Product Ruling PR 1999/66W
Status: withdrawn








Withdrawal notice: Product Ruling PR 1999/66 is withdrawn with effect from today. The project did not proceed - no units were sold and no funds were received by the promoter. Commissioner of Taxation 23 August 2000

Related rulings: TR 92/1 TR 92/20 TR 97/11 TR 97/16 TR 98/22 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. Federal Commissioner of Taxation (1949) 78 CLR 47 (1949) 8 ATD 431
Subject references: carrying on a business commencement of business fee expenses interest expenses management fees expenses producing assessable income product rulings public rulings schemes and shams taxation administration tax avoidance