Product Ruling

PR 2007/33ER - Erratum

Income tax: Olive Growers Australia Project 2007 - Applicant Group 1

Erratum

This Erratum amends Product Ruling PR 2007/33 by correcting an amount and references to notes provided in the table, under 'Deductions for capital expenditure'.

PR 2007/33 is corrected as follows:

1. Paragraph 26

Delete the table; substitute:

Fee Type Year ending 30 June 2007 Year ending 30 June 2008 Year ending 30 June 2009
Posts and stakes Must be calculated
See Notes (i) & (v)
STS taxpayers
$35
See Notes (i) & (vi)
Must be calculated
See Notes (i) & (v)
STS taxpayers
Nil
See Notes (i) & (vi)
Must be calculated
See Notes (i) & (v)
STS taxpayers
Nil
See Notes (i) & (vi)
Irrigation $46
See Notes (i) & (vii)
STS taxpayers
$137
See Notes (i) & (viii)
$46
See Notes (i) & (vii)
STS taxpayers
Nil
See Notes (i) & (viii)
$45
See Notes (i) & (vii)
STS taxpayers
Nil
See Notes (i) & (viii)
Establishment of Olive Trees Nil Nil Must be calculated See Notes (i) & (ix)

This Erratum applies on and from 11 April 2007.

Commissioner of Taxation
2 May 2007

References

ATO references:
NO 2006/20258

ISSN: 1441 - 1172