Product Ruling

PR 2010/15W

Income tax: Australia Wide Timbers Project

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Notice of Withdrawal

Product Ruling PR 2010/15 is withdrawn with effect from today.

1. Product Ruling PR 2010/15 sets out the Commissioner's opinion on the tax consequences for entities that acquire forestry interests in a forestry management scheme known as the Australia Wide Timbers Project (the Project).

2. No applications were accepted and the Project did not proceed. Therefore, PR 2010/15 has no application as it does not rule on the tax consequences for any entity.

Commissioner of Taxation
25 August 2010

Not previously issued as a draft

References

ATO references:
NO 2010/3439