Product Ruling

PR 1999/103W

Income Tax: Tiwi Islands Acacia Project No 1 (revised Arrangement)

• Please note that the PDF version is the authorised version of this withdrawal notice.
  This document incorporates revisions made since original publication. View its history and amending notices, if applicable.

FOI status:

Notice of Withdrawal

Product Ruling PR 1999/103 is withdrawn with effect from today.

The Project is no longer selling interests to the public as it is fully susbscribed.

The Product Ruling only rules on the income tax consequences for those taxpayers who entered into the Project up to the date of its withdrawal.

Commissioner of Taxation
28 March 2001

References

ATO references:
NO T2000/4313

Related Rulings/Determinations:

PR 1999/50
PR 1999/95
TR 92/1
TR 92/20
TR 97/16
TR 97/11
TR 98/22
TD 93/34

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

Legislative References:
ITAA1936 82KL
ITAA1936 82KZM
ITAA1936 Part IVA
ITAA1936 177A
ITAA1936 177C
ITAA1936 177D
ITAA1997 8-1
ITAA1997 25-25
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)
TAA 1953 Pt IVAAA
Copyright Act 1968