IT 2071W - Notice of Withdrawal
Income tax: school building funds
Please note that the PDF version is the authorised version of this ruling.
FOI status:may be released
Notice of Withdrawal
1. Taxation Ruling IT 2071 considers circumstances where a payment made to a school building fund as an alternative to an increase in the level of school fees does not have the character of a tax deductible gift.
Commissioner of Taxation
20 July 2005