Notice of Withdrawal of Rulings 12 December 2023
The Commissioner of Taxation, Chris Jordan, gives notice by notifiable instrument under subsection 358-20(1) of Schedule 1 to the Taxation Administration Act 1953 of the withdrawal of the following public ruling, a copy of which can be obtained from ato.gov.au/law
NOTICE OF WITHDRAWAL | ||
Ruling number | Subject | Brief description |
TD 95/60 | Income tax: are fees paid for obtaining investment advice an allowable deduction under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997) for taxpayers who are not carrying on an investment business? | TD 95/60 is withdrawn with effect from 13 December 2023. TD 95/60 is being replaced by draft Taxation Ruling TR 2023/D4 Income tax: deductions for financial advice fees paid by individuals who are not carrying on a business which will issue on 13 December 2023. |