Product Ruling

PR 1999/99W

Income tax: Hanging Rock Secondo

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FOI status:

Notice of Withdrawal

Product Ruling PR 1999/99 is withdrawn with effect from today.

An Addendum on the application of the Non Commercial Loss provisions has issued. The Product Ruling and Addendum apply to Growers who entered the Project on or after 17 November 1999 and on or before 30 June 2000.

Product Ruling PR 1999/99 is withdrawn because it has no application to Growers who enter the Project after 30 June 2000.

Commissioner of Taxation
29 August 2001

References

ATO references:
NO T2000/11348

Related Rulings/Determinations:

PR 98/1
TR 92/1
TR 92/20
TR 97/11
TR 97/16
TR 98/22
TD 93/34

Subject References:
carrying on a business
commencement of business
fee expenses
interest expenses
management fees expenses
primary production
primary production expenses
producing assessable income
product rulings
public rulings
taxation administration
tax avoidance
tax benefits under tax avoidance schemes
tax shelters
tax shelters project

Legislative References:
ITAA1936 82KH(1)
ITAA1936 82KH(1F)(b)
ITAA1936 82KL
ITAA1936 82KL(1)
ITAA1936 82KZM
ITAA1936 Pt IVA
ITAA1936 177A
ITAA1936 177C
ITAA1936 177D
ITAA1997 8-1
ITAA1997 8-1(1)(a)
ITAA1997 8-1(1)(b)
ITAA1997 Div 35
ITAA1997 35-10
ITAA1997 35-10(4)
ITAA1997 35-30
ITAA1997 35-35
ITAA1997 35-40
ITAA1997 35-45
ITAA1997 35-55
ITAA1997 35-55(1)
ITAA1997 35-55(1)(b)
ITAA1997 Subdiv 42-D
ITAA1997 42-15
ITAA1997 Subdiv 387-A
ITAA1997 387-55
ITAA1997 387-60
ITAA1997 Subdiv 387-B
ITAA1997 387-125
ITAA1997 Subdiv 387-C
ITAA1997 387-165
ITAA1997 387-185
TAA 1953 Pt IVAAA
Copyright Act 1968