Product Ruling

PR 2001/142W

Income tax: WRF Kangaroo Island Plantations 2002

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FOI status:

Notice of Withdrawal

Product Ruling PR 2001/142 is withdrawn with effect from today.

1. PR 2001/142 set out the Commissioner's opinion on the way in which certain tax laws apply to Growers who took part in the WRF Kangaroo Island Plantations 2002 ('the 2002 Project'). This Ruling applied to Growers who were accepted to participate in the Project between 31 October 2001 and 30 June 2002.

2. Following a special resolution of the Growers in the WRF Kangaroo Island Plantations Project ('the 2000 Project') and the 2002 Project, the 2000 Project was merged with the 2002 Project.

3. That special resolution affects all Growers in the 2000 Project and the 2002 Project. Product Ruling PR 2002/64 which relates to the 2002 Project is also being withdrawn from today.

4. The merged arrangement is dealt with in Product Ruling PR 2003/48 which issues today.

Commissioner of Taxation
25 June 2003

This Ruling has been replaced by PR 2003/48.

References

ATO references:
NO 2002/011971

Related Rulings/Determinations:

PR 1999/95
PR 2000/71
TR 92/1
TR 92/20
TR 97/11
TR 97/16
TR 98/22
TR 2000/8
TD 93/34
IT 360

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

Legislative References:
TAA 1953 Part IVAAA
ITAA 1936 82KL
ITAA 1936 82KZL
ITAA 1936 82KZL(1)
ITAA 1936 82KZME
ITAA 1936 82KZME(1)
ITAA 1936 82KZME(2)
ITAA 1936 82KZME(3)
ITAA 1936 82KZME(4)
ITAA 1936 82KZME(7)
ITAA 1936 82KZMF
ITAA 1936 82KZMF(1)
ITAA 1936 Div 2 of Part III
ITAA 1936 Part IVA
ITAA 1936 177A
ITAA 1936 177C
ITAA 1936 177D
ITAA 1936 177D(b)
ITAA 1997 6-5
ITAA 1997 8-1
ITAA 1997 17-5
ITAA 1997 Div 27
ITAA 1997 Div 35
ITAA 1997 35-10
ITAA 1997 35-10(2)
ITAA 1997 35-10(3)
ITAA 1997 35-10(4)
ITAA 1997 35-30
ITAA 1997 35-35
ITAA 1997 35-40
ITAA 1997 35-45
ITAA 1997 35-55
ITAA 1997 35-55(1)
ITAA 1997 35-55(1)(a)
ITAA 1997 35-55(1)(b)
ITAA 1997 35-55(2)
ITAA 1997 328-105
ITAA 1997 328-105(1)(a)
ITAA 1997 328-105(1)(b)
ITAA 1997 Div 328
ITAA 1997 Div 328-F
ITAA 1997 Div 328-G

Case References:
FCT v. Lau
84 ATC 4929
16 ATR 55