Product Ruling PR 2002/73W
Status: withdrawn


Class of entities or scheme: FOI status:






Withdrawal notice: Product Ruling PR 2002/73 is withdrawn with effect from today. Product Ruling PR 2002/73 dealt with the income tax consequences of taxpayers investing in the Project, by entering into a Management and Licence Agreement, for the purposes of commercially growing and cultivating Paulownia trees to produce timber products. The Project did not proceed and deregistration of the Project has been approved by ASIC. All subscription moneys have been returned to investors. Product Ruling PR 2002/73 does not rule on the income tax consequences for any taxpayer. Commissioner of Taxation 18 June 2003 This Ruling has been previously released as PR 2001/171

Related rulings: TR 92/1 TR 92/20 TD 93/34 TR 97/11 TR 97/16 TR 98/22 TR 2000/8 PR 1999/95 PR 2001/171 IT 360
Legislative references: TAA 1953 Part IVAAA ITAA 1936 Div 3 of Part III ITAA 1936 82KL ITAA 1936 82KL(1) ITAA 1936 82KZL ITAA 1936 82KZL(1) ITAA 1936 82KZME ITAA 1936 82KZME(1) ITAA 1936 82KZME(2) ITAA 1936 82KZME(3) ITAA 1936 82KZME(4) ITAA 1936 82KZME(7) ITAA 1936 82KZMF ITAA 1936 82KZMF(1) ITAA 1936 82KZMG ITAA 1936 82KZMG(1) ITAA 1936 82KZMG(2) ITAA 1936 82KZMG(3) ITAA 1936 82KZMG(4) ITAA 1936 82KZMG(5) ITAA 1936 Pt IVA ITAA 1936 177A ITAA 1936 177C ITAA 1936 177D ITAA 1936 177D(b) ITAA 1997 6-5 ITAA 1997 8-1 ITAA 1997 17-5 ITAA 1997 Div 27 ITAA 1997 Div 35 ITAA 1997 35-10 ITAA 1997 35-10(2) ITAA 1997 35-10(3) ITAA 1997 35-10(4) ITAA 1997 35-30 ITAA 1997 35-35 ITAA 1997 35-40 ITAA 1997 35-45 ITAA 1997 35-55 ITAA 1997 35-55(1) ITAA 1997 35-55(1)(a) ITAA 1997 35-55(1)(b) ITAA 1997 35-55(2) ITAA 1997 Div 328 ITAA 1997 Subdiv 328-F ITAA 1997 Subdiv 328-G ITAA 1997 328-105 ITAA 1997 328-105(1)(a) ITAA 1997 328-105(1)(b)
Case references: FCT v. Lau 84 ATC 4929 16 ATR 55
Subject references: carrying on a business commencement of business fee expenses interest expenses management fee expenses producing assessable income product rulings public rulings schemes and shams taxation administration tax avoidance