Addendum to TD 92/162 (deductibility of cost of a corporate box with associated advertising signs)
29 Apr 2010
On 28 April 2010, the ATO issued an Addendum to TD 92/162 (Income tax: is the cost of a corporate box with associated advertising signs allowable as a deduction?) to reflect the changes to the law caused by the repeal of inoperative provisions.
Th Addendum applies on and from 14 September 2006. This date being the date of the repeal of ss 51 and 51AE of the ITAA 1936 by the Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006.
For a copy of TD 92/162A1, go here