Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 90.5

Supplies not taxable--amalgamated company registered or required to be registered

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

             (2)  This section has effect despite section 9-5 (which is about what is a taxable supply).



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