Published on 24 Nov 99
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
The application of GST to the financial services area is, at present, an ever moving feast. There are Regulations to guide us as to what is input taxed and what is fully taxable, but we are still awaiting the release by the Australian Taxation Office of the rulings as to how apportionment schemes will be applied. This paper outlines the story so far.