Withdrawal - Income tax: foreign income: does a voluntary payment made to a taxing authority exclude income from designated concession income as described in Income Tax Regulation 152D?

This draft Taxation Determination set out the Commissioner's view on whether a voluntary payment constituted a payment of tax for the purposes of determining whether income or profits were eligible designated concession income for the purposes of former Regulation 152C.

The legislation dealt with in TD 94/D84 has been repealed and the interpretative issue is no longer relevant.