Taxation Ruling
IT 2087W - Notice of Withdrawal
Income tax: forward purchase contracts: part of consideration paid to stakeholder
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Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:
May be releasedNOTICE OF WITHDRAWAL
Taxation Ruling IT 2087 is withdrawn.
The deductibility of purchases of goods under a forward purchase contract is now covered by subsection 51(2A) of the Income Tax Assessment Act 1936.
Commissioner of Taxation
1 May 1996
References
ATO references:
NO NAT 95/10297-2
ISSN 0813 - 3662
Related Rulings/Determinations:
IT 2087