Miscellaneous

Draft GST Ruling 2002/D7: Inducements to enter into a lease of commercial premises

Author: Cpa Australia,Institute Of Chartered Accountants In Australia,National Institute Of Accountants,Taxation Institute Of Australia

Published Date: 16 Dec 2002

 

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There are 3 general criticisms which can be made in relation to the draft ruling. First, in an effort to provide simplicity and certainty in this area of the law, there is a tendency in the draft ruling to skip over crucial aspects of the reasoning process. Second, the views set out in relation to income guarantees are not, in our view, correct. Third, the concept that there is a supply by a landlord in accepting an assignment of a lease appears to create implications that go far beyond the draft ruling and should be further considered before becoming part of any final ruling.
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  • Published By:Cpa Australia,Institute Of Chartered Accountants In Australia,National Institute Of Accountants,Taxation Institute Of Australia
  • Published On:16 Dec 2002

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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