Taxation Ruling

IT 2346A - Addendum

Income tax : bonuses paid on certain life assurance policies - section 26AH - interpretation and operation

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

FOI status:

May be released

ADDENDUM

Preamble, lines 11-12; delete the words "at the rate of 30%".

The sentence now reads:

'Section 160AAB , inserted in the Assessment Act by the same amending Act, provides a rebate of tax in respect of amounts included as assessable income under section 26AH.'

Commissioner of Taxation
1/9/94

References

BO BRI 10/NR/B1149

Related Rulings/Determinations:

IT 2346

Legislative References:
ITA 160AAB
ITA 26AH