A New Tax System (Goods and Services Tax) Act 1999
Chapter 6 - Interpreting this Act Part 6-2 - Meaning of some important concepts Division 189 - Exceeding the financial acquisitions threshold
189-1 What this Division is about
You can be entitled to input tax credits for your acquisitions relating to financial supplies (even though financial supplies are input taxed) if you do not exceed the financial acquisitions threshold.
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