Product Ruling

PR 2007/68W

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

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Notice of Withdrawal

Product Ruling PR 2007/68 is withdrawn with effect from today.

1. Product Ruling PR 2007/68 set out the Commissioner's view on the income tax consequences for entities participating in the Macquarie Geared Equity Investment plus.

2. Product Ruling 2007/68 is withdrawn because it is replaced by Product Ruling PR 2008/59 which takes into account the scheme's updated Product Disclosure Statement.

Commissioner of Taxation
23 July 2008

Not previously issued as a draft

References

ATO references:
NO 2006/20258

Related Rulings/Determinations:

TD 95/33

Subject References:
debt deductions
financial products
interest expense
prepaid expense
tax avoidance

Legislative References:
ITAA 1936 51AAA
ITAA 1936 82KL
ITAA 1936 Pt III Div 3 Subdiv H
ITAA 1936 82KZL(1)
ITAA 1936 82KZL(2)(a)
ITAA 1936 82KZM
ITAA 1936 82KZMA
ITAA 1936 82KZMD
ITAA 1936 82KZME
ITAA 1936 82KZME(4)
ITAA 1936 82KZME(5)
ITAA 1936 82KZME(5)(b)(ii)
ITAA 1936 82KZMF
ITAA 1936 Pt IVA
ITAA 1997 8-1
ITAA 1997 104-10
ITAA 1997 104-25(1)(c)
ITAA 1997 104-25(3)
ITAA 1997 104-40
ITAA 1997 110-25(2)
ITAA 1997 110-25(6)
ITAA 1997 110-55(2)
ITAA 1997 134-1(1)
ITAA 1997 134-1(4)
ITAA 1997 Div 247
ITAA 1997 247-20
ITAA 1997 247-20(3)
ITAA 1997 247-20(6)
ITAA 1997 Subdiv 328-F
ITAA 1997 Subdiv 328-G
TAA 1953
TAA 1953 Sch 1 357-75(1)
Copyright Act 1968
SISA 1993