Taxation Ruling

TR 93/5W

Income tax: foreign tax credit system - taxation of Australian resident members of Lloyd's of London

  • Please note that the PDF version is the authorised version of this withdrawal notice.
    This document has changed over time. View its history.

FOI status:

may be released

Notice of Withdrawal

Taxation Ruling TR 93/5 is withdrawn with effect from today.

TR 93/5 is withdrawn because it no longer represents the way all Australian members of Lloyd's of London are treated for Australian income tax purposes. Changes at Lloyd's of London since the Ruling was originally issued have meant that certain statements in the Ruling are now out of date.

In view of the small number of existing individual Australian members, the fact that there are to be new no members and that all existing individual members will cease to be members from 2005, it is not proposed to issue a replacement ruling.

Related Rulings also withdrawn today are IT 2610, IT 2638 and TR 93/41.

Commissioner of Taxation
28 February 2003

References

ATO references:
NO 2002/011971

ISSN: 0813-3662
TR 93/5W history
  Date: Version: Change:
  14 January 1993 Original ruling  
You are here 28 February 2003 Withdrawn  

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).