Product Ruling

PR 2017/5W

Income tax: Quintis Sandalwood Album Project 2017 Sophisticated Investment Offer

• Please note that the PDF version is the authorised version of this withdrawal notice.
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Notice of Withdrawal

Product Ruling PR 2017/5 is withdrawn with effect from today.

1. Product Ruling PR 2017/5 sets out the Commissioner's opinion on the tax consequences for entities that acquire forestry interests between 14 June 2017 and 30 June 2017 in a forestry managed investment scheme known as Quintis Sandalwood Album Project 2017 Retail Investment Offer (the Project).

2. No applications were accepted and the Project did not proceed. PR 2017/5 has no application as it does not rule on the tax consequences for any taxpayer.

Commissioner of Taxation
28 June 2017

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References

ATO references:
NO 1-BQMLDTY