Taxation Ruling
IT 2381W - Notice of Withdrawal
Income tax: interest on overpayments: additional tax for late payment not 'relevant tax' as defined
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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Taxation Ruling IT 2381 is withdrawn with effect from today.
1. Taxation Ruling IT 2381 discusses whether additional tax payable under former subsection 207(1) of the Income Tax Assessment Act 1936 (ITAA 1936) for late payment of tax is a 'relevant tax' as defined in subsection 3(1) of the Taxation (Interest on Overpayments) Act 1983 (which was later renamed the Taxation (Interest on Overpayments and Early Payments) Act 1983).
2. Subsequent to the issue of IT 2381, the Taxation Laws Amendment Act (No. 3) 1999 repealed section 207 of the ITAA 1936 and made consequential changes to the definition of 'relevant tax'.
3. Accordingly, this Ruling is no longer current.
Commissioner of Taxation
21 February 2007
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