A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
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The special rules
Part 4-1
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Special rules mainly about particular ways entities are organised
Any * adjustment that a * non-resident has relating to a supply, acquisition or importation made through a * resident agent is to be treated as if:
(a) the non-resident did not have the adjustment; and
(b) the agent had the adjustment.
(2)
This section has effect despite section 17-10 (which is about the effect of adjustments on net amounts).
Note:
The special rules in this Part mainly modify the operation of Part 2-2 so far as that Part deals with liability for GST and entitlement to input tax credits, but the special rules also affect other aspects of Part 2-2 and the other Parts of Chapter 2 .
Division 57 - Resident agents acting for non-residents 57-15 Adjustments (1)Any * adjustment that a * non-resident has relating to a supply, acquisition or importation made through a * resident agent is to be treated as if:
(a) the non-resident did not have the adjustment; and
(b) the agent had the adjustment.
(2)
This section has effect despite section 17-10 (which is about the effect of adjustments on net amounts).
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