Draft Miscellaneous Taxation Ruling
MT 2004/D3W - Withdrawal
The New Tax System: the meaning of entity carrying on an enterprise for the purposes of entitlement to an Australian Business Number
Please note that the PDF version is the authorised version of this ruling.
FOI status:may be released
Notice of Withdrawal
2. The issues covered by MT 2004/D3 are now covered in a new draft Ruling MT 2005/D1 which provides assistance in determining the entitlement to an ABN for entities. In doing this, draft Ruling MT 2005/D1 considers the meaning of the certain key words and phrases used in the A New Tax System (Australian Business Number) Act 1999 (ABN Act) to define:
- an entity; and
- an enterprise.
Reason for Withdrawal
3. MT2004/D3 was issued in December 2004. Extensive feedback was received on the draft ruling. As a result of this feedback, changes have been made to the ruling, in particular the sections on commencement activities and land subdivisions. The ruling is being re-issued as a draft to allow further community consultation and comment.
Commissioner of Taxation
14 December 2005