Product Ruling

PR 2004/14W

Income tax: Film Investment - 'Clancy of the Overflow'

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FOI status:

Notice of Withdrawal

Product Ruling PR 2004/14 is withdrawn with effect from today.

1. Product Ruling PR 2004/14 set out the Commissioner's opinion on the tax consequences for persons participating in the Clancy of the Overflow Film Investment (the Project) provided the minimum subscription was achieved by 30 June 2004.

2. The minimum subscription was not met and the Project did not proceed on or before 30 June 2004. Product Ruling PR 2004/14 has no application as it does not rule on the tax consequences for any taxpayer.

Commissioner of Taxation
9 February 2005

References

ATO references:
NO 2003-11684

Related Rulings/Determinations:

PR 1999/95
TR 92/1
TR 92/20
TR 97/16
TR 98/22
TD 93/34
IT 2111

Subject References:
Australian films
film income
film industry
interest expenses
Product Rulings
Public Rulings
tax avoidance
tax administration

Legislative References:
ITAA 1936 26AG
ITAA 1936 26AG(9)
ITAA 1936 Div 5 of Part III
ITAA 1936 Div 10BA
ITAA 1936 124ZAA(6)
ITAA 1936 124ZAB
ITAA 1936 124ZAB(10)
ITAA 1936 124ZAC
ITAA 1936 124ZADA(1)
ITAA 1936 124ZADA(2)
ITAA 1936 124ZAFA
ITAA 1936 124ZAFA(1)(a)
ITAA 1936 124ZAFA(1)(b)(i)
ITAA 1936 124ZAFA(1)(c)(i)
ITAA 1936 124ZAFA(1)(c)(ii)
ITAA 1936 124ZAFA(1)(d)(iii)
ITAA 1936 124ZAFA(1)(d)(iv)
ITAA 1936 124ZAFA(2)
ITAA 1936 124ZAG
ITAA 1936 124ZAJ
ITAA 1936 124ZAJ(1)
ITAA 1936 124ZAM
ITAA 1936 124ZAM(1)
ITAA 1936 124ZAM(2)
ITAA 1936 124ZAM(3)
ITAA 1936 124ZAO
ITAA 1936 124ZAO(2)
ITAA 1936 124ZAO(3)
ITAA 1936 Pt IVA
ITAA 1936 177A
ITAA 1936 177C
ITAA 1936 177D
ITAA 1936 204
ITAA 1997 8-1
ITAA 1997 Div 27
ITAA 1997 995-1
TAA 1953 Pt IVAAA
TAA 1953 8AAG
ANTS(GST)A 99
ANTS(GST)A 99 38-190(1)
Copyright Act 1968
Copyright Act 1968 Pt IV