Product Ruling PR 2011/3W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2011/3 is withdrawn with effect from today. 1. Product Ruling PR 2011/3 set out the Commissioner's opinion on the tax consequences for persons participating in the Arafura Pearl Project 2011 (the Project) by entering into a management agreement for the purpose of carrying on a commercial aquaculture project. 2. No applications were accepted and the Project did not proceed. PR 2011/3 has no application as it does not rule on the tax consequences for any taxpayer. Commissioner of Taxation 22 June 2011