The Australian taxation office (ATO) has published updated guidance on What private rulings can cover.
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What private rulings can cover
A private ruling may deal with anything involved in the application of relevant provisions of the law.
What is a private ruling
A private ruling is binding advice that sets out how a tax law applies to you in relation to a specific scheme or circumstance.
A private ruling can cover anything involved in the application of a relevant provision of a t…