This final Taxation Ruling was issued on 31 May 2006. It was previously released in draft form as TR 2005/D17: see 2005 TAXVINE No 48 (14) (9 December 2005). Its full title is "Income tax: government payments to industry to assist entities (including individuals) to continue, commence or cease business". The Ruling applies to recipients of government payments to industry to assist the recipient to continue, commence or cease business. The Ruling does not apply to those exempt entities specified in s 11-15 of ITAA 1997.
For a copy of TR 2006/3, go here