Product Ruling PR 1999/1W
Status: withdrawn








Withdrawal notice: Product Ruling PR 1999/1 is withdrawn with effect from today. We have reviewed the Hillston Grove Vineyards Project and determined that the arrangement, as implemented, is materially different on a number of grounds from that described in the Ruling, including: As a result there is no class of persons to whom the Ruling applies. Commissioner of Taxation 9 August 2000

Related rulings: PR 1998/1 TR 92/1 TR 97/11 TR 97/16 TD 93/34
Legislative references: ITAA36 82KL ITAA36 82KZM ITAA36 Pt IVA ITAA36 177A ITAA36 177C ITAA36 177D ITAA97 8-1
Subject references: carrying on a business commencement of business fee expenses interest expenses management fees 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