A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
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The special rules
Part 4-1
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Special rules mainly about particular ways entities are organised
An * adjustment event cannot arise in relation to:
(a) a supply that a * member of a * GST religious group makes to another member of the same GST religious group; or
(b) an acquisition that a member of a GST religious group makes from another member of the same GST religious group. (2)
This section has effect despite section 19-10 (which is about what are adjustment events).
Note:
The special rules in this Part mainly modify the operation of Part 2-2 so far as that Part deals with liability for GST and entitlement to input tax credits, but the special rules also affect other aspects of Part 2-2 and the other Parts of Chapter 2 .
Division 49 - GST religious groups
Subdivision 49-B
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Consequences of approval of GST religious groups
49-40
Adjustment events
(1)
An * adjustment event cannot arise in relation to:
(a) a supply that a * member of a * GST religious group makes to another member of the same GST religious group; or
(b) an acquisition that a member of a GST religious group makes from another member of the same GST religious group. (2)
This section has effect despite section 19-10 (which is about what are adjustment events).
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