Product Ruling PR 2000/2W
Status: withdrawn







What this Product Ruling is about | 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: 9. This Product Ruling is withdrawn and ceases to have effect after 30 June 2000. The Ruling continues to apply, in respect of the tax law(s) ruled upon, to all persons within the specified class who enter into the specified arrangement during the term of the Ruling. Thus, the Ruling continues to apply to those persons, even following its withdrawal, for arrangements entered into prior to withdrawal of the Ruling. This is subject to there being no change in the arrangement or in the persons' involvement in the arrangement. Commissioner of Taxation 16 February 2000 Not previously issued in draft form

Related rulings: TR 92/1 TR 92/20 TD 93/34 TD 97/16 TD 98/22 PR 1999/95
Legislative references: ITAA1997 375-855 ITAA1997 375-855(2) ITAA1997 375-860 ITAA 1997 375-860(1) ITAA 1997 375-860(2) ITAA1936 Pt IVA ITAA1936 177A ITAA1936 177C ITAA1936 177D TAA 1953 Pt IVAAA Copyright Act 1968
Subject references: carrying on a business commencement of business fee expenses management fees 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