Indirect Tax Laws Amendment (Assessment) Act 2012 (39 of 2012)

Schedule 3   Net amounts

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

3   Subsection 123-15(1)

Omit “method” (last occurring), substitute “simplified accounting method”.

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

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