Taxation Ruling
IT 2366W - Withdrawal
Income tax: taxation (unpaid company tax): waiver of vendor recoupment tax where amount is less than $100
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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Taxation Ruling IT 2366 is withdrawn with effect from today.
1. Taxation Ruling IT 2366 is about waiving tax under subsections 5(4) and 6(18) of the Taxation (Unpaid Company Tax) Assessment Act 1982. Those subsections apply only to 'bottom of the harbour' schemes that were entered into before 4 December 1980.
2. IT 2366 was the subject of a Notice of Archival on 4 September 1996.
3. IT 2366 is now being withdrawn in accordance with paragraph 5 of Addendum No. 3 to Taxation Ruling IT 1 Taxation Ruling System: explanation and status, which states:
We will withdraw progressively all Rulings in the IT series for which we have issued Notices of Archival.
Commissioner of Taxation
17 May 2006