Taxation Determination

TD 95/14W

Income tax: capital gains: how is the 'exempt' component of a capital gain that arises on the disposal of goodwill treated when distributed to shareholders by a liquidator in the course of winding up a company?

• Please note that the PDF version is the authorised version of this withdrawal notice.
  This Determination has been replaced by TD 2001/14
  This document incorporates revisions made since original publication. View its history and amending notices, if applicable.

FOI status:

Notice of Withdrawal

Taxation Determination TD 95/14 is withdrawn with effect from today.

TD 95/14 has been rewritten and replaced by TD 2001/14, to reflect a change in the law effected by the Tax Law Improvement Act (No 1) 1998.

Commissioner of Taxation
13 June 2001

Previously issued as Draft TD 94/D113.

References

ATO references:
NO CGT Cell (CGDTLiq 5); NAT 94/8637-2

Related Rulings/Determinations:

TD 95/10
TD 95/11
TD 95/12
TD 95/13
TD 95/15

Subject References:
capital gains
disposal of assets
distributions
dividends
exemption of gains and losses
goodwill
liquidation
shares

Legislative References:
ITAA 47(1)
ITAA 47(1A)
ITAA 47(1A)(b)
ITAA 160ZA(4)
ITAA 160ZL
ITAA 160ZO
ITAA 160ZZR