Taxation Ruling

IT 2547W - Withdrawal

Income tax: Part IVA determinations made after an appeal against the Commissioner's decision on an objection is referred to the Federal Court

  • Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

Notice of Withdrawal

Taxation Ruling IT 2547 is withdrawn with effect from today.

1. Since Taxation Ruling IT 2547 was issued on 20 July 1989 a number of Full Federal Court decisions have dealt with how the Commissioner may give effect to a Part IVA determination.

2. Practice Statement PSLA 2005/24 was released on 13 December 2005. The Practice Statement provides up to date guidance on how the Commissioner interprets and administers Part IVA and other general anti-avoidance rules. The Practice Statement implements ROSA Recommendation 2.10 that the Tax Office should update and consolidate its guidance on the way it interprets and administers Part IVA into a single comprehensive Ruling or Practice Statement.

Commissioner of Taxation
29 March 2006


ATO references:
NO 2005/18404

ISSN 0813 - 3662

Related Rulings/Determinations:

IT 2547