Published on 14 Oct 05
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
This presentation covers:
- review of cases including DB RREEF; ACP Publishing and Coles Supermarkets
- discussions of issues emerging including:
- s.13 Transition Act and the need for post-GST supply to be made "under" the pre-GST written agreement
- single supply for multi-component consideration or multiple supplies for separate consideration - need for review opportunity to cover 100% of consideration and contributions to outgoings clauses
- post-GST purchase of premises subject to pre-GST lease
- legal and practical issues arising from long term non-reviewable contract provisions in the Transition Act.
Peter Green FTIA is a Partner at the Sydney office of Mallesons Stephen Jaques. Peter specialises in revenue law, including income tax, capital gains tax, stamp duty Australia-wide and GST. Peter is the joint author of the third edition of Principles of Income Taxation.
- Current at
06 May 2009