Product Ruling PR 1999/21W
Status: withdrawn
Date of withdrawal: 17 May 2001







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 This Product Ruling has been withdrawn on 17 May 2001 and replaced by PR 2000/58. Commissioner of Taxation 12 May 1999 No draft issued This Ruling has been replaced by PR 2000/58.

Related rulings: PR 98/1 TR 92/1 TR 97/11 TR 97/16 TD 93/34
Legislative references: ITAA1936 51(1) ITAA1936 82KH(1) ITAA1936 82KH(1F)(b) ITAA1936 82KL ITAA1936 82KL(1) ITAA1936 82KZM ITAA1936 Pt IVA ITAA1936 177A ITAA1936 177C ITAA1936 177D ITAA1997 8-1 ITAA1997 8-1(2)(a) ITAA1997 387-B ITAA1997 387-125 ITAA1997 387-C ITAA1997 387-165 ITAA1997 387-185
Case references: Ronpibon Tin v. FC of T (1949) 78 CLR 47 8 ATD 431
Subject references: carrying on a business commencement of business fee expenses interest expenses management fees expenses primary production primary production expenses producing assessable income product rulings public rulings schemes and shams taxation administration tax avoidance tax benefits under tax avoidance schemes tax shelters tax shelters project