Document ID: chunk:federal_register_of_legislation:C2004C01086:clause:3_170bdc
Version: federal_register_of_legislation:C2004C01086
Segment Type: clause
Provision Reference: sch 3 cl 170BDC
Character Range: 142926–143983

170BDC  Assessment of tax other than withholding tax if public, private and oral rulings conflict

 (1) In this section:

final tax has the same meaning as in section 170BA.

 (2) If:
 (a) there is a public ruling on the way in which an income tax law applies to a person in relation to an arrangement; and
 (b) there is a private ruling on the way in which the same income tax law applies to the same person in relation to the same arrangement; and
 (c) there is an oral ruling on the way in which the same income tax law applies to the same person in relation to the same arrangement; and
 (d) those ways are different;
the assessment and amount of final tax must be what they would be if the oral ruling had not been made.

 (3) Expressions used in paragraph (2)(a) have the same meanings as in section 170BA.

 (4) Expressions used in paragraph (2)(b) have the same meanings as in section 170BB.

 (5) Expressions used in paragraph (2)(c) have the same meanings as in Division 360 (Oral rulings) in Schedule 1 to the Taxation Administration Act 1953.