Product Ruling PR 2002/71W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2002/71 is withdrawn with effect from today. 1. Product Ruling PR 2002/71 dealt with the income tax consequences of taxpayers investing in the Project, by entering into a Project Agreement, for the purpose of commercially growing Pinus radiata for harvest and selling of timber. 2. The Product Ruling has no application to investors as the project did not proceed. Product Ruling PR 2002/71 does not rule on the income tax consequences for any taxpayer. Commissioner of Taxation 23 July 2003

Related rulings: PR 1999/95 PR 2001/20 TR 92/1 TR 92/20 TR 97/11 TR 97/16 TR 98/22 TR 2000/8 TD 93/34 IT 360
Legislative references: TAA 1953 Part IVAAA ITAA 1936 82KL ITAA 1936 82KZL ITAA 1936 82KZL(1) ITAA 1936 82KZME ITAA 1936 82KZME(1) ITAA 1936 82KZME(2) ITAA 1936 82KZME(3) ITAA 1936 82KZME(4) ITAA 1936 82KZME(7) ITAA 1936 82KZMF ITAA 1936 82KZMF(1) ITAA 1936 82KZMG ITAA 1936 82KZMG(1) ITAA 1936 82KZMG(2) ITAA 1936 82KZMG(3) ITAA 1936 82KZMG(4) ITAA 1936 82KZMG(5) ITAA 1936 Part IVA ITAA 1936 177A ITAA 1936 177C ITAA 1936 177D ITAA 1936 177D(b) ITAA 1997 6-5 ITAA 1997 8-1 ITAA 1997 17-5 ITAA 1997 Div 27 ITAA 1997 Div 35 ITAA 1997 35-10 ITAA 1997 35-10(2) ITAA 1997 35-10(3) ITAA 1997 35-10(4) ITAA 1997 35-30 ITAA 1997 35-35 ITAA 1997 35-40 ITAA 1997 35-45 ITAA 1997 35-55 ITAA 1997 35-55(1) ITAA 1997 35-55(1)(a) ITAA 1997 35-55(1)(b) ITAA 1997 35-55(2) ITAA 1997 328-105 ITAA 1997 328-105(1)(a) ITAA 1997 Div 328 ITAA 1997 Subdiv 328-F ITAA 1997 Subdiv 328-G Copyright Act 1968
Case references: FCT v. Lau 84 ATC 4929
Subject references: carrying on a business commencement of business primary production primary production expenses management fee expenses producing assessable income product rulings public rulings schemes and shams taxation administration tax avoidance tax benefits under tax avoidance schemes tax shelters