Taxi Limited

This Arrangement is the lending of amounts by Taxi Limited to its clients secured by the client transferring by way of security their entitlement to amounts deposited in the tax pooling account operated by Tax Traders Limited.

This Ruling:

• relates to the imputation credit treatment of the transfer of tax credits under the Arrangement; and
• applies to clients that are an “ICA company” (as defined in s YA 1 of the Income Tax Act 2007).