A New Tax System (Goods and Services Tax) Regulations 1999 (repealed)

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

Division 70 - Financial supplies (reduced credit acquisitions)  

70-5.01  

70-5.01   Objects of Division 70  
The objects of this Division are:


(a) to specify the reduced credit acquisitions that relate to making financial supplies that give rise to an entitlement to reduced input tax credits; and


(b) to specify the percentage of the reduction of the input tax credits to which the financial supply provider is entitled.




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