Product Ruling PR 1999/72 PR 1999/72
Status: withdrawn








Withdrawal notice: Product Ruling PR 1999/72 is withdrawn with effect from today. An Addendum on the application of the Non Commercial loss provisions has issued and the Project is no longer being sold. Commissioner of Taxation 27 June 2001

Related rulings: PR 98/1 TR 92/1 TR 92/20 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 ITAA1936 177D(b) ITAA1997 6-5 ITAA1997 8-1 ITAA1997 Div 35 ITAA1997 35-10 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 Subdiv 387-A ITAA1997 Subdiv 387-B ITAA1997 Subdiv 387-C ITAA1997 387-55 ITAA1997 387-60 ITAA1997 387-125 ITAA1997 387-130 ITAA1997 387-165 ITAA1997 387-170 ITAA1997 387-170(3) ITAA1997 387-185 ITAA1997 387-210 TAA 1953 Pt IVAAA Copyright Act 1968
Case references: Amalgamated Zinc (de Bavay's) Ltd v. FC of T (1935) 54 CLR 295
Subject references: carrying on a business commencement of business fee expenses interest 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