Taxation Ruling
IT 2120W - Notice of Withdrawal
Income tax: decentralisation incentives - interest free loans
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Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:
May be releasedNOTICE OF WITHDRAWAL
Taxation Ruling IT 2120 has been withdrawn.
The Ruling applied to the granting of a 30 year interest free loan by the Victorian Government to a taxpayer for an amount equivalent to 75% of (assessable) statutory rebate entitlements forgone by the taxpayer.
The scheme was effectively discontinued a number of years ago.
Commissioner of Taxation
24/11/94