Skip to main content
shopping_cart

Your shopping cart is empty

02 Feb 12 Erratum to TD 2007/28 (Div 7A present legal obligation)

On 1 February 2012, the ATO issued Erratum TD 2007/28ER to Taxation Determination TD 2007/28 (Income tax: what is a "present legal obligation" of a private company for the purposes of s 109Y(2) of Division 7A of Part III of ITAA 1936?)

The Erratum corrects Taxation Determination TD 2007/28 to correct the distributable surplus formula in paragraph 9 to add "Division 7A amounts" to "Net assets" instead of subtracting them.

 


Media Release Search
Keywords
Eg. TD 2005/D52 ALL words EXACT phrase WITHOUT words Date range
From To