Product Ruling PR 2002/34W
Status: withdrawn







Preamble: The number, subject heading, and the What this Product Ruling is about (including Tax law(s), Class of persons and Qualifications sections), Date of effect, Withdrawal, Arrangement and Ruling parts of this document are a 'public ruling' in terms of Part IVAAA of the Taxation Administration Act 1953. Product Ruling PR 1999/95 explains Product Rulings and Taxation Rulings TR 92/1 and TR 97/16 together explain when a Ruling is a public ruling and how it is binding on the Commissioner.

Withdrawal notice: 1. This Product Ruling is withdrawn and ceases to have effect after 30 June 2004. The Ruling continues to apply, in respect of the tax laws ruled upon, to all persons within the specified class who enter into the arrangement specified below. Thus, the Ruling continues to apply to those persons, even following its withdrawal, who entered into the specified arrangement prior to withdrawal of the Ruling. This is subject to there being no change in the arrangement or in the person's involvement in the arrangement. Commissioner of Taxation 3 April 2002

Related rulings: TR 92/1 TR 92/20 TR 97/11 TR 97/16 TR 98/22 TR 2000/8 TD 93/34 IT 360 PR 1999/95
Legislative references: TAA 1953 Pt 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 177A ITAA 1936 177(b) ITAA 1936 177C ITAA 1936 177D ITAA 1936 Pt IVA ITAA 1936 Pt III, Div 3 ITAA 1936 SubDiv H 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 Div 328 ITAA 1997 SubDiv 328-F ITAA 1997 SubDiv 328-G ITAA 1997 328-105 ITAA 1997 328-105(1)(a) ITAA 1997 328-105(1)(b)
Case references: FCT v. Lau 84 ATC 4929 (1984) 16 ATR 55
Subject references: afforestation expenses carrying on a business commencement of business management fees expenses product rulings public rulings producing assessable income schemes and shams tax avoidance tax benefits under tax avoidance tax shelters tax shelters project taxation administration