Product Ruling PR 2002/91W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2002/91 is withdrawn with effect from today. 1. The Product Ruling relates to the production of a documentary film which has a budgeted cost of $6,047,360. Under the proposed arrangement capital contributions equal to the production budget were to be raised on or before 30 June 2003. 2. The production budget was not achieved by 30 June 2003. There were no Investor contributions accepted and the production of the documentary film did not commence. Therefore the Ruling has no application to any Investors and is consequently withdrawn. Commissioner of Taxation 9 June 2004

Related rulings: PR 1999/95 TR 92/1 TR 92/20 TR 97/16 TR 98/22 TD 93/34 IT 2111
Legislative references: ITAA 1936 26AG ITAA 1936 26AG(9) ITAA 1936 Div 5 of Pt III ITAA 1936 Div 10BA ITAA 1936 124ZAA(1) ITAA 1936 124ZAA(6) ITAA 1936 124ZAB ITAA 1936 124ZAB(10) ITAA 1936 124ZAC ITAA 1936 124ZADA(1) ITAA 1936 124ZADA(2) ITAA 1936 124ZAFA ITAA 1936 124ZAFA(1)(a) ITAA 1936 124ZAFA(1)(b)(i) ITAA 1936 124ZAFA(1)(c)(i) ITAA 1936 124ZAFA(1)(c)(ii) ITAA 1936 124ZAFA(1)(d)(iii) ITAA 1936 124ZAFA(1)(d)(iv) ITAA 1936 124ZAFA(2) ITAA 1936 124ZAG ITAA 1936 124ZAJ ITAA 1936 124ZAJ(1) ITAA 1936 124ZAM ITAA 1936 124ZAM(1) ITAA 1936 124ZAM(2) ITAA 1936 124ZAM(3) ITAA 1936 124ZAO ITAA 1936 124ZAO(2) ITAA 1936 124ZAO(3) ITAA 1936 Part IVA ITAA 1936 177A ITAA 1936 177C ITAA 1936 177D ITAA 1936 204 ITAA 1997 8-1 ITAA 1997 Div 27 ITAA 1997 995-1 Corporation Act 2001 708(8) Corporation Act 2001 708(9) Corporation Act 2001 708(10) TAA 1953 Pt IVAAA TAA 1953 8AAG ANTS(GST)A 99 Div 11 Copyright Act 1968
Subject references: Australian films film income film industry interest expenses Product Rulings Public Rulings tax avoidance tax administration