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09 May 13 GST: acquisition by a managed investment fund - GSTD 2013/D1

On 8 May 2013, the ATO released for public comment by 5 June 2013 draft GST Determination GSTD 2013/D1 entitled "Goods and services tax: whether item 32 of the table in subregulation 70-5.02(2) of A New Tax System (Goods and Services Tax) Regulations 1999 applies to some extent in respect of an acquisition for a single fee by a managed investment fund that is a recognised trust scheme from a Responsible Entity."

The answer given to the question posed is Yes.


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