Ruling: Draft Goods and Services Tax Determination

This draft Determination provides advice on the GST treatment of arrangements between government agencies and private developers (developers) in the context of the development of land in the Australian Capital Territory (ACT). In particular, this Determination considers whether ‘building works’ and ‘associated site works’ carried out by developers on land they have acquired under a long-term Crown lease, are non-monetary consideration for the supply of that lease by a government agency (on behalf of the Commonwealth Government).

Source: ATO

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