A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
PDF Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

Taxation Ruling

IT 238W - Notice of Withdrawal


Locust fighting fund - deduction for contributions



Notice of Withdrawal

Taxation Ruling IT 238 is withdrawn with effect from today.

1. IT 238 states that gifts made to the Locust Fighting Fund are not deductible under paragraph 78(1)(a) of the Income Tax Assessment Act 1936 (ITAA 1936) but may be deductible under subsection 51(1) of the ITAA 1936 if the taxpayer is engaged in a business of farming crops which could be damaged by locusts.

2. Specific deductions for gifts or contributions are now dealt with under Division 30 of the Income Tax Assessment Act 1997.

3. IT 238 has no ongoing relevance, and is therefore withdrawn without replacement.

Commissioner of Taxation

19 April 2017

© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA

You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).

References

ATO references:
NO  1-9N72KXS

ISSN: 2205-6122

Related Rulings/Determinations:
IT 238

 


Top of page
More information on page