Product Ruling PR 2000/43W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2000/43 is withdrawn with effect from today. The franchise agreement has been implemented in a manner that is materially different from that described in Product Ruling PR 2000/43. The funds raised have not been used to provide franchisees with a viable business. The promotors did not comply with the financial requirements of the Product Ruling. Commissioner of Taxation 16 January 2002

Related rulings: PR 1999/95 TR 92/1 TR 97/11 TR 97/16 TD 93/34 IT 175 IT 2001
Legislative references: ITAA 1936 82KH(1) ITAA 1936 82KH(1F)(b) ITAA 1936 82KL ITAA 1936 82KL(1) ITAA 1936 82KZM ITAA 1936 82KZMA ITAA 1936 82KZMB ITAA 1936 82KZMB(5) ITAA 1936 82KZMD ITAA 1936 Pt IVA ITAA 1936 177A ITAA 1936 177C ITAA 1936 177D ITAA 1997 6-5 ITAA 1997 8-1 ITAA 1997 8-1(1)(a) ITAA 1997 8-1(1)(b) ITAA 1997 8-1(2) ITAA 1997 27-5 ITAA 1997 27-30 ITAA 1997 960-335 ITAA 1997 960-345 ITAA 1997 960-350 ITAA 1997 Pt 3-1
Subject references: carrying on a business commencement of business fee expenses franchising management fees 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