Product Ruling PR 2003/53W
Status: withdrawn







The number, subject heading, and the What this Product Ruling is about (including Tax law(s), Class of persons and Qualifications sections), Date of effect, Withdrawal, Arrangement and Ruling parts of this document are a 'public ruling' in terms of Part IVAAA of the Taxation Administration Act 1953. Product Ruling PR 1999/95 explains Product Rulings and Taxation Rulings TR 92/1 and TR 97/16 together explain when a Ruling is a public ruling and how it is binding on the Commissioner.

Withdrawal notice: 1. This Product Ruling is withdrawn and ceases to have effect after 30 June 2007. The Ruling continues to apply, in respect of the tax laws ruled upon, to all persons within the specified class who enter into the specified arrangement during the term of the Ruling. Thus, the Ruling continues to apply to those persons, even following its withdrawal, who entered into the specified arrangement prior to withdrawal of the Ruling. This is subject to there being no material difference in the arrangement or in the persons' involvement in the arrangement. Commissioner of Taxation 27 August 2003 Not previously released in draft form.

Related rulings: TR 92/1 TR 92/20 TR 97/16 TD 93/34 TD 2000/32 PR 1999/95
Legislative references: TAA 1953 Part IVAAA ITAA 1936 Pt IVA ITAA 1997 Division 104 ITAA 1997 104-70 ITAA 1997 110-25 Copyright Act 1968
Subject references: capital gains tax cost base financial products product rulings public rulings taxation administration tax avoidance