Product Ruling PR 2007/68W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2007/68 is withdrawn with effect from today. 1. Product Ruling PR 2007/68 set out the Commissioner's view on the income tax consequences for entities participating in the Macquarie Geared Equity Investment plus. 2. Product Ruling 2007/68 is withdrawn because it is replaced by Product Ruling PR 2008/59 which takes into account the scheme's updated Product Disclosure Statement. Commissioner of Taxation 23 July 2008 Not previously issued as a draft

Related rulings: TD 95/33
Legislative references: ITAA 1936 51AAA ITAA 1936 82KL ITAA 1936 Pt III Div 3 Subdiv H ITAA 1936 82KZL(1) ITAA 1936 82KZL(2)(a) ITAA 1936 82KZM ITAA 1936 82KZMA ITAA 1936 82KZMD ITAA 1936 82KZME ITAA 1936 82KZME(4) ITAA 1936 82KZME(5) ITAA 1936 82KZME(5)(b)(ii) ITAA 1936 82KZMF ITAA 1936 Pt IVA ITAA 1997 8-1 ITAA 1997 104-10 ITAA 1997 104-25(1)(c) ITAA 1997 104-25(3) ITAA 1997 104-40 ITAA 1997 110-25(2) ITAA 1997 110-25(6) ITAA 1997 110-55(2) ITAA 1997 134-1(1) ITAA 1997 134-1(4) ITAA 1997 Div 247 ITAA 1997 247-20 ITAA 1997 247-20(3) ITAA 1997 247-20(6) ITAA 1997 Subdiv 328-F ITAA 1997 Subdiv 328-G TAA 1953 TAA 1953 Sch 1 357-75(1) Copyright Act 1968 SISA 1993
Subject references: debt deductions financial products interest expense prepaid expense tax avoidance