Income tax: WRF Kangaroo Island Plantations 2002 - Second Prospectus

PR 2002/64 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 Project ('the 2002 Project'). The Ruling applied to Growers who were accepted to participate in the Project between 15 May 2002 and 30 June 2002.

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.

That special resolution affects all Growers in the 2000 Project and the 2002 Project. Product Ruling PR 2001/142 which relates to the 2002 Project is also being withdrawn from today.

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