Federal Register of Legislation - Australian Government

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Notice of Ruling 25 January 2023

Authoritative Version
This instrument gives notice of public ruling Product Ruling PR 2023/1.
Administered by: Treasury
Registered 25 Jan 2023

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Notice of Ruling 25 January 2023

The Commissioner of Taxation, Chris Jordan, gives notice by notifiable instrument under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 of the following public ruling, a copy of which can be obtained from ato.gov.au/law



Ruling number


Brief description

PR 2023/1

Utmost Executive Investment Account

This Ruling sets out the income tax consequences for entities that purchase (between 1 July 2022 and 30 June 2025) an Executive Investment Account issued by Utmost International Isle of Man Limited.

This Ruling applies from 1 July 2022.