Miscellaneous 2008

GST in an uncertain economy

Source: New South Wales

Published Date: 6 Nov 2008

 

GST consequences of managing rights, obligations and debts. This presentation explores the GST issues that may be encountered in this environment including:

  • cancelled debts and bad debts
  • making guarantee payments
  • debt to equity swaps
  • litigation - court orders and out of court settlements
  • re-organising contractual obligations for consideration
  • terminating contracts - cancellation fees, liquidated damages and forfeited deposits
  • input tax credits for acquisitions relating to ceased activities.

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Individual Session

GST in an uncertain economy

Author(s): Ross Stitt
Materials from this session:

Details

  • Published By: Ross Stitt
  • Published On:6 Nov 2008
  • Took place at:Swissotel, Sydney

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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