Taxation Ruling

IT 2346A - Addendum

Income tax : bonuses paid on certain life assurance policies - section 26AH - interpretation and operation

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

FOI status:

May be released

ADDENDUM

Preamble, lines 11-12; delete the words "at the rate of 30%".

The sentence now reads:

'Section 160AAB , inserted in the Assessment Act by the same amending Act, provides a rebate of tax in respect of amounts included as assessable income under section 26AH.'

Commissioner of Taxation
1/9/94

References


BO BRI 10/NR/B1149

ISSN 0813 - 3662

Related Rulings/Determinations:

IT 2346

Legislative References:
ITA 160AAB
ITA 26AH

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).