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20 Oct 11 Withdrawal Notice IT 2355W: Donation of moneys "blocked" in developing countries to an Australian overseas aid fund

On 19 October 2011, the ATO issued Withdrawal Notice IT 2355W, withdrawing with effect from the same day IT 2355 entitled "Income tax: donation of moneys "blocked" in developing countries to an Australian overseas aid fund". The guidance provided in the Ruling can be arrived at on a straightforward application of the provisions in Division 30 of ITAA 1997.

 


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