Product Ruling PR 1999/71W
Status: withdrawn








Withdrawal notice: Product Ruling PR 1999/71 is withdrawn with effect from today. An Addendum on the application of the Non-Commercial loss provisions has issued. The Ruling is withdrawn because the Project is no longer being sold. Commissioner of Taxation 29 June 2001

Related rulings: PR 98/1 TR 92/1 TR 92/20 TR 94/25 TR 97/11 TR 97/16 TD 93/34
Legislative references: ITAA1936 82KH(1) ITAA1936 82KH(1F)(b) ITAA1936 82KL ITAA1936 82KL(1) ITAA1936 82KZM ITAA1936 Pt IVA ITAA1936 177A ITAA1936 177C ITAA1936 177D ITAA1997 8-1 ITAA1997 8-1(a) ITAA1997 8-1(b) ITAA1997 Div 35 ITAA1997 35-10 ITAA1997 35-10(4) ITAA1997 35-30 ITAA1997 35-35 ITAA1997 35-40 ITAA1997 35-45 ITAA1997 35-55 ITAA1997 35-55(1) ITAA1997 35-55(1)(b) TAA 1953 Pt IVAAA Copyright Act 1968
Case references: Coles Myer Finance Ltd v. FC of T (1993) 176 CLR 640 (1993) 25 ATR 95 93 ATC 4214 (1993) 25 ATR 95
Subject references: carrying on a business fee expenses interest expenses management fees expenses product rulings public rulings primary production primary production expenses producing assessable income schemes and shams taxation administration tax avoidance tax benefits under tax avoidance schemes tax shelters tax shelters project