Taxation Determination

TD 92/152W

Income tax: is interest withholding tax, or an amount equivalent to interest withholding tax, paid by a borrower on behalf of a foreign lender deductible?

• Please note that the PDF version is the authorised version of this withdrawal notice.
  This document incorporates revisions made since original publication. View its history and amending notices, if applicable.

FOI status:

Notice of Withdrawal

Taxation Determination TD 92/152 is withdrawn with effect from today.

As a result of the Full Federal Court's decision in FCT v. Century Yuasa Batteries Pty Ltd (1998) 82 FCR 288, the Taxation Determination is no longer appropriate.

Commissioner of Taxation
3 May 2000

References

ATO references:
NO 91/5423-0

Related Rulings/Determinations:

IT 2683

Subject References:
interest withholding tax
deduction for

Legislative References:
ITAA 51(1)
ITAA 128B