Product Ruling PR 1999/28W
Status: withdrawn








Withdrawal notice: Product Ruling PR 1999/28 is withdrawn with effect from today.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 7 November 2001

Related rulings: IT 2001 TR 92/1 TR 92/20 TR 94/25 TR 95/33 TR 97/11 TR 97/16 PR 98/1 TD 93/34
Legislative references: ITAA36 82KL ITAA36 82KL(1) ITAA36 82KZM ITAA36 Pt IVA ITAA36 177A ITAA36 177C ITAA36 177D ITAA97 6-5 ITAA97 8-1 ITAA97 8-1(1)(a) ITAA97 8-1(1)(b) ITAA97 8-1(2) ITAA97 Div 35 ITAA97 35-10 ITAA97 35-10(2) ITAA97 35-10(4) ITAA97 35-30 ITAA97 35-35 ITAA97 35-40 ITAA97 35-45 ITAA97 35-55 ITAA97 35-55(1) ITAA97 35-55(1)(b) ITAA97 35-55(2) ITAA97 Pt 2-25 ITAA97 Pt 3-1 ITAA97 118-25(1)(a) TAA 1953 Pt IVAAA Copyright Act 1968
Case references: Coles Myer Finance Ltd v. Federal Commissioner of Taxation (1993) 176 CLR 640 (1993) 25 ATR 95 93 ATC 4214
Subject references: carrying on a business commencement of business fee expenses interest expenses management fee 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