Taxation Determination

TD 94/40A - Addendum

Income tax: life assurance: are any of the premiums paid by an employer under a 'split purpose' insurance arrangement an allowable deduction?

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FOI status:

may be released

ADDENDUM

This Addendum amends Taxation Determination TD 94/40, in relation to the 1997-98 or a later income year, as follows:

1. At Paragraph 9

Include after the words 'section 67AAA'the following words 'of the Income Tax Assessment Act 1936 ('the 1936 Act')'.

2. At the Legislative references

Omit 'ITAA 51(1)'; substitute 'ITAA 1936 51(1)'.

Omit 'ITAA 67AAA'; substitute 'ITAA 1936 67AAA'.

Commissioner of Taxation
18 August 1999

References

ATO references:
NO NAT 99/10494-5

Related Rulings/Determinations:

TD 94/40