This question is about the ATO Decision impact statement on Greig v Commissioner of Taxation. This impact statement is dated 2 March 2020. You will be required to undertake research to find this impact statement and then to use it to prepare your response to this question.

You are required to:

Identify and present the factors from the decision impact statement that indicate that the taxpayer, Greig, acquired the shares in Nexus in a business operation or commercial transaction so as to engage the principle in Myer Emporium.