident shareholders 29 Appendix 1 - Explanation 31 Proposed distributions of capital are not dividends 31 Anti-avoidance provisions 36 Section 45A - streaming of dividends and capital benefits 37 Section 45B - schemes to provide capital benefits 40 Scheme 41 Tax benefit 45 Relevant circumstances 48 Section 45C 59 Capital gains tax consequences 60 CGT event G1 - section 104-135