Product Ruling PR 1999/62W
Status: withdrawn
Date of withdrawal: 30 January 2002







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 This Product Ruling has been withdrawn on 30 January 2002 and replaced by PR 2002/9. Commissioner of Taxation 16 June 1999 This Rulng has been replaced by PR 2002/9

Related rulings: IT 175 PR 98/1 TR 92/1 TR 92/20 TR 97/11 TR 97/16 TR 98/22 TD 93/34
Legislative references: ITAA 1936 82KH(1) ITAA 1936 82KH(1F)(b) ITAA 1936 82KL ITAA 1936 82KZM ITAA 1936 Pt IVA ITAA 1936 177A ITAA 1936 177C ITAA 1936 177D ITAA 1936 318 ITAA 1997 6-5 ITAA 1997 8-1 ITAA 1997 8-1(1)(a) ITAA 1997 8-1(1)(b) ITAA 1997 8-1(2) ITAA 1997 42-15 ITAA 1997 42-160 ITAA 1997 42-165 ITAA 1997 Pt 3-1 ITAA 1997 100-55 ITAA 1997 116-30 ITAA 1997 387-55 ITAA 1997 387-B ITAA 1997 387-125 ITAA 1997 387-130 ITAA 1997 387-C ITAA 1997 387-165 ITAA 1997 387-170 ITAA 1997 387-170(3) ITAA 1997 387-175 ITAA 1997 387-185 ITAA 1997 387-210 ITAA 1997 387-D ITAA 1997 388-55 ITAA 1997 995-1(1)
Case references: Coles Myer Finance Ltd v. Federal Commissioner of Taxation (1993) 176 CLR 640 93 ATC 4214 (1993) 25 ATR 95
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