Taxation Determination

TD 1995/60ER - Erratum/DOCREF>

Income tax: are fees paid for obtaining investment advice an allowable deduction under subsection 51(1) of the Income Tax Assessment Act 1936 ('the Act') for taxpayers who are not carrying on an investment business?


This Erratum is a public ruling for the purposes of the Taxation Administration Act 1953. It corrects the legislative references for Taxation Determination TD 95/60.

TD 95/60 is corrected as follows:

1. Legislative References


ITAA 51(1); ITAA 160ZH(1); ITAA 160ZH(5)


ITAA 1936 51(1); ITAA 1997 8-1; ITAA 1997 110-25(3); ITAA 1997 110-35

This Erratum applies on and from 14 September 2006.

Commissioner of Taxation
22 February 2012


ATO references:
NO 1-236GIR9

ISSN: 1039-0731