Income Tax Assessment Act 1936

S 170BDB repealed by No 161 of 2005, s 3 and Sch 2 item 5, applicable to things done on or after 1 January 2006.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  
170BDB(1)
In this section:

final tax
has the same meaning as in section 170BA .

170BDB(2)
If:

(a) 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 ); and

(b) 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

(c) those ways are different; and

(d) apart from this section, because of there being those different ways, there are conflicting requirements under section 170BB or 170BC and section 170BCA 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.

170BDB(3)
Expressions used in paragraph (2)(a) have the same meanings as in section 170BB .

170BDB(4)
Expressions used in paragraph (2)(b) have the same meanings as in Division 360 (Oral rulings) in Schedule 1 to the Taxation Administration Act 1953 .

S 170BDB inserted by No 179 of 1999.

S 170BDB inserted by No 179 of 1999.