Taxation Ruling

TR 2010/1DCW

Income tax: superannuation contributions

• Please note that the PDF version is the authorised version of this withdrawal notice.
  This draft update has been replaced by TR 2010/1DC2
  This document has changed over time. View its history.

Notice of Withdrawal

Draft Taxation Ruling TR 2010/1DC is withdrawn with effect from today.

1. TR 2010/1DC, which issued on 28 July 2021, outlined:

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proposed changes to TR 2010/1 to explain the interactions between the non-arm's length income provisions and the rules concerning superannuation contributions

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a proposed compliance approach in Appendix 2

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changes to reflect the removal of the maximum earnings test for the purpose of deducting personal contributions that commenced from 1 July 2017.

2. TR 2010/1DC has been replaced by Draft Taxation Ruling TR 2010/1DC2 Income tax: superannuation contributions which issued today. TR 2010/1DC2 includes:

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our preliminary view as to the interaction between the non-arm's length income provisions, as amended by Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Act 2024, and the rules concerning superannuation contributions

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updates to reflect the removal of the maximum earnings test for the purpose of deducting personal contributions that commenced from 1 July 2017

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removal of the compliance approach proposed in Appendix 2 of TR 2010/1DC with effect from the date of publication of TR 2010/1DC2.

3. Given the amendments to the non-arm's length income provisions as a result of the Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Act 2024, TR 2010/1DC2 has been issued to allow an opportunity for feedback.

Commissioner of Taxation
27 November 2024

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References

ATO references:
NO 1-134S37K6