Product Ruling PR 1999/98W
Status: withdrawn







An Addendum on the application of the Non Commercial Loss provisions has issued and the Project is no longer being sold. | Commissioner of Taxation 22 August 2001

Withdrawal notice: FOI status: May be released Product Ruling PR 1999/98 is withdrawn with effect from today.

Related rulings: PR 1999/95 TD 93/34 TR 92/1 TR 92/20 TR 97/11 TR 97/16 TR 98/22
Legislative references: ITAA1936 82KL ITAA1936 82KZM ITAA1936 Pt IVA ITAA1936 177A ITAA1936 177C ITAA1936 177D ITAA1997 6-5 ITAA1997 8-1 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 93 ATC 4214 (1993) 25 ATR 95
Subject references: afforestation carrying on a business commencement of business fee expenses interest expenses management fees expenses primary production primary production expenses producing assessable income product rulings public rulings schemes and shams taxation administration tax avoidance tax benefits under tax avoidance schemes tax shelters tax shelters project