Legislation

ITAA 1997 s What this Ruling is about 1 Relevant provisions 2 Class of entities 3 Qualifications 4 Date of effect 7 Scheme 8 Background 9 Investing in private equity funds 12 Status of the IPE portfolio - capital now excess to requirements 13 Returns of share capital 15 Other matters 19 Ruling 26 Returns of share capital not dividends 26 The application of sections 45A, 45B and 45C 27 Capital gains tax (CGT) consequences 28 Foreign resident shareholders 30 Appendix 1 - Explanation 32 Returns of share capital not dividends 32 The application of sections 45A, 45B and 45C 36 Section 45A - streaming of dividends and capital benefits 37 Section 45B - scheme to provide capital benefits 41 CGT consequences 44 CGT event G1 - section 104-135

ATO documents that consider ITAA 1997 s What this Ruling is about 1 Relevant provisions 2 Class of entities 3 Qualifications 4 Date of effect 7 Scheme 8 Background 9 Investing in private equity funds 12 Status of the IPE portfolio - capital now excess to requirements 13 Returns of share capital 15 Other matters 19 Ruling 26 Returns of share capital not dividends 26 The application of sections 45A, 45B and 45C 27 Capital gains tax (CGT) consequences 28 Foreign resident shareholders 30 Appendix 1 - Explanation 32 Returns of share capital not dividends 32 The application of sections 45A, 45B and 45C 36 Section 45A - streaming of dividends and capital benefits 37 Section 45B - scheme to provide capital benefits 41 CGT consequences 44 CGT event G1 - section 104-135