EV 1051885564877currentnon-binding advice

Capital gains tax

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.

The Commissioner was asked the question whether CGT event A1 of the Income Tax Assessment Act 1997 happen in respect of the shares held by Company A (at the time Company A was deregistered by ASIC?) The Commissioner has ruled on the question.