Taxation Ruling
IT 2549W - Notice of Withdrawal
Income tax: car expenses: taxpayer retention of car records
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Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:
may be releasedNOTICE OF WITHDRAWAL
Taxation Ruling IT 2549 is no longer current and is therefore withdrawn.
The Ruling sets out the Commissioner's policy in respect of the form in which car records must be kept where the log book method is used to substantiate car expenses claimed. The definition of 'car records' in section 82KT of the Income Tax Assessment Act 1936 required the details to be maintained in a form approved by the Commissioner. Section 28-125 of the Income Tax Assessment Act 1997 sets out the information that must be recorded in the log book. There is no longer a requirement that the Commissioner approve the form in which the records are kept.
Commissioner of Taxation
15/10/97
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