Product Ruling PR 2011/17W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2011/17 is withdrawn with effect from today. 1. Product Ruling PR 2011/17 sets out the Commissioner's opinion on the tax consequences for entities that acquire forestry interests in a forestry management scheme known as the Australian Oak Project - 2012 Growers (the Project). 2. No applications were accepted and the Project did not proceed. PR 2011/17 has no application as it does not rule on the tax consequences for any taxpayer. Commissioner of Taxation 1 August 2012

Related rulings: TR 97/7 TR 97/11 TR 98/22 TR 2007/6
Subject references: 4 year holding period carrying on a business forestry interest forestry MIS interest expenses managed investment schemes payments under the scheme producing assessable income product rulings reasonable expectation tax avoidance taxation administration