Product Ruling

PR 2014/2W

Income tax: Challanger Care Annuity

• 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.

Notice of Withdrawal

Product Ruling PR 2014/2 is withdrawn with effect from today.

1. Product Ruling PR 2014/2 sets out the Commissioner's view on the income tax consequences for the class of entities defined therein with regard to an investment in a Challenger Care Annuity policy (Annuity) issued by Challenger Life Company Limited and offered under the Product Disclosure Statement dated 24 June 2013.

2. Challenger Limited issued a Market Release on 18 December 2014 stating that the Annuity is discontinued in its current form.

3. PR 2014/2 continues to apply to the defined class of entities in respect to an Annuity purchased on or after 1 July 2013 and on or prior to 18 December 2014.

Commissioner of Taxation
14 January 2015

© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA

You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).

References

ATO references:
NO 1-67OCD5K