Product Ruling

PR 2009/38W

Income tax: tax consequences of investing in equities using the Macquarie Geared Equities Investment plus

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Notice of Withdrawal

Product Ruling PR 2009/38 is withdrawn with effect from today.

1. Product Ruling PR 2009/38 sets out the Commissioner's view on the income tax consequences for the defined class of entities, referred to as Investors, who invest in equities using the Macquarie Geared Equities Investment plus.

2. The Australian Taxation Office has been advised that the scheme's GEI plus Product Booklet dated 4 February 2009 will be withdrawn on 9 March 2011.

3. Product Ruling PR 2009/38 continues to apply to entities that invested in equities using the Macquarie Geared Equities Investment plus prior to the withdrawal.

Commissioner of Taxation
9 March 2011

Not previously issued as a draft

References

ATO references:
NO 1-2L5ODR1

Previous Rulings/Determinations:
PR 2008/59

Related Rulings/Determinations:

TR 95/33