Taxation Ruling
IT 134W - Notice of Withdrawal
Commonwealth rebate for apprentice full-time training scheme
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Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:
may be releasedNotice of Withdrawal
Taxation Ruling IT 134 is withdrawn with effect from today.
1. Taxation Ruling IT 134 explains how proposed legislation would treat the Commonwealth rebate for apprentice full-time training (CRAFT) scheme in the hands of employers and the payments under the scheme will be treated in the hands of the apprentices.
2. Paragraph 23(jc) of the Income Tax Assessment Act 1997 was enacted and commenced to apply on 1 July 1976. The other proposed amendments discussed in the Ruling did not occur. Accordingly, the legislative scheme for the CRAFT scheme is in place and the advice is no longer required.
Commissioner of Taxation
8 November 2006