IT 2386W - Withdrawal
Income Tax: Gifts to public benevolent institutions
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 2386 considers the operation of subparagraph 78(1)(a)(ii) of the Income Tax Assessment Act 1936 in relation to a proposed public benevolent institution where the persons who are to benefit from the institution are resident in an overseas country.
Commissioner of Taxation
4 June 2003