Draft Taxation Ruling

TR 2010/D9W - Notice of Withdrawal

Income tax: deductibility under subsection 295-465(1) of the Income Tax Assessment Act 1997 of premiums paid by a complying superannuation fund for an insurance policy providing Total and Permanent Disability cover in respect of its members

• Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

Notice of Withdrawal

Taxation Ruling TR 2010/D9 is withdrawn with effect from today.

1. This draft Ruling is concerned with issues relating to the deductibility under subsection 295-465(1) of the Income Tax Assessment Act 1997 of premiums paid by a complying superannuation fund for insurance policies which provide total and permanent disability cover in respect of the fund's members.

2. Following the release of this draft Ruling, there has been a significant amendment to the relevant legislation with effect from 2011-2012 income year and later income years.

3. Draft Taxation Ruling TR 2011/D6 is being issued to include the Commissioner's view in relation to these amendments and to allow further community consultation and comment.

Commissioner of Taxation
7 December 2011

References

ATO references:
NO 1 3F38OOK

Related Rulings/Determinations:

TR 2010/D9
TR 2011/D6