18 Jun 09 Submission on legal framework for the administration of the GSTOn 12 June 2009, the Taxation Institute lodged a submission with Treasury in response to the Treasury Discussion Paper: Implementation of the recommendations of the Board of Taxation’s review of the legal framework for the administration of the GST released on 12 May 2009.
The Taxation Institute’s comments relate to the following areas of GST reform:
- Time to claim input tax credits;
- Grouping and joint ventures; and
- Reverse charge mechanism.