Product Ruling PR 2007/28W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2007/28 is withdrawn with effect from today. 1. Product Ruling PR 2007/28 sets out the Commissioner's opinion on tax outcomes for a Home Owner who enters into a Shared Equity Contract between 4 April 2007 and 30 June 2007. 2. No Home Owner entered into a Shared Equity Contract and the Project did not proceed. Therefore, PR 2007/28 has no application as it does not rule on the tax outcomes for any entity. Commissioner of Taxation 29 August 2007

Legislative references: ITAA 1997 6-5 ITAA 1997 6-10 ITAA 1997 10-5 ITAA 1997 Pt 3-1 ITAA 1997 Div 102 ITAA 1997 102-5 ITAA 1997 Pt 3-1 ITAA 1997 Div 104 ITAA 1997 104-10 ITAA 1997 104-10(4) ITAA 1997 108-5(1) ITAA 1997 Div 118 ITAA 1997 Subdiv 118-B ITAA 1997 118-110 ITAA 1997 118-115 ITAA 1997 118-125 ITAA 1997 118-190 TAA 1953 TAA 1953 Sch 1 357-75(1) Copyright Act 1968
Case references: Commissioner of Taxation v. The Myer Emporium Ltd (1987) 163 CLR 199 (1987) 61 ALJR 270 (1987) 71 ALR 28 (1987) 87 ATC 4363 (1987) 18 ATR 693
Subject references: capital gains main residence product rulings public rulings ordinary income statutory income tax avoidance tax benefits under tax avoidance schemes tax shelters tax shelters project taxation administration