Taxation Ruling
IT 2078W - Notice of Withdrawal
Division 10AAA - deduction for expenditure on public roads and railways
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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Taxation Ruling IT 2078 is withdrawn with effect from today.
1. Taxation Ruling IT 2078 and the addendum published on 30 July 1997 explain the circumstances in which companies engaged in mining operations may claim a deduction under the former Division 10AAA of the Income Tax Assessment Act 1936 and the former Subdivision 330-H of the Income Tax Assessment Act 1997 (ITAA 1997) for the costs of upgrading or maintaining public roads and railways in the vicinity of the mining site and which may service the mining operations.
2. Such expenditure which is incurred after 30 June 2001 is dealt with in Subdivision 40-I of the ITAA 1997.
3. As the Ruling is no longer current it is withdrawn.
Commissioner of Taxation
16 April 2008