Taxation Ruling

IT 2207W - Notice of Withdrawal

Income tax: F.C of T. v Suttons Motors (Chullora) Wholesale Pty Ltd - decision of High Court of Australia

  • 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Taxation Ruling IT 2207 is no longer current and is therefore withdrawn.

The Ruling deals with trading stock valuation adjustments which no longer apply. The operative paragraph of this Ruling in relation to motor vehicles held by dealers under 'floor plan' arrangements (paragraph 7) is reproduced in paragraph 2 of Taxation Ruling IT 2648.

Commissioner of Taxation
27 August 1997

References

ATO references:
NO NAT 97/6784-3

ISSN 0813-3662

Related Rulings/Determinations:

IT 2207
IT 2648

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