A New Tax System (Goods and Services Tax) Act 1999

Chapter 2 - The basic rules  

Part 2-4 - Net amounts and adjustments  

Division 21 - Bad debts  

21-99   Special rules relating to adjustments for bad debts  

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Chapter 4 contains special rules relating to adjustments for bad debts, as follows:

Checklist of special rules
Item	For this case …	See:
1A	Bad debts relating to transactions that are not taxable or creditable to the fullest extent	Division 136
1	Changing your accounting basis	Division 159
2	Gambling	Division 126
2A	Representatives of incapacitated entities	Division 58
3	Sale of freehold interests etc.	Division 75

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History

S 21-99 amended by No 118 of 2009, s 3 and Sch 1 item 6, by inserting table item 2A, effective 1 July 2000.

S 21-99 amended by No 156 of 2000, s 3 and Sch 4 item 2, by substituting " transactions that are not taxable or creditable to the fullest extent " for " partly taxable or creditable transactions " in table item 1A, applicable in relation to net amounts for tax periods starting on or after 1 July 2000.

S 21-99 amended by No 177 of 1999, s 3 and Sch 1 item 26, by inserting table item 1A, effective 1 July 2000.

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