EV 1052010136397currentnon-binding advice

Assessable income The Commissioner has asked

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.

are the fees and charges received by Members assessable income under section 6-5 of the Income Tax Assessment Act 1997 (ITAA 1997)? The Commissioner has ruled on each of the questions.