Tax Laws Amendment (2010 GST Administration Measures No. 3) Act 2010 (91 of 2010)

Schedule 3   Adjustments for third party payments

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

5   At the end of section 134-5

Add:

(3) This subsection applies to the following reasons why your supply of the thing to the other entity was not a *taxable supply:

(a) you and the other entity are *members of the same *GST group;

(b) you and the other entity are members of the same *GST religious group;

(c) you are the *joint venture operator for a *GST joint venture, and the other entity is a *participant in the GST joint venture.

(4) However:

(a) paragraph (3)(a) does not apply if you and the payee are *members of the same *GST group when the payment referred to in paragraph (1)(a) is made; and

(b) paragraph (3)(b) does not apply if you and the payee are members of the same *GST religious group when that payment is made.


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