Product Ruling
PR 2009/20W
Income tax: Great Southern 2009 Renewable Fibre Project
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Please note that the PDF version is the authorised version of this withdrawal notice.
Notice of Withdrawal
Product Ruling PR 2009/20 is withdrawn with effect from today.
1. Product Ruling PR 2009/20 set out the Commissioner's opinion on the tax consequences for persons participating in the Great Southern 2009 Renewable Fibre Project (the Project) by entering into a Land and Management Agreement and a Lease Agreement for the purpose of carrying on a commercial forestry project.
2. No applications were accepted and the Project did not proceed. Product Ruling PR 2009/20 has no application as it does not rule on the tax consequences for any taxpayer.
Commissioner of Taxation
23 September 2009