Product Ruling PR 2001/142W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2001/142 is withdrawn with effect from today. 1. PR 2001/142 set out the Commissioner's opinion on the way in which certain tax laws apply to Growers who took part in the WRF Kangaroo Island Plantations 2002 ('the 2002 Project'). This Ruling applied to Growers who were accepted to participate in the Project between 31 October 2001 and 30 June 2002. 2. Following a special resolution of the Growers in the WRF Kangaroo Island Plantations Project ('the 2000 Project') and the 2002 Project, the 2000 Project was merged with the 2002 Project. 3. That special resolution affects all Growers in the 2000 Project and the 2002 Project. Product Ruling PR 2002/64 which relates to the 2002 Project is also being withdrawn from today. 4. The merged arrangement is dealt with in Product Ruling PR 2003/48 which issues today. Commissioner of Taxation 25 June 2003 This Ruling has been replaced by PR 2003/48.

Related rulings: PR 1999/95 PR 2000/71 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: TAA 1953 Part 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 Div 2 of Part III ITAA 1936 Part IVA ITAA 1936 177A ITAA 1936 177C ITAA 1936 177D ITAA 1936 177D(b) 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 328-105 ITAA 1997 328-105(1)(a) ITAA 1997 328-105(1)(b) ITAA 1997 Div 328 ITAA 1997 Div 328-F ITAA 1997 Div 328-G
Case references: FCT v. Lau 84 ATC 4929 16 ATR 55
Subject references: carrying on a business commencement of business primary production primary production expenses management fee expenses producing assessable income product rulings public rulings schemes and shams taxation administration tax avoidance tax benefits under tax avoidance tax shelters