Draft Taxation Determination

TD 93/D261

Income tax: capital gains: section 160A and subsections 160M(6) and 160M(7) of the Income Tax Assessment Act 1936 were amended by Taxation Laws Amendment Act (No 4) 1992 with effect from 25 June 1992. Will these amendments have an effect on the views expressed in Taxation Determinations TD 2 and TD 3 in respect of debt waivers?

  • Please note that the PDF version is the authorised version of this draft ruling.
    This document has been finalised by TD 93/237.

FOI status:

draft only - for comment

Preamble

Draft Taxation Determinations (TDs) present the preliminary, though considered, views of the ATO. Draft TDs may not be relied on; only final TDs are authoritative statements of the ATO.

1. No. The views expressed in Taxation Determinations TD 2 and TD 3 will not be affected by these amendments.

Commissioner of Taxation
14 October 1993

References


BO M6/M7 PROJ (CGTDET86)

ISSN 1038-8982

Related Rulings/Determinations:

TD 2;
TD 3

Subject References:
Waiver of debt

Legislative References:
ITAA 160A
ITAA 160M(6)
ITAA 160M(7)