Draft Taxation Determination

TD 94/D47W - Withdrawal

Income tax: can a life assurance company claim a deduction or loss for Agency Development Loans it has written off?

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

FOI status:

may be released

Notice of Withdrawal

Draft Taxation Determination TD94/D47 is withdrawn with effect from today.

The ATO view on circumstances under which Agency Development Loans that have been made and are then forgiven or written-off may be allowable as a deduction to life assurance companies is contained in Taxation Ruling TR 2001/9.

Commissioner of Taxation
15 January 2003

References

ATO references:
NO T2001/014151

Related Rulings/Determinations:

TD 94/D47