Product Ruling

PR 2003/43W

Income tax: Slag Film Fund

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FOI status:

Notice of Withdrawal

Product Ruling PR 2003/43 is withdrawn with effect from today.

1. Product Ruling PR 2003/43 sets out the Commissioner's opinion on the tax consequences for persons participating in the Slag Film Fund by entering into a Subscription Agreement appointing the Investors' Representative to enter into a Production Agreement, on the Investors' behalf, to produce and distribute a qualifying Australian Film entitled 'Slag'.

2. The minimum subscription was not met and the Project did not proceed. Product Ruling PR 2003/43 has no application as it does not rule on the tax consequences for any taxpayer.

Commissioner of Taxation
23 February 2005

References

ATO references:
NO 2003/11684