Product Ruling PR 2003/28W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2003/28 is withdrawn with effect from today. Product Ruling PR 2003/28 dealt with the tax consequences of investing in the Project by Growers entering into a Grove Licence Agreement and a Management Agreement to commercially grow and cultivate olive groves to produce olives. The minimum subscription was not met and the Project did not proceed. Product Ruling PR 2003/28 does not rule on the income tax consequences for any taxpayer. Commissioner of Taxation 13 August 2003

Related rulings: PR 2003/28