A New Tax System (Luxury Car Tax) Act 1999

Part 3 - Paying the luxury car tax  

Division 16 - GST groups and GST joint ventures  

Subdivision 16-B - Participants in GST joint ventures  

16-25   Additional net amounts relating to GST joint ventures  

The additional net amount relating to a *GST joint venture in section 51-45 of the *GST Act:

(a) is increased by the amount of any luxury car tax on *taxable supplies of luxury cars for which the *joint venture operator is liable because of section 16-15; and

(b) is increased or decreased (as the case requires) by the amount of any *luxury car tax adjustments that are adjustments of the joint venture operator because of section 16-20.

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