Taxation Determination
TD 93/5W
Income tax: in which circumstances is the construction cost of an access road incurred by a person carrying on timber operations for the purpose of gaining or producing assessable income an allowable deduction?
-
Please note that the PDF version is the authorised version of this withdrawal notice.This document has changed over time. View its history.
Notice of Withdrawal
Taxation Determination TD 93/5 is withdrawn with effect from today.
1. Taxation Determination TD 93/5 explains the operation of former subsection 124F(1) of the Income Tax Assessment Act 1936 (ITAA 1936) which allowed a deduction for the construction cost of an access road incurred by a person in connection with the carrying on of timber operations for the purpose of gaining or producing assessable income.
2. Under former section 124EAA of the ITAA 1936, former section 124F of the ITAA 1936 has no application after the 1996-97 income year.
3. Accordingly, the Determination is no longer current and is withdrawn.
Commissioner of Taxation
23 June 2010
References
ATO references:
NO 2006/20258
Date: | Version: | Change: | |
21 January 1993 | Original ruling | ||
You are here | 23 June 2010 | Withdrawn |
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).