A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
-
The special rules
Part 4-6
-
Special rules mainly about tax periods
This Division does not apply in relation to an entity ceasing to * account on a cash basis as it ceases to exist, or in relation to an entity starting to account on a cash basis as it comes into existence.
Note:
The special rules in this Part mainly modify the operation of Part 2-6 , but they may affect other Parts of Chapter 2 in minor ways.
Division 159 - Changing your accounting basis 159-30 Entities ceasing to exist or coming into existenceThis Division does not apply in relation to an entity ceasing to * account on a cash basis as it ceases to exist, or in relation to an entity starting to account on a cash basis as it comes into existence.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.