Product Ruling PR 1999/103W
Status: withdrawn








Withdrawal notice: Product Ruling PR 1999/103 is withdrawn with effect from today. The Project is no longer selling interests to the public as it is fully susbscribed. The Product Ruling only rules on the income tax consequences for those taxpayers who entered into the Project up to the date of its withdrawal. Commissioner of Taxation 28 March 2001

Related rulings: PR 1999/50 PR 1999/95 TR 92/1 TR 92/20 TR 97/16 TR 97/11 TR 98/22 TD 93/34
Legislative references: ITAA1936 82KL ITAA1936 82KZM ITAA1936 Part IVA ITAA1936 177A ITAA1936 177C ITAA1936 177D ITAA1997 8-1 ITAA1997 25-25 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) TAA 1953 Pt IVAAA Copyright Act 1968
Subject references: carrying on a business commencement of business fee expenses forestry interest expenses land clearing management fees expenses plantation forestry 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 timber industry