Product Ruling PR 1999/41W
Status: withdrawn








Withdrawal notice: Product Ruling PR 1999/41 is withdrawn with effect from today. The Project is no longer selling any interests. The Product Ruling still rules on the income tax consequences for those taxpayers who entered the Project under the terms of the arrangement outlined in PR 1999/41. Commissioner of Taxation 14 November 2001

Related rulings: IT 175 PR 98/1 TR 92/1 TR 92/20 TR 94/25 TR 95/33 TR 97/11 TR 97/16 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 6-5 ITAA1997 8-1 ITAA1997 8-1(1)(a) ITAA1997 8-1(1)(b) ITAA1997 Div 35 ITAA1997 35-10 ITAA1997 35-10(2) ITAA1997 35-10(4) ITAA1997 35-30 ITAA1997 35-35 ITAA1997 35-40 ITAA1997 35-45 ITAA1997 35-55 ITAA1997 35-55(1) ITAA1997 35-55(1)(b) ITAA1997 35-55(2) ITAA1997 Div 42 ITAA1997 42-15 ITAA1997 42-125 ITAA1997 Pt 3-1 ITAA1997 Subdiv 387-B ITAA1997 387-125 ITAA1997 Sudbdiv 387-C ITAA1997 387-165 ITAA1997 387-185 TAA 1953 Pt IVAAA Copyright Act 1968
Case references: Fletcher & Ors v. FC of T (1991) 22 ATR 613 90 ATC 4559
Subject references: carrying on a business commencement of business fee 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