Taxation Ruling
IT 2572A - Addendum
Income tax: general insurers - valuation of investments at net market value for accounting purposes: treatment of unrealised profits and losses for taxation purposes
-
Please note that the PDF version is the authorised version of this ruling.
FOI status:
may be releasedNOTICE OF ADDENDUM
This Addendum amends Taxation Ruling IT 2572, in relation to the 1997-98 or a later income year, as follows:
1. At the Legislative references
- Omit '25(1), 51(1)'; substitute the following:
- 'ITAA 1997 8-1
- ITAA 1997 6-5'.
Commissioner of Taxation
18 August 1999
References
ATO references:
NO NAT 99/01494-5
ISSN 0813 - 3662
Related Rulings/Determinations:
IT 2572