Product Ruling PR 2002/105W
Status: withdrawn







Preamble: 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 This Product Ruling is withdrawn and ceases to have effect after 30 June 2005. The Ruling continues to apply, in respect of the tax law(s) 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 change in the arrangement or in the persons' involvement in the arrangement. Commissioner of Taxation 31 July 2002 Not previously issued in draft form.

Related rulings: PR 1999/95 TR 92/1 TR 92/20 TR 97/11 TR 97/16 TR 98/22 TD 93/34 TR 2000/8
Legislative references: 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 Div 40 ITAA 1997 40-F ITAA 1997 40-515 ITAA 1997 40-515(1)(a) ITAA 1997 40-520(1) ITAA 1997 40-540 ITAA 1997 Div 328 ITAA 1997 328-105(1)(a) ITAA 1997 328-D ITAA 1997 Subdiv 328-F ITAA 1997 Subdiv 328-G TAA 1953 Pt IVAAA ITAA 1936 Pt III - Div 3 ITAA 1936 82KL 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 82 KZMG(1) ITAA 1936 82 KZMG(2) ITAA 1936 82 KZMG(3) ITAA 1936 82 KZMG(4) ITAA 1936 82 KZMG(5) ITAA 1936 Pt IVA ITAA 1936 177A ITAA 1936 177C ITAA 1936 177D ITAA 1936 177D(b) Copyright Act 1968
Case references: FCT v Lau 84 ATC 4929 16 ATR 55
Subject references: advance deductions and expenses for certain forestry expenditure afforestation expenses carrying on a business commencement of business fee expenses forestry forestry agreement interest expenses management fees plantation forestry primary production primary production expenses producing assessable income product rulings public rulings schemes and shams seasonally dependent agronomic activity taxation administration tax avoidance tax benefits under tax avoidance schemes tax shelters tax shelters project timber industry