Taxation Ruling

IT 326W - Notice of Withdrawal

Metal trades industry - assessability of payments for accumulated "rostered day-off time" made on termination of employment - whether payments subject to tax instalment deductions

  • 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Taxation Ruling IT 326 is withdrawn with effect from today.

1. Taxation Ruling IT 326 explains how these payments are assessed under paragraph 26(d) of the Income Tax Assessment Act 1936 (ITAA 1936).

2. Paragraph 26(d) of the ITAA 1936 was repealed with effect from 13 October 1978. The Ruling is no longer current.

Commissioner of Taxation
8 November 2006

References

ATO references:
NO 2005/18404

ISSN 0813-3662

Related Rulings/Determinations:

IT 326

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