Product Ruling

PR 2001/88W

Income tax: Mount Bellarine Vineyard Project

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FOI status:

Notice of Withdrawal

Product Ruling PR 2001/88 is withdrawn with effect from today.

1. Product Ruling PR 2001/88 dealt with the income tax consequences of taxpayers investing in the Project, by entering into a Lease and Management Agreement, for the purpose of carrying on a commercial viticulture project.

2. The Product Ruling has no application to investors as the project did not proceed. Product Ruling PR 2001/88 does not rule on the income tax consequences for any taxpayer.

Commissioner of Taxation
23 July 2003

References

ATO references:
NO 2002/0011971

Related Rulings/Determinations:

PR 1999/95
TR 97/11
TR 97/16
TR 92/1
TR 92/20
TD 93/34
TR 98/22
IT 175

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

Legislative References:
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 Subdiv 42-C
ITAA 1997 42-15
ITAA 1997 42-118
ITAA 1997 42-125
ITAA 1997 42-160
ITAA 1997 42-160(1)
ITAA 1997 42-160(3)
ITAA 1997 42-165(1)
ITAA 1997 42-165(2A)
ITAA 1997 42-167
ITAA 1997 42-345
ITAA 1997 42-455(1)
ITAA 1997 42-460(1)
ITAA 1997 Subdiv 387-B
ITAA 1997 Subdiv 387-C
ITAA 1997 387-55
ITAA 1997 387-125
ITAA 1997 387-165
ITAA 1997 387-185
ITAA 1997 387-210
ITAA 1997 388-55
ITAA 1997 960-335
ITAA 1997 960-340
ITAA 1997 960-345
ITAA 1997 960-350
ITAA 1936 82KH(1)
ITAA 1936 82KH(1F)(b)
ITAA 1936 82KL
ITAA 1936 82KL(1)
ITAA 1936 82KZL
ITAA 1936 82KZL(1)
ITAA 1936 82KZM(1)
ITAA 1936 82KZM(1)(b)(ii)
ITAA 1936 82KZMA(4)
ITAA 1936 82KZMD(2)
ITAA 1936 82KZME
ITAA 1936 82KZME(1)
ITAA 1936 82KZME(1)(b)
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 Part IVA
ITAA 1936 177A
ITAA 1936 177C
ITAA 1936 177D
ITAA 1936 177D(b)
Corporations Law 708(1)
Corporations Law 708(2)
Corporations Law 708(3)
Corporations Law 708(4)
Corporations Law 708(5)
Corporations Law 708(6)
Corporations Law 708(7)
Corporations Law 708(8)
Corporations Law 708(9)
Corporations Law 708(10)
Corporations Law 708(11)
Corporations Law 708(11)(a)
Corporations Law 708(11)(b)
Corporations Law 708(11)(h)