Notice of Withdrawal - Income tax: compensation payments for personal injury

Draft Taxation Ruling TR 94/D20: 'Income tax: compensation payments for personal injury' is withdrawn with effect from today.

Since the draft ruling was released many other issues have been raised which indicate that the topic is broader than that addressed in the draft ruling. As a result, Pre-ruling Consultative Document PCD 10 is being released today. A further Draft Ruling will then be prepared.