Taxation Ruling

TR 93/D28W - Notice of Withdrawal

Income tax: foreign exchange gains and losses of a capital nature - foreign currency bank accounts

  • Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

Notice of Withdrawal

Draft Taxation Ruling TR 93/D28: Income tax: foreign exchange gains and losses of a capital nature - foreign currency bank accounts, has been withdrawn.

The Draft Ruling is withdrawn because it is predicated on Taxation Ruling TR 93/8, which was withdrawn following the decision of the High Court in FC of T v Energy Resources of Australia Limited 96 ATC 4536; (1996) 33 ATR 52. The case necessitates a review of matters addressed by TR93/8 and the Draft Ruling.

Commissioner of Taxation
6 November 1996

References

ATO references:
NO NAT 93/2964-1

ISSN: 1039 - 0731

Related Rulings/Determinations:

TR 93/D28

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

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