Product Ruling PR 2002/140W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2002/140 is withdrawn with effect from today. This Ruling sets out the Commissioner's opinion on the way in which certain tax laws apply to persons who take part in the Northern Softwood Project 2003 ('the Project'). Product Ruling PR 2002/140 applies to persons who were accepted to participate in the Project between 4 December 2002 and on or before 28 June 2003. As minimum subscription was not achieved by 28 June 2003, there is no class of persons to whom this Ruling can apply. Accordingly this Ruling is now withdrawn. Commissioner of Taxation 31 March 2004

Related rulings: PR 1999/95 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: 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 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) ITAA 1936 Div 3 of Part III ITAA 1936 Subdiv H of Div 3 of Part III ITAA 1936 82KH(1) ITAA 1936 82KH(1F)(b) ITAA 1936 82KL ITAA 1936 82KL(1) 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) TAA 1953 Part IVAAA Corporations Act 2001 761G Corporations Act 2001 761G (7)(a) Corporations Act 2001 761G (7)(c) Corporations Act 2001 761G (7)(d) Copyright Act 1968
Case references: FCT v. Lau 84 ATC 4929 16 ATR 55
Subject references: carrying on a business commencement of business fee expenses horticulture management fees expenses primary production primary production expenses primary production income producing assessable income product rulings public rulings schemes and shams tax administration tax avoidance tax benefits under tax avoidance schemes tax shelters tax shelters project