ATO Rulings and Determinations
Value of goods taken from stock
19.12.2008
A determination has been issued which provides an update of amounts that the Commissioner will accept as estimates of the value of goods taken from trading stock for private use by taxpayers in named industries (TD 2008/32). The updated amounts apply to the 2008-9 income year. The determination should be read with IT 2659 income tax: value of goods taken from stock for private use.
