Published on 06 Sep 12
by NATIONAL DIVISION, THE TAX INSTITUTE
There is now a growing body of Australian jurisprudence and ATO publications on the meaning of “consideration” under the GST law. This presentation examines:
- The nexus between supply and consideration (as has arisen in the Qantas litigation)
- The consideration allocated by the parties (such as with the Luxottica decision)
- Third party consideration (raised in Victorian Department of Transport and TT Line)
- Non-monetary consideration.