EV 1052278386582currentnon-binding advice

Deductions of payment by a private company Summary The Commissioner has

Non-binding edited private advice. This is an edited version of private advice the ATO gave to a specific taxpayer about their own circumstances. You cannot rely on it — it is not binding and provides no protection for anyone else (see PS LA 2008/4). Use it as a guide to the ATO’s thinking, not as authority.

d a private ruling on whether a payment by a private company for services rendered is prima facie deductible under section 8-1 of the ITAA 1997, and if so, whether the amount of the deduction is limited by section 109 of the ITAA 1936.