Published on 01 Feb 05
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
This AAT decision examines one of the key concepts in the A New Tax System (Goods and Services Tax) Act 1999, namely that of whether an acquisition is made for a 'creditable purpose' pursuant to s 11-15 such that an input tax credit can be claimed.
Rhys Penning is a Partner in EY’s Indirect Tax practice, specialising in GST with a sector focus on infrastructure and real estate projects and transactions. He has extensive experience in financing structures with a view to maximising GST recoveries/minimising GST leakage for transaction parties. Coming from a legal background, Rhys marries deep technical knowledge and experience with a practical approach to identifying and reporting GST obligations and entitlements in a commercial context.
- Current at
06 June 2014