Have your say: Draft Taxation Ruling TR 2012/D2

| April 18, 2012

You are invited to comment on whether or not amounts received in respect of legal costs incurred in disputes concerning termination of employment can be included in assessable income.

Submissions close: 16 May 2012.

The ATO recently released for public consultation a draft of Taxation Ruling TR 2012/D2 related to income tax. You can comment on the draft ruling, including the proposed date of effect.

A copy of the draft ruling and further information in regard to the online consultation can be found here