Taxation Determination TD 93/168







This Determination, to the extent that it is capable of being a 'public ruling' in terms of Part IVAAA of the Taxation Administration Act 1953 , is a public ruling for the purposes of that Part. Taxation Ruling TR 92/1 explains when a Determination is a public ruling and how it is binding on the Commissioner. Unless otherwise stated, this Determination applies to years commencing both before and after its date of issue. However, this Determination does not apply to taxpayers to the extent that it conflicts with the terms of a settlement of a dispute agreed to before the date of issue of the Determination (see paragraphs 21 and 22 of Taxation Ruling TR 92/20). | 1. Yes. Assets which fall within paragraph (a) or (b) of the definition of 'tainted asset" are tainted whether or not they are: | Commissioner of Taxation 26/8/93 | Previously issued as Draft TD 93/D156


Legislative references: ITAA 317
Subject references: Controlled Foreign Companies