Taxation Ruling
IT 136H - Notice of Archival
Tax avoidance schemes: unit trusts
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Please note that the PDF version is the authorised version of this ruling.
FOI status:
may be releasedNotice of Archival
Taxation Ruling IT 136 is no longer current and has been archived.
The Ruling deals with the reorganisation of operations of a business by establishing a unit trust for the benefit of the shareholders and their families and the possible application of Part IVA.
Subsequent to the drafting of the Ruling Part IIIAA and Part IIIA have been introduced. Both Part IIIAA and Part IIIA would have some effect on the structure proposed in the Ruling.
Commissioner of Taxation
8 December 1994