Taxation Ruling

TR 93/D28W - Notice of Withdrawal

Income tax: foreign exchange gains and losses of a capital nature - foreign currency bank accounts

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

FOI status:

may be released

Notice of Withdrawal

Draft Taxation Ruling TR 93/D28: Income tax: foreign exchange gains and losses of a capital nature - foreign currency bank accounts, has been withdrawn.

The Draft Ruling is withdrawn because it is predicated on Taxation Ruling TR 93/8, which was withdrawn following the decision of the High Court in FC of T v Energy Resources of Australia Limited 96 ATC 4536; (1996) 33 ATR 52. The case necessitates a review of matters addressed by TR93/8 and the Draft Ruling.

Commissioner of Taxation
6 November 1996

References

ATO references:
NO NAT 93/2964-1

Related Rulings/Determinations:

TR 93/D28