A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)
Schedule 3 Income Tax Assessment Act 1997
Part 1 General
33 At the end of section 42-205
Add:
(3) If the *balancing adjustment event relating to the *plant is a *taxable supply, the termination value of the plant does not include an amount equal to the *GST payable on the supply.
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