Product Ruling PR 2000/77W
Status: withdrawn







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, Previous Rulings, 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 This Product Ruling is withdrawn and ceases to have effect after 30 June 2003. 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, who entered into the specified arrangement 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 21 June 2000 Not previously issued in draft form

Related rulings: TR 92/20 TR 97/11 TR 98/22 TD 93/34
Legislative references: ITAA 1997 6-5 ITAA 1997 8-1 ITAA 1997 27-5 ITAA 1997 27-30 ITAA 1997 42-15 ITAA 1997 42-125 ITAA 1997 42-160 ITAA 1997 42-165 ITAA 1997 42-345 ITAA 1997 387-125 ITAA 1997 Subdiv. 960-Q ITAA 1997 387-305 ITAA 1997 960-335 ITAA 1997 960-340 ITAA 1997 960-345 ITAA 1997 960-350 ITAA 1936 82KJ ITAA 1936 82KK ITAA 1936 82KL ITAA 1936 82KZM
Case references: Fletcher & Anor v. FC of Taxation 91 ATC 4950
Subject references: carrying on a business commencement of business primary production primary production expenses management fee expenses producing assessable income product rulings product rulings public rulings schemes and shams taxation administration tax avoidance tax benefits under tax avoidance schemes tax shelters