Product Ruling

PR 2013/3W

Income tax: tax consequences for an investor in a Westpac Annuity Deposit

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

Product Ruling PR 2013/3 is withdrawn with effect from today.

1. Product Ruling PR 2013/3 sets out the Commissioner's view on the income tax consequences for the defined class of entities, referred to as investors, who invest in a Westpac Annuity Deposit.

2. Westpac Banking Corporation advised that the Westpac Annuity Deposit will change its name to the Westpac Retirement Deposit, and that the Product Disclosure Statement to the Westpac Annuity Deposit will be withdrawn.

3. PR 2013/3 continues to apply to investors who invested in a Westpac Annuity Deposit prior to the withdrawal.

4. PR 2013/3 is replaced by Product Ruling PR 2013/23 which issued on 18 December 2013 and sets out the Commissioner's view on the income tax consequences for an investor in a Westpac Retirement Deposit.

Commissioner of Taxation
18 December 2013

© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA

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

References

ATO references:
NO 1-55X02YK