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  

Note:

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 90 - Company amalgamations  

90-15   Acquisitions not creditable - amalgamated company registered or required to be registered  

(1)    
An acquisition made by an * amalgamated company from an * amalgamating company in the course of * amalgamation is not a * creditable acquisition if, immediately after the amalgamation, the amalgamated company is * registered or * required to be registered .

(2)    
This section has effect despite section 11-5 (which is about what is a creditable acquisition).




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