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GST treatment of real estate

Published on 15 Feb 00 by VICTORIAN DIVISION, THE TAX INSTITUTE

This paper unravels the complexities of the GST legislation as it relates to real estate, with examples provided to help readers understand both strategic benefits to be gained from the introduction of the GST and the requisite compliance requirements relating to property. The paper will assist tax practitioners to recognise and plan for GST liabilities when advising clients involved with real estate transactions.

Author profile:

Author Photo - Lachlan Wolfers CTA
Lachlan Wolfers CTA
Lachlan is the leader of KPMG’s Indirect Tax practice in China and a member of KPMG’s Global Indirect Taxes leadership team. He was formerly a director of The Tax Institute, and leader of KPMG’s Indirect Taxes and Tax Controversy practices in Australia prior to his relocation to China in 2011. In his current role, Lachlan is assisting multinational companies transition to VAT in China. He is a frequent presenter and media commentator on VAT issues in China, and is currently advising China’s Ministry of Finance and State Administration of Taxation on several tax reforms, including VAT and Advance Rulings. Current at 27 August 2012 Click here to expand/collapse more articles by Lachlan R WOLFERS.
 
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