ATO ID 2010/197 – GST and agricultural managed investment scheme – investor carrying on an enterprise ATO ID 2010/198 – GST and agricultural managed investment scheme – pre-establishment acquisitions– whether entity entitled to input tax credits for acquisitions made to set-up and promote schem...
whether taxpayer carrying on an enterprise and entitled to input tax credit whether Commissioner can rely on s 105-65 to retain overpaid GST Case analysis Nassar and Commissioner of Taxation[2014] AATA 445 goods and services tax – burden of proof – whether business income was understated – ...
The sale of vacant land is therefore a taxable supply when sold in the course of carrying on an enterprise. There will generally be GST on the sale and input tax credits availableto the purchaser where the land is acquiredfor a creditable purpose. How much is capital gains tax on property?
on assets sold for non-profit bodies Singapore • Amendments to the GST Act South Korea • 2018 tax reform proposal for VAT law • Applicable scope of the deemed supply of goods • Allocation of supply amount to land and building Vietnam • New decree on electronic invoicing • ...
Agents supplying on behalf of a taxable person; Input service distributors; E-commerce operators and sellers on e-commerce platforms; Taxable persons carrying out interstate supplies. The following persons are not liable to obtain GST registration if they engage exclusively in the following supplies: ...
–Errors in carrying forward losses –Mistakes in deductions claimed and so on. Once you file a revised return, it will substitute your original return, and don’t forget that you also need to verify your revised return as well within 30 days of filing it. ...
But there are reasons to think that someone in the detachment might have been asymptomatically infected and carrying the disease when the troops arrived in October. The kind of cholera now circulating in Haiti for the first time in decades is a strain that circulates in much of South Asia, ...
(f)) – The GST Act intends to allow an ITC to an entity carrying on an enterprise that has paid for an acquisition, and paid dollar for dollar for it, in a business-to-business transaction under a practical business tax system that places great reliance on the use and acceptance of ...