Foreign government pensions paid to Australian residents – IT 2665 withdrawn
19 Apr 2012
On 18 April 2012 the ATO withdrew income tax ruling IT 2665, with effect from that date. The ruling is about the tax treatment of certain government pensions paid from Sweden, Denmark, Finland, the Netherlands or Malaysia to Australian residents.
The ruling is no longer current, because it refers to the foreign tax credit system, which was repealed and replaced by the Foreign Income Tax Offset System, with effect from 24 September 2007. Further, a new Australia-Finland Double Taxation Agreement entered into force on 10 November 2007.