Product Ruling PR 2006/2W
Status: withdrawn








Withdrawal notice: Product Ruling PR 2006/2 is withdrawn with effect from today. 1. Product Ruling PR 2006/2 sets out the Commissioner's opinion on the tax consequences of Growers accepted into the 2006 Timbercorp Almond Project - Post 30 June Growers (the Project) between 1 July 2006 and 15 June 2007 inclusive. 2. No applications were accepted and the Project did not proceed. Therefore, Product Ruling PR 2006/2 has no application as it does not rule on the tax consequences for any entity. Commissioner of Taxation 22 August 2007

Related rulings: TD 93/34 TR 92/20 TR 97/11 TR 98/22 TR 2000/8 TR 2001/14 TR 2002/6 TR 2002/11
Legislative references: ITAA 1936 82KL ITAA 1936 Pt III Div 3 Subdiv H ITAA 1936 82KZL ITAA 1936 82KZM ITAA 1936 82KZMA ITAA 1936 82KZMB ITAA 1936 82KZMC ITAA 1936 82KZMD ITAA 1936 82KZME ITAA 1936 82KZMF ITAA 1936 Pt IVA ITAA 1936 177A ITAA 1936 177C ITAA 1936 177D ITAA 1936 177D(b) ITAA 1997 6-5 ITAA 1997 8-1 ITAA 1997 17-5 ITAA 1997 25-25 ITAA 1997 25-25(1) ITAA 1997 Div 27 ITAA 1997 Div 35 ITAA 1997 35-10 ITAA 1997 35-10(2) ITAA 1997 35-55 ITAA 1997 35-55(1)(b) ITAA 1997 Div 40 ITAA 1997 40-530 ITAA 1997 40-545 ITAA 1997 Subdiv 61-J ITAA 1997 Div 328 ITAA 1997 328-105 ITAA 1997 328-115 ITAA 1997 Subdiv 328-F ITAA 1997 Subdiv 328-G TAA 1953 Copyright Act 1968 Corporations Act 2001
Case references: Commissioner of Taxation v. Lau (1984) 6 FCR 202 84 ATC 4929 (1984) 16 ATR 55
Subject references: carrying on a business commencement of business fee expenses interest expenses management fees non commercial losses producing assessable income product rulings public rulings taxation administration tax avoidance tax benefits under tax avoidance schemes tax shelters tax shelters project