GST issues registers

Primary production industry partnership

5 Joint ventures

5.1 Commercial fishing

5.1.1 - Commercial fishing and GST joint ventures

Question

How do commercial fishing arrangements apply to GST joint ventures?

For the source of the ATO view, refer to:

•

GSTR 2004/2 - Goods and services tax: What is a joint venture for GST purposes?

•

GSTD 2004/2 - Goods and services tax: Are all supplies made by the entity nominated as the joint venture operator to entities that are participants in the GST joint venture to be treated as if they are not taxable supplies?

Answer

For further information, refer to the following documents:

•

Goods and Services Tax Ruling GSTR 2004/2 - Goods and services tax: What is a joint venture for GST purposes?

•

Goods and Services Tax Determination GSTD 2004/2 - Goods and services tax: Are all supplies made by the entity nominated as the joint venture operator to entities that are participants in the GST joint venture to be treated as if they are not taxable supplies?

© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA

You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).