Product Ruling

PR 1999/13W

Income tax: Australian Irrigated Timber Project No 1

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FOI status:

NOTICE OF WITHDRAWAL

Product Ruling PR 1999/13 is withdrawn with effect from today.

The arrangement, as implemented, is materially different from that described in the Ruling. As such, there is no class of persons to which the arrangement applies.

The Product Ruling is withdrawn with the agreement of the applicant.

Commissioner of Taxation
1 December 1999

References

ATO references:
NO 99/15852-2; 99/5301-9

Related Rulings/Determinations:

TR 95/6
TR 97/11
TR 98/22

Subject References:
afforestation expenses
carrying on a business
commencement of business
fee expenses
forestry
interest expenses
irrigation expenses
management fees expenses
plantation forestry
primary production expenses
producing assessable income
product rulings
public rulings
schemes and shams
tax administration
tax avoidance
tax benefits under tax avoidance
schemes
tax shelters
tax shelters project
timber industry

Legislative References:
ITAA 1997 8-1
ITAA 1997 8-1(2)
ITAA 1997 25-25
ITAA 1887 387-A
ITAA 1997 387-55
ITAA 1997 387-60
ITAA 1997 387-B
ITAA 1997 387-125
ITAA 1936 82KL
ITAA 1936 82KZM
ITAA 1936 Part IVA
ITAA 1936 177A
ITAA 1936 177C
ITAA 1936 177D