• Issue 14 - Compensation payments (excluding settlements of insurance claims)

    For source of ATO view, refer to general principles and in particular paragraph 22 of GSTR 2001/4External Link - Goods and Services Tax: GST consequences of court orders and out-of-court settlements

    The ATO view on this issue has changed. This issue has been updated to reflect the current ATO view. For a fuller explanation, refer to Goods and Services Tax Ruling GSTR 2001/4, GST consequences of court orders and out-of-court settlements. GSTR 2001/4 was issued on 20 June 2001, with a date of effect of 1 July 2000. The footnote containing the previous version of issue 14 is at the end of this issue.

      Last modified: 12 Apr 2013QC 16376