Taxation Ruling

IT 243W - Withdrawal

Commutation of pension entitlement to a lump sum

• 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Taxation Ruling IT 243 is withdrawn with effect from today.

The views in IT 243 conflict with the views set out in the draft ruling TR 2002/D12 that issued today on the meaning of the phrase 'in consequence of' in the context of the expression 'in consequence of the termination of any employment' as used in Subdivisions A and AA of Division 2 of Part III of the Income Tax Assessment Act 1936.

Commissioner of Taxation
18 December 2002

References

ATO references:
NO 2002/011971

Related Rulings/Determinations:

IT 243