This Decision impact statement provides the ATO’s response to the Full Federal Court decision as well as the preceding first instance decision, which concerned the application of the GST margin scheme to the sale of multiple interests in land in a single transaction and the scope for judicial review of rulings relating to notional GST issues.
Source: ato.gov.au
Latest Posts in "Australia"
- Australia GST Guide for Cross-Border Amazon FBA Sellers
- Australia Sets E-Invoicing Timeline for Commonwealth Agencies by December 2026
- Australia Introduces Bills to Pause Draught Beer Tax Indexation for Two Years
- Australia-UAE Free Trade Agreement Comes Into Effect
- Australia Establishes E-Invoicing as Default in Federal Procurement
