S 170BDA repealed by No 161 of 2005, s 3 and Sch 2 item 5, applicable to things done on or after 1 January 2006. S 170BDA formerly read:
SECTION 170BDA ASSESSMENT OF TAX OTHER THAN WITHHOLDING TAX IF PUBLIC AND ORAL RULINGS CONFLICT
170BDA(1) In this section:
final tax has the same meaning as in section
(a) there is a public ruling on the way in which an income tax law applies to a person in relation to an arrangement; and
(b) there is an oral ruling on the way in which the same income tax law applies to the same person in relation to the same arrangement; and
(c) those ways are different; and
(d) apart from this section, because of there being those different ways, there are conflicting requirements under section
of what the assessment and amount of final tax in relation to that person are to be;
the assessment and amount of final tax must be what they would be if that law so applied in whichever of those ways would result in the lowest amount of final tax.
170BDA(3) Expressions used in paragraph (2)(a) have the same meanings as in section
170BDA(4) Expressions used in paragraph (2)(b) have the same meanings as in Division
(Oral rulings) in Schedule
Taxation Administration Act 1953
S 170BDA inserted by No 179 of 1999.