Published on 30 May 07
by VICTORIAN DIVISION, THE TAX INSTITUTE
This paper analyses in detail:
- the concept of supply in the Australian GST system
- how the courts and the ATO have interpreted the concept
- how the Commissioner's views in GSTR 2006/9 can be applied in real life multi-party transactions.
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