Draft Taxation Determination

TD 2006/D5ER - Erratum

Income tax: where there is a disposal of foreign currency or a right to receive foreign currency and forex realisation event 1 happens, is the amount attributable to a currency exchange rate effect determined by subtracting the non-forex component of the capital gain (or loss) from the overall capital gain (or loss)?

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FOI status:

Notice of Erratum

This Erratum amends Taxation Determination TD 2006/D5 to correct the date of issue.

TD 2006/D5 is corrected as follows:

1. Date of issue

Delete '18 January 2005', substitute '18 January 2006'.

This Erratum applies on and from 18 January 2006.

Commissioner of Taxation
8 March 2006

References

ATO references:
NO 2005/18404

Related Rulings/Determinations:

TD 2006/32
TD 2006/D5