BR Prd 15/06
Issued
21 Dec 2015
Effective 
1 December 2015 to 31 December 2020

Fonterra Co-operative Group Limited

Applicant
Fonterra Co-operative Group Limited

This ruling considers the tax consequences for investors in the Fonterra Shareholders' Fund, which is a New Zealand resident unit trust through which public investors, and farmers supplying milk to Fonterra, are able to invest in units. Units in the FSF give investors economic rights in Fonterra shares.