Index to historic documents

Income Tax

Keywords: Obsolete trading stock, Taxation ruling No TR 93/23, Tradding stock, Valuation of trading stock

Short Summary: Valuation of stock subject to obsolescence or other special circumstances - meaning of obsolescence considered along with what constitutes "Special circumstances".

File Reference: 92/9428-7 (TR 93/23)

Ruling Type: NO Taxation Ruling

Copy Available: Unedited

Original Office: National Office

Date Entered: 17/08/1993

Date Updated: 07/09/1993

Issue Date: 15/07/1993

Legislative References: 28, 31(1), 31(2), 31(3)