Taxation Ruling

IT 2023W - Withdrawal

Income tax: taxation (unpaid company tax) legislation sections 5(7) and 3(12)

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

FOI status:

may be released

NOTICE OF WITHDRAWAL

Taxation Ruling IT 2023 is withdrawn with effect from today.

1. Taxation Ruling IT 2023 is about subsections 3(12) and 5(7) of the Taxation (Unpaid Company Tax) Assessment Act 1982. Those subsections apply only to 'bottom of the harbour' schemes that were entered into before 4 December 1980.

2. IT 2023 was the subject of a Notice of Archival on 4 September 1996.

3. IT 2023 is now being withdrawn in accordance with paragraph 5 of Addendum No. 3 to Taxation Ruling IT 1 Taxation Ruling System: explanation and status, which states:

We will withdraw progressively all Rulings in the IT series for which we have issued Notices of Archival.

Commissioner of Taxation
17 May 2006

References

ATO references:
NO 2005/18404

Related Rulings/Determinations:

IT 2023