Taxation Ruling

IT 2328PW - Partial Withdrawal

Income tax: capital gains provisions: interpretation and operation

  • Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

NOTICE OF PARTIAL WITHDRAWAL

PLEASE NOTE: THIS WITHDRAWAL REPLACES THE WITHDRAWAL ISSUED ON 24 NOVEMBER 1999.

1. Paragraphs 2 to 6 only of Taxation Ruling IT 2328 are withdrawn with effect from today.

2. The paragraphs are withdrawn to the extent that they are inconsistent with paragraphs 60 to 67 (dealing with capital gains and goodwill of a business) of Taxation Ruling TR 1999/16, which are more favourable to taxpayers.

Commissioner of Taxation
8 December 1999

References

ATO references:
NO NAT 99/15852-2

ISSN 0813 - 3662

Related Rulings/Determinations:

IT 2328
IT 2328PW2 - Partial Withdrawal
IT 2328W - Withdrawal

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).