Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 75.13

Working out margins to take into account supplies to associates

    In working out the * margin for a * taxable supply of * real property you make to an entity who is your * associate at the time of the supply, treat the * consideration for the supply (whether or not the supply was for consideration) as if it were the same as the * GST inclusive market value of the interest, unit or lease at the time of the supply.


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