Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 90.15

Acquisitions not creditable--amalgamated company registered or required to be registered

  (1)   An acquisition made by an * amalgamated company from an * amalgamating company in the course of * amalgamation is not a * creditable acquisition if, immediately after the amalgamation, the amalgamated company is * registered or * required to be registered.

  (2)   This section has effect despite section   11 - 5 (which is about what is a creditable acquisition).


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback