Legislative developments – 2010 – Incapacitated entities and GST liability

Summary

  • Division 147 of the GST Act has been replaced by Division 58, retrospectively from 1 July 2000.  The amendment follows the decision in Deputy Commissioner of Taxation v PM Developments Pty Ltd
  • The intention of the new Division is to restore the underlying policy intention for Division 147, that the representative of an incapacitated entity is liable for GST transactions within the scope of its appointment

Links to documents

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