Product Ruling PR 2007/53W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2007/53 is withdrawn with effect from today. 1. Product Ruling PR 2007/53 sets out the Commissioner's opinion on the tax consequences for persons participating in the film project titled Media Funds Management Pty Limited: Film Fund No. 2 - 'The Last Stand'. 2. The Tax Office has been advised that the scheme as described in Product Ruling PR 2007/53 did not proceed. Therefore there is no class of persons to whom the Ruling applies. Commissioner of Taxation 21 November 2007

Related rulings: PR 2007/53
Legislative references: ITAA 1936 26AG ITAA 1936 26AG(1) ITAA 1936 26AG(1)(d) ITAA 1936 26AG(1)(e) ITAA 1936 26AG(3) ITAA 1936 26AG(9) ITAA 1936 79D ITAA 1936 82KL ITAA 1936 Pt III Div 5 ITAA 1936 Pt III Div 10BA ITAA 1936 124ZAA(6) ITAA 1936 124ZAB ITAA 1936 124ZAB(10) ITAA 1936 124ZAC ITAA 1936 124ZADA(1) ITAA 1936 124ZADA(2) ITAA 1936 124ZAFA ITAA 1936 124ZAFA(1)(a) ITAA 1936 124ZAFA(1)(b)(i) ITAA 1936 124ZAFA(1)(c)(i) ITAA 1936 124ZAFA(1)(c)(ii) ITAA 1936 124ZAFA(1)(d)(iii) ITAA 1936 124ZAFA(1)(d)(iv) ITAA 1936 124ZAFA(2) ITAA 1936 124ZAG ITAA 1936 124ZAJ ITAA 1936 124ZAJ(1) ITAA 1936 124ZAM ITAA 1936 124ZAM(1) ITAA 1936 124ZAM(2) ITAA 1936 124ZAM(3) ITAA 1936 124ZAO ITAA 1936 124ZAO(2) ITAA 1936 124ZAO(3) ITAA 1936 160AFD(9) ITAA 1936 Pt IVA ITAA 1936 177A ITAA 1936 177C ITAA 1936 177D ITAA 1936 318 ITAA 1997 8-1 ITAA 1997 25-25 ITAA 1997 Div 35 ITAA 1997 35-5(2) ITAA 1997 995-1 TAA 1953 TAA 1953 Sch 1 280-100 TAA 1953 Sch 1 280-160 TAA 1953 Sch 1 357-75(1) Copyright Act 1968 Corporations Act 2001 761G SISA 1993
Subject references: Australian films film income film industry product rulings schemes and shams tax administration tax avoidance