Legislative developments – 2011 – Outstanding recommendation for GST from Board of Taxation review

Summary of recommendations  – the start date will be the first quarterly tax period after royal assent, or where appropriate, a later quarterly tax period after royal assent

  • Recommendation 4 – adjustments for change of use
  • Recommendation 5 – adjustments for cessation of registration
  • Recommendation 7 – technical amendment to adjustments
  • Recommendation 8 – adjustments for pre-registration acqusitiions
  • Recommendation 33 – reverse charge mechanism
  • Recommendation 34 – GST-free farm land supplied for farming
  • Recommendation 35 – general law partnerships
  • Recommendation 36 – tax law partnerships
  • Recommendation 37 – bare trusts

Link to documents

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