GTP great southern limited

Don't know whether the following news caused today's price drop,...

  1. zwu
    2,454 Posts.
    lightbulb Created with Sketch. 9

    Don't know whether the following news caused today's price drop, but I just coppied it here.

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    http://law.ato.gov.au/atolaw/view.htm?docid=PRR/PR200763W/
    NAT/ATO/00001

    Product Ruling
    PR 2007/63W - Notice of Withdrawal

    Income tax: Great Southern Plantations 2008 Project

    FOI status: May be released

    Notice of Withdrawal

    Product Ruling PR 2007/63 is withdrawn with effect from today.

    1. Product Ruling PR 2007/63 sets out the Commissioner's opinion on the tax consequences of Growers accepted into the Great Southern Plantations 2008 Project (the Project) from 1 April 2008 to 30 June 2008 inclusive.

    2. No applications were accepted and the Project did not proceed. Therefore, Product Ruing PR 2007/63 has no application as it does not rule on the tax consequences for any entity.

    Commissioner of Taxation
    6 August 2008

    References

    ATO references:
    NO 2006/20258

    ISSN: 1441 - 1172

    Related Rulings/Determinations:
    PR 2007/63

 
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