A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
-
The special rules
Part 4-2
-
Special rules mainly about supplies and acquisitions
The tax period to which the GST on a * taxable supply to your * associate without * consideration is attributable is the tax period in which the supply first becomes a supply that is * connected with the indirect tax zone .
(2)
This section has effect despite section 29-5 (which is about attributing GST on taxable supplies).
Note:
The special rules in this Part mainly modify the operation of Part 2-2 , but they may affect other Parts of Chapter 2 in minor ways.
Division 72 - Associates
CCH Note
Subdivision 72-A
-
Supplies without consideration
72-15
Attributing the GST to tax periods
(1)
For transitional provisions relating to a supply or acquisition that an incapacitated entity makes to or from an associate of the incapacitated entity, see note under Div 58 heading.
The tax period to which the GST on a * taxable supply to your * associate without * consideration is attributable is the tax period in which the supply first becomes a supply that is * connected with the indirect tax zone .
View history note
Hide history note(2)
This section has effect despite section 29-5 (which is about attributing GST on taxable supplies).
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.