Taxation Ruling

IT 208W - Notice of Withdrawal

Disability insurance - deductibility of premiums and assessability of benefits

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FOI status:

may be released

NOTICE OF WITHDRAWAL

Taxation Ruling IT 208 was issued to confirm that the Commissioner had changed his policy in light of the decision of the High Court in FC of T v. Smith 81 ATC 4114; 11 ATR 538. The law in relation to this matter is now well settled.

The Ruling is no longer necessary and is therefore withdrawn.

Commissioner of Taxation
8 October 1997

References

ATO references:
NO NAT 97/7725-3

ISSN 0813-3662

Related Rulings/Determinations:

IT 208