IT 2261W - Notice of Withdrawal
Income tax: allowable deductions: expenditure voluntarily incurred by employee taxpayers: carry bags
Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:may be released
NOTICE OF WITHDRAWAL
The Ruling sets out the Commissioner's policy on voluntary expenditure on carry bags. The policy of simplifying depreciation for low cost items (presently, where the value does not exceed $300) is now reflected in the legislation.
Commissioner of Taxation
NO NAT 97/77725-3