Product Ruling PR 2001/73W
Status: withdrawn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 This Product Ruling is withdrawn and ceases to have effect after 30 June 2004. 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 23 May 2001

Related rulings: TR 92/1 TR 92/20 TR 93/34 TR 94/13 TR 97/11 TR 97/16 PR 1999/95 PR 1999/27 PR 2000/47
Legislative references: ITAA 97 6-5 ITAA 97 8-1 ITAA 97 8-1(2)(a) ITAA 97 17-5 ITAA 97 Div 27 ITAA 97 27-5 ITAA 97 27-30 ITAA 97 35-10 ITAA 97 35-10(2) ITAA 97 35-10(3) ITAA 97 35-10(4) ITAA 97 35-30 ITAA 97 35-35 ITAA 97 35-40 ITAA 97 35-45 ITAA 97 35-55 ITAA 97 35-55(1) ITAA 97 35-55(1)(a) ITAA 97 35-55(1)(b) ITAA 97 Div 35 ITAA 97 387-A ITAA 97 387-55 ITAA 97 387-60 ITAA 97 387-60(1) ITAA 97 387-60(2) ITAA 97 387-B ITAA 97 387-125 ITAA 97 387-C ITAA 97 387-165 ITAA 97 387-185 ITAA 97 387-210 ITAA 97 388-55 ITAA 97 960-Q ITAA 97 960-335 ITAA 97 960-340 ITAA 97 960-345 ITAA 97 960-350 ITAA 36 82KL ITAA 36 82KL(1) ITAA 36 82KZL(1) ITAA 36 82KZM ITAA 36 82KZM(1) ITAA 36 82KZMA ITAA 36 82KZMA(4) ITAA 36 82KZMB ITAA 36 82KZMC ITAA 36 82KZMD ITAA 36 82KZMD(2) ITAA 36 82KZME ITAA 36 82KZME(4) ITAA 36 82KZME(7) ITAA 36 82KZMF ITAA 36 82KZMF(1) ITAA 36 Part IVA ITAA 36 177A ITAA 36 177C ITAA 36 177D ITAA 36 177D(b)
Subject references: carrying on a business commencement of business crops as trading stock fee expenses horticulture irrigation expenses management fees expenses plantation forestry primary production primary production expenses primary production income producing assessable income product rulings public rulings schemes and shams tax administration tax avoidance tax benefits under tax avoidance schemes tax shelters tax shelters project trading stock