Taxation Ruling

IT 2120W - Notice of Withdrawal

Income tax: decentralisation incentives - interest free loans

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

FOI status:

May be released

NOTICE OF WITHDRAWAL

Taxation Ruling IT 2120 has been withdrawn.

The Ruling applied to the granting of a 30 year interest free loan by the Victorian Government to a taxpayer for an amount equivalent to 75% of (assessable) statutory rebate entitlements forgone by the taxpayer.

The scheme was effectively discontinued a number of years ago.

Commissioner of Taxation
24/11/94

References


BO Canit2120

ISSN 0813 - 3662

Related Rulings/Determinations:

IT 2120

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).