EV 1052185362634currentnon-binding advice

The application of sections 102-5, 102-10 and 121-20 of the Income Tax Assessment Act 1997 and Part IVA of the Income Tax Assessment Act 1936 to the disposal of assets . In order to protect the privacy of this taxpayer and the commercial in-confidence components of this scheme, the Edited Version is prepared in the following form. The ruling relates to a scheme that the taxpayer entered into and concerns the following provisions of the income tax legislation:

Non-binding edited private advice. This is an edited version of private advice the ATO gave to a specific taxpayer about their own circumstances. You cannot rely on it — it is not binding and provides no protection for anyone else (see PS LA 2008/4). Use it as a guide to the ATO’s thinking, not as authority.

Income Tax Assessment Act 1997 Section 100-45 Income Tax Assessment Act 1997 Section 102-5 Income Tax Assessment Act 1997 Section 102-10 Income Tax Assessment Act 1997 Section 102-15 Income Tax Assessment Act 1997 Section 108-5 Income Tax Assessment Act 1997 Section 121-20 Income Tax Assessment Act 1997 Subsection 121-20(1) Income Tax Assessment Act 1997 Subsection 121-20(2) Income Tax Assessment Act 1997 Subsection 121-20(3) Income Tax Assessment Act 1997 Subsection 121-20(4) Income Tax Assessment Act 1997 Subsection 121-20(5) Income Tax Assessment Act 1997 Section 121-25 Income Tax Assessment Act 1997 Section 295-385 Income Tax Assessment Act 1936 Part IVA Income Tax Assessment Act 1936 Subsection 177A(5) Income Tax Assessment Act 1936 Subsection 177D(1) Income Tax Assessment Act 1936 Su