Index to historic documents

Income Tax

1216820

Keywords: OB income, Offshore banking unit, Tax determination TD93/241

Short Summary: Whether any fee receivable constitutes assessable offshore banking income where an offsore banking unit sells down or disposes of its interest in a loan which originally qualified as an offshore banking activity.

File Reference: NAT 93/5604-5

Ruling Type: NO Taxation Ruling

Copy Available: Unedited

Original Office: National Office

Date Entered: 06/09/1994

Date Updated: 28/09/1994

Issue Date: 16/12/1993

Legislative References: 121EE(2)