Taxation Ruling
TR 95/3PW - Partial Withdrawal
Income tax: capital gains: application of subsections 160M(6) and 160M(7) to restrictive covenants and trade ties
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Please note that the PDF version is the authorised version of this ruling.View the consolidated version for this notice.
FOI status:
may be releasedNotice of Withdrawal
Paragraphs 7 to 12 and 42 to 56 only of Taxation Ruling TR 95/3 are withdrawn with effect from today.
The paragraphs are withdrawn to the extent that they are inconsistent with paragraphs 31 to 35 (dealing with capital gains and goodwill of a business) of Taxation Ruling TR 1999/16, which are more favourable to taxpayers.
Commissioner of Taxation
24 November 1999
References
ATO references:
NO NAT 99/15852-2
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