Collapse of agribusiness managed investment schemes: participant information

Early termination of an agribusiness (non-forestry) managed investment scheme

This information is about the possible tax consequences for an investor in an agribusiness (non-forestry) MIS that is terminated early.

This information is relevant to you if:

• you hold an interest in an agribusiness (non-forestry) MIS
• there is a product ruling issued for the MIS
• you have claimed deductions in relation to your MIS interest
• the MIS is to be terminated or has been wound up early.

This is general information only. A notice of withdrawal will be issued by us about the MIS. You should check the notice of withdrawal for specific guidance relevant to your investment.

Sections within Early termination of an agribusiness (non-forestry) managed investment scheme

• What is an agribusiness (non-forestry) MIS?
• How do you know if your agribusiness (non-forestry) MIS has been terminated early?
• What happens to the product ruling if my interest is terminated early?
• How does capital gains tax (CGT) apply?
• What happens to deductions I have claimed in earlier years?
• Interest deductions
• Non-commercial loss (NCL) rules