| Disclaimer This edited version has been archived due to the length of time since original publication. It should not be regarded as indicative of the ATO's current views. The law may have changed since original publication, and views in the edited version may also be affected by subsequent precedents and new approaches to the application of the law. You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4. |
Edited version of your private ruling
Authorisation Number: 1051643207222
Date of advice: 4 March 2020
Subject: Payments made by an entity to certain individuals deductible
Please check this edited version to be sure there are no details remaining that you think may allow you to be identified. If you have any concerns, you will find our contact details in the fact sheet.
Ruling
Question
Are the payments made by an entity to certain individuals deductible under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997)?
Answer
No.
Question 2
If the payments are not deductible under section 8-1 of the ITAA 1997, are they deductible under any other provision of the ITAA 1997
Answer
No.