Taxation Ruling
IT 2623W - Withdrawal
Income tax: repayments of sickness benefits
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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Taxation Ruling IT 2623 is withdrawn with effect from today.
1. Income Tax Ruling IT 2623, as amended on 6 August 1997, sets out an administrative approach which the Commissioner adopted to allow an amended assessment where a taxpayer was required to repay an amount included as assessable income.
2. As repayments are now dealt with under the specific legislative provisions of Division 59 of the Income Tax Assessment Act 1997, Income Tax Ruling IT 2623 is no longer necessary and is withdrawn.
Commissioner of Taxation
26 October 2005