Taxation Ruling

IT 41W - Withdrawal

Payment received as compensation for termination of service agreement

• 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Taxation Ruling IT 41 is withdrawn.

The ruling does not deal with any significant issues and does not affect the existing interpretation of the law. It merely agrees with the decision of Taxation Board of Review No. 2 in Case L60 79 ATC 480; 23 CTBR (NS) Case 67 on the facts of the case.

Commissioner of Taxation
1 May 1996

References

ATO references:
NO NAT 95/10297-2

Related Rulings/Determinations:

IT 41