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GSTR 2001/D7: Goods and Services: Prizes

Published on 14 Feb 02 by THE TAX INSTITUTE

The Taxation Institute of Australia provides comment on GSTR 2001/D7: Goods and Services: Prizes. It states that although the Draft Ruling provides a useful analysis of the GST principles that are relevant to the treatment of prizes, these are complicated rules for such trivial dollar collection amounts of GST.

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INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA
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NATIONAL INSTITUTE OF ACCOUNTANTS
TAXPAYERS AUSTRALIA INC
TAXATION INSTITUTE OF AUSTRALIA
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CPA AUSTRALIA

 

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