A New Tax System (Goods and Services Tax) Act 1999

Chapter 4 - The special rules  

Part 4-2 - Special rules mainly about supplies and acquisitions  


The special rules in this Part mainly modify the operation of Part 2-2 , but they may affect other Parts of Chapter 2 in minor ways.

Division 110 - Tax-related transactions  

Subdivision 110-A - Income tax-related transactions  

110-15   Supplies under operation of consolidated group regime  

A supply is not a * taxable supply to the extent that it occurs because of the operation of these provisions:

(a) Part 3-90 of the * ITAA 1997 ;

(b) Part 3-90 of the Income Tax (Transitional Provisions) Act 1997 .

Without limiting the scope of subsection (1), for the purposes of that subsection, the operation mentioned in that subsection includes an operation that results from:

(a) a choice made under the provisions mentioned in that subsection; or

(b) any other voluntary action provided for by those provisions.

This section has effect despite section 9-5 (which is about what are taxable supplies).

This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.