IT 2234W - Notice of Withdrawal
Income tax : business of primary production
Notice of Withdrawal
Taxation Ruling IT 2234 is withdrawn with effect from today.
1. IT 2234 deals with former subsection 51(1) of the Income Tax Assessment Act 1936 in relation to primary production. It explains the decision in Federal Commissioner of Taxation v. Walker (1985) 79 FLR 161; (1085) 16 ATR 331; (1985) 85 ATC 4179 ( Walker's case ) in relation to the carrying on a business of primary production.
2. Walker's case is discussed in Taxation Ruling TR 97/11.
3. IT 2234 has no ongoing relevance, and is therefore withdrawn without replacement.
Commissioner of Taxation
5 April 2017
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