Draft Taxation Determination

TD 94/D47W - Withdrawal

Income tax: can a life assurance company claim a deduction or loss for Agency Development Loans it has written off?

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

FOI status:

may be released

Notice of Withdrawal

Draft Taxation Determination TD94/D47 is withdrawn with effect from today.

The ATO view on circumstances under which Agency Development Loans that have been made and are then forgiven or written-off may be allowable as a deduction to life assurance companies is contained in Taxation Ruling TR 2001/9.

Commissioner of Taxation
15 January 2003

References

ATO references:
NO T2001/014151

ISSN: 1038 - 8982

Related Rulings/Determinations:

TD 94/D47

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).