Class Ruling

CR 2004/14W

Income tax: out of court settlement payment to holders of 'AXA Prosperity Bonds'

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:

may be released

Preamble

The number, subject heading, and the What this Class Ruling is about (including Tax law(s), Class of persons and Qualifications sections), Date of effect, Withdrawal, Arrangement and Ruling parts of this document are a 'public ruling' in terms of Part IVAAA of the Taxation Administration Act 1953. CR 2001/1 explains Class Rulings and Taxation Rulings TR 92/1 and TR 97/16 together explain when a Ruling is a 'public ruling' and how it is binding on the Commissioner.

Withdrawal

1. This Ruling is withdrawn and ceases to have effect after 30 June 2005. The Ruling continues to apply, in respect of the tax laws(s) ruled upon, to all persons within the specified class who enter into the specified arrangement during the term of the Ruling. Thus, the Ruling continues to apply to those persons, even following its withdrawal, for arrangements entered into prior to withdrawal of the Ruling. This is subject to there being no change in the arrangement or in the person's involvement in the arrangement.

Commissioner of Taxation
4 February 2004

Not previously issued as a draft.

References

ATO references:
NO 2004/001266

ISSN: 1445-2014

Related Rulings/Determinations:

TR 92/1
TR 92/3
TR 92/20
TR 95/35
TR 97/16
CR 2001/1

Legislative References:
ITAA 1936 25(1)
ITAA 1936 26AH
ITAA 1936 26AH(6)
ITAA 1936 26AH(6)(a)
ITAA 1936 26AH(7)
ITAA 1936 26AH(9)
ITAA 1936 26AH(12)
ITAA 1936 26(i)
ITAA 1936 160AAB
ITAA 1997 6-5
ITAA 1997 118-300
ITAA 1997 118-300(1) item 3
Copyright Act 1968
Freedom of Information Act 1982
TAA 1953 Part IVAAA

Case References:
FCT v. Myer Emporium Ltd
(1987) 163 CLR 199
18 ATR 693
(1987) 87 ATC 4363

AAT case 7133, 1991
22 ATR 3290
91 ATC 355

CR 2004/14W history

	Date:	Version:	Change:
	1 July 2000	Original ruling
You are here	1 July 2005	Withdrawn

Copyright notice

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