Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 81.5

Effect of payment of tax

Australian tax not consideration

             (1)  A payment, or the discharging of a liability to make a payment, is not the provision of * consideration to the extent the payment is an * Australian tax.

Regulations may provide for exceptions

             (2)  However, a payment you make, or a discharging of your liability to make a payment, is treated as the provision of * consideration to the extent the payment is an * Australian tax that is, or is of a kind, prescribed by the regulations.

             (3)  For the purposes of subsection (2), the * consideration is taken to be provided to the entity to which the tax is payable, for a supply that the entity makes to you.



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