S 170BDB repealed by No 161 of 2005, s 3 and Sch 2 item 5, applicable to things done on or after 1 January 2006. S 170BDB formerly read:
SECTION 170BDB ASSESSMENT OF TAX OTHER THAN WITHHOLDING TAX IF PRIVATE AND ORAL RULINGS CONFLICT
In this section:
has the same meaning as in section
there is a private ruling on the way in which an income tax law applies to a person in relation to an arrangement (
private ruling way
there is an oral ruling on the way in which the same income tax law applies to the same person in relation to the same arrangement; and
those ways are different; and
apart from this section, because of there being those different ways, there are conflicting requirements under section
of what the assessment and amount of final tax in relation to that person are to be;
the assessment and amount of final tax must be what they would be if that law applied in the private ruling way.
Expressions used in paragraph (2)(a) have the same meanings as in section
Expressions used in paragraph (2)(b) have the same meanings as in Division
(Oral rulings) in Schedule
Taxation Administration Act 1953
S 170BDB inserted by No 179 of 1999.